News Highlights: Top Global Markets News of the Day - Friday at 3 AM ET

Dow Jones
02 May
 
Asia Markets Rise on U.S. Tech Earnings, Signs of Easing U.S.-China Tensions 
 

Sentiment also improved after China's Commerce Ministry said it is considering trade talks with the U.S., raising hopes for de-escalation.

 
EU Could Offer to Buy $56 Billion of U.S. Products to End Trade War, Top Negotiator Says 
 

Trump has repeatedly lambasted the EU for what he says are the unfair surpluses they run in their trade in goods with the U.S.

 
China Signals Readiness to Respond to U.S. Trade Overtures 
 

Beijing again seeks an end to President Trump's tariffs and calls for "sincerity."

 
Trump to Propose Slashing $163 Billion in Government Programs in Budget Blueprint 
 

The president's budget wish list would cut health research, climate and education programs.

 
Forget GDP. It's the Jobs Report That Matters. 
 

Friday's report will provide the first "hard" data since President Trump's April 2 tariff announcements.

 
Middle-Income Consumers Feel Pinched. That's Bad for Some of America's Best Known Brands. 
 

Sales of candy, motorcycles and even Big Macs slump; 'People are just being more judicious.'

 
Money Managers Are the Most Bearish They've Been in 28 Years, Our Poll Finds 
 

Nearly 60% say the stock market is overvalued, according to Barron's latest Big Money poll of professional investors.

 
Why the AI Trade May Not Save the Market From Trump's Tariffs for Long 
 

Big Tech is coming to Wall Street's rescue, for now. But the Magnificent Seven aren't cheap. Look for better bargains elsewhere.

 
Trade War Exposes China's Dependence on U.S. for Auto Chips 
 

Certain American chips are essential for cars and other industrial goods made in China-a vulnerability revealed in tariff exemptions pushed by Beijing.

 
South Korea Inflation Flat in April, Possibly Paving Way for Policy Easing 
 

Steady inflation possibly paves the way for the central bank to loosen monetary policy further to support the sagging economy.

 
 

(END) Dow Jones Newswires

May 02, 2025 03:00 ET (07:00 GMT)

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