Bessent Seeks to Reassure Investors the U.S. Is Still the 'Premier Destination'
Some analysts have dubbed the broad-based selloff of U.S. stocks, Treasuries, and the dollar the "Sell America" trade.
S&P 500, Dow Break Nine-Session Winning Streaks
The big stock rebound showed some signs of exhaustion, as stocks fell despite positive services data.
Services sector, the main engine of the U.S. economy, strengthened in April
Manufacturing has dominated the news because of tariffs, but uncertainty has spread over into the services sector.
Cybersecurity Companies Want to Go Public. The Market Isn't Letting Them.
Chief executives are waiting out economic turbulence; "I don't think it'll last forever."
Oil Prices Drop to 4-Year Low. Big Mergers Like a Shell, BP Combo Could Appeal.
Increased supply from OPEC and the economic uncertainty of trade wars weighing on demand could be a brutal combination for energy prices.
Beijing's 'Made in China' Plan Is Narrowing Tech Gap, Study Finds
The Xi Jinping strategy, which the U.S. criticized, unleashed enormous state support to boost competitiveness with the West.
Trump Downplays Economic Concerns as He Looks to Cut Trade Deals
The president and his advisers are feeling somewhat more confident about the economy.
Taiwan Central Bank Says U.S. Didn't Make Forex Demands, Urges Calm as Currency Surges
Taiwan's central bank has denied speculation that the U.S. asked the island to lift the value of the Taiwan dollar, convening an emergency meeting to urge calm after the currency resumed a blistering rally on Monday.
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.
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.
(END) Dow Jones Newswires
May 05, 2025 19:00 ET (23:00 GMT)
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