News Highlights: Top Global Markets News of the Day - Monday at 5 AM ET

Dow Jones
05 May
 
Oil Tumbles After OPEC+ Agrees on Another Large Supply Hike 
 

Prices plunged after OPEC and its allies agreed to increase output again, despite weak prices and an uncertain demand outlook.

 
What Big Tech Earnings Taught Us-and Didn't-About Tariffs 
 

Tesla, Alphabet, Meta Platforms, Microsoft, Amazon.com and Apple have all reported earnings over the last two weeks.

 
Corporate America Is Leaving More Jobs Unfilled 
 

Most employers aren't laying off workers, but many have paused hiring while the trade war plays out

 
Taiwan Dollar Leads Currency Gains in Asia Amid Trade Talk Hopes 
 

The Taiwan dollar led Asian currencies higher versus the U.S. dollar amid hopes for China-U.S. trade talks.

 
BOE Set For Fourth Rate Cut And Opening Way to Faster Moves 
 

The Bank of England is expected to cut its key interest rate on Thursday, likely join a number of central banks responding to the prospect of weaker growth by cutting borrowing costs.

 
Switzerland Nears Deflation as SNB Mulls Rate Cuts 
 

The drop in consumer prices tees up the possibility that the country's central bank could turn to negative interest rates in the coming year.

 
How Bad Is China's Economy? The Data Needed to Answer Is Vanishing 
 

Beijing has stopped publishing hundreds of statistics related to real estate, finance, unemployment and even soy sauce production, making it harder to know what's going on in the country.

 
Wall Street's second-quarter outlook sours, with bigger-than-normal forecast cuts 
 

Earnings Watch: Mattel and Ford will report, as markets rebound but look for trade-war clarity

 
Trump Downplays Economic Concerns as He Looks to Cut Trade Deals 
 

The president and his advisers are feeling somewhat more confident about the economy.

 
Why Trump - and investors - will probably be disappointed by the Fed this week 
 

The Federal Open Market Committee is scheduled to meet on May 6 and 7, and while the Fed isn't expected to cut interest rates, the meeting will likely be closely watched by both investors and President Donald Trump.

 
 

(END) Dow Jones Newswires

May 05, 2025 05:00 ET (09:00 GMT)

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