Global Markets Rise as U.S., China Agree on Temporary Tariff Cuts
U.S. stock futures soared, the dollar hit a one-month high and Treasury yields rose early Monday in Europe after the U.S. and China agreed to suspend most tariffs.
Gold Futures Slump as U.S., China Agree to Substantial Tariff Cuts
Futures in the precious metal slid as the agreement to lower tariffs increased risk-on sentiment in markets.
Bessent Hails 'Productive' U.S.-China Trade Talks
The Treasury secretary cited progress and promised more details Monday. Beijing said the two sides agreed to start a formal negotiation process.
Stock-market bulls face inflation test this week, but trade talks may set the tone
Deals may matter more than data, including inflation readings, for stock-market investors looking for clarity around President Donald Trump's tariff plans in the week ahead.
How Trump's Middle East visit to push OPEC+ for more oil could end up hurting U.S. producers
The major oil producers known as OPEC+ did exactly what U.S. President Donald Trump has been asking for - and American producers may be the ones to soon pay the price.
U.S. Tariffs to Drive U.K. Growth, Inflation Lower, BOE's Lombardelli Says
The reduced U.K. growth and inflation would come on falling demand and trade diversion as the rest of the world cuts their exports to the U.S., Lombardelli said in London.
Tariff Shock Reverberates in the Bond Market
Longer-term Treasury yields have climbed, keeping borrowing costs elevated, even as short-term yields have dropped.
China's Property Market Is a Tale of Big Cities. Everywhere Else Is Struggling.
Big cities like Beijing and Shanghai show signs of recovery while smaller regions are dealing with oversupply and weak demand, highlighting China's real estate challenges.
China Struggles With Persistent Disinflationary Pressures as Tariffs Bite
The consumer-price index declined 0.1% from a year earlier in April, matching the fall seen the prior month and marking a third straight month of drops.
The Spring Home Sales Season Is Shaping Up to Be a Dud
Although inventory has been rising, high home prices and mortgage rates are putting off buyers during the prime selling season.
(END) Dow Jones Newswires
May 12, 2025 05:00 ET (09:00 GMT)
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