Dow and S&P 500 End Tumultuous April With Seventh-Straight Daily Gain
The indexes overcome early declines that followed soft a GDP reading.
The Rush to Beat Tariffs Is Distorting the Economy. It Has Barely Started.
The scramble to get goods to the U.S. ahead of President Trump's tariffs has already led to huge distortions in global trade patterns and economic data. It isn't over yet.
Beijing Treads Carefully on Yuan as Tariffs Weigh
Chinese policymakers are hoping to stabilize the yuan as it faces downward pressure from U.S. levies and a gloomy growth outlook.
China-to-U.S. Container Shipments Shrink as Tariffs Bite
The biggest carriers say they are switching to smaller ships as others cancel trans-Pacific sailings outright.
South Korea's Exports Unexpectedly Rose in April
South Korea's exports unexpectedly expanded for a third consecutive month in April, even as President Trump's sweeping tariffs have started to hurt international trade.
Stock market's post-GDP whiplash shows it's 'foolish' to expect anything but volatility
The stock market is experiencing whiplash, with the shrinking of the U.S. economy in the first quarter underscoring investor's worries over tariff uncertainty.
Trump Ally Lindsey Graham Pushes Russia Crackdown
The South Carolina senator is building support for new sanctions on Moscow and tariffs on countries that buy Russia's oil.
Canada GDP Ticks Up After 0.2% Decline in February
After a solid performance in the second half of last year, and the strongest monthly growth in GDP in nine months in January, the economy is widely expected to be hit hard this year.
Bank of Canada Officials Viewed April Rate Cut as 'Premature'
The lagging impact of past rate cuts and inflation fears persuaded a majority of officials to leave the policy rate unchanged, minutes show.
U.S. Economy Shrank in First Quarter as Imports Surged Ahead of Tariffs
The gross domestic product reading fell short of the 0.4% growth that economists surveyed by The Wall Street Journal expected.
(END) Dow Jones Newswires
April 30, 2025 23:00 ET (03:00 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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