Dow Jones Top Markets Headlines at 5 am ET: U.S Stock Futures, Treasurys Weaken as Brent Nears $100 | ECB ...

Dow Jones
09/08

U.S Stock Futures, Treasurys Weaken as Brent Nears $100

U.S. markets wobbled as higher oil prices dragged sentiment before investors return from the Labor Day weekend.

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ECB Set to Raise Key Rate Again, Signal Caution on Further Moves

The central bank is expected to raise its key interest rate to 2.5% from 2.25% on Thursday, as the eurozone's annual inflation rate in August reached the highest level in almost three years.

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German Exports Decline for First Time in Six Months

Goods exported in July to fellow European Union nations, alongside the U.K. and China, all fell back, but exports to the U.S. jumped almost 20% on month.

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AI Use Contributes to Global Decline in Student Reading Skills, OECD Says

The Organization for Economic Cooperation and Development said tests taken last year by 15-year-olds in 91 countries and economies revealed a big drop in scores compared with a decade earlier.

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China's Trade Surplus Widens as Export Growth Accelerates

Exports have become a key pillar of support for the Chinese economy, helping to sustain growth amid tepid domestic consumption.

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Bessent, the Sequel: Let's See How Far He Goes to Appease the Bond Market

How does $6 billion sound to you?

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Oil prices climb after reports of Saudi Aramco refinery being hit by Houthi rebels

The West Texas Intermediate and Brent crude contracts previously rose to near-seven-week highs.

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Bessent's Yen Bet Is Paying Off-for Now

The Japanese currency touched an almost seven-month high against the U.S. dollar, a sharp turnaround from its seemingly inexorable slide this summer.

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The Stock Market's Breezy Summer Is Over. Investors Beware.

The Fed and inflation are back in focus as investors face down an often bumpy stretch for markets.

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Iran's Oil Dollars Are Drying Up-and Plunging It Deeper Into Crisis

The U.S. blockade and dwindling supplies already on the water are squeezing Tehran's most important export earner.

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U.S. Gasoline Prices Hit Labor Day Record

American drivers were paying record Labor Day prices at the pump as more expensive crude and supply disruptions in the Middle East and Russia tightened global markets and raised fuel costs.

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The Panama Canal's New Boss Inherits a Drought and a Bidding War for Transit Slots

Ilya Espino de Marotta takes over as low water restricts shipping and drives auction prices to a record $5.3 million.

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Greenland Seeks to Turn Peril Into Profit After Trump's Threats to Take It Over

The Arctic island is cashing in by drawing investments from the European Union.

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LME Copper Prices Hit Record on Supply Issues, U.S. Tariff Concerns

Copper prices surged to a fresh record on the London Metal Exchange, as mounting concerns over mine supply and the prospect of potential U.S. tariffs sent buyers scrambling for the metal.

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Bond Yields Are Spooking Wall Street, but Europe Has an Even Bigger Problem

Soaring borrowing costs are a source of unease for U.S. investors-and they're sparking even more of a panic across the Atlantic.

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The Real Risk to Markets of Trump's Frustration at High Interest Rates

Stocks can keep rallying even if the Fed raises rates but President Donald Trump's reaction could pose a bigger issue.

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Eurozone Economy Surged as War Ignited Energy Prices

The bloc's GDP picked up more rapidly than previously estimated in the quarter through June, but that resilience will be tested if the Iran war continues to block the Strait of Hormuz.

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German Industrial Production Contracts on Auto Sector Slowdown

Output fell 1.1% on month after a flat reading in June, the country's statistics agency Destatis said Monday.

 

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