Stocks Gain as New Tariff Deadline Eyed
Stocks rose, with major U.S. indexes climbing 1% or more and everything from utilities to meme stocks rallying.
----
Trump Threatens Higher Tariff Rates on India Over Russian Oil
India has a large trade surplus with the U.S. and was previously facing 25% rates set to go into effect this Thursday.
----
EU Prepares to Pause U.S. Counter-Tariffs for 6 Months
The European Union is preparing to suspend a package of retaliatory tariffs it had intended to impose on goods from the U.S. had it failed to secure a trade deal with President Trump by Aug. 1.
----
U.S. Factory Orders Declined in June
New orders from U.S. factories contracted 4.8% month over month to $611.7 billion in June. Orders have dropped for two of the past three months.
----
U.S. Employment Trends Weaken, Underlining Labor-Market Jitters
The Conference Board's Employment Trends Index fell to 107.55 in July from an upwardly revised 108.19 in June, the research group said.
----
China Is Choking Supply of Critical Minerals to Western Defense Companies
Beijing is squeezing the flow of key elements needed to make defense systems, a sign of the leverage China has over the U.S. military supply chain.
----
Swiss Inflation Edged Higher in July
Inflation edged higher last month than the same month of last year suggesting the SNB could push interest rates below zero later this year.
----
Trump Seeks Bigger Overhaul at Labor Statistics Bureau, Adviser Says
Kevin Hassett said the president wants his own people at the agency to provide "more transparent and reliable" jobs data.
----
Cash Windfall From Trump's Tax Law Is Starting to Show Up at Big Companies
Investors are watching boosts to free cash flow as estimates of tax savings trickle out.
----
BOE Expected to Lower Its Key Rate Thursday and Signal More of the Same
The Bank of England is expected to stick to its cautious rate-cut path at a time when inflation remains high even as there are clear signs of a cooling jobs market.
----
American Consumers Are Getting Thrifty Again
Generic brands and bulk buying are on the rise as shoppers find themselves in a summer of economic uncertainty.
----
It's a Scorching Hot Summer for Deals on Wall Street. Vacation Can Wait.
The busiest week for dealmaking since 2021 has bankers and lawyers scrambling.
----
Trump's 'Slap in the Face' Puts Neutral Switzerland in Trade-War Crossfire
Swiss officials and business leaders reacted with shock and confusion after the president's executive order imposing a 39% tariff-a higher rate than all but three nations. The reason for it? A skyrocketing trade imbalance.
----
The AI Boom's Hidden Risk to the Economy
The build-out of artificial-intelligence infrastructure is costing a fortune, straining companies and capital markets.
(END) Dow Jones Newswires
August 04, 2025 15:00 ET (19:00 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.