News Highlights: Top Global Markets News of the Day - Monday at 1 AM ET

China Economic Data Paints Mixed Picture 
 

China's consumption expanded at a faster pace in May as Beijing moved to boost domestic demand, while investment was weighed by sluggishness in the property sector.

 
Kaskhari says it's 'reasonable' to predict Fed won't cut rates until December 
 

It's a "reasonable prediction" that the Federal Reserve will wait until December to cut interest rates, Minneapolis Fed President Neel Kashkari said Sunday.

 
Big Tech - not the Fed - is driving the stock-market rally. Here's what investors need to know. 
 

Big tech, not the Federal Reserve, is once again driving the rally across U.S. equities, offering hope to some investors that the stock market could shrug off concerns about the interest-rate outlook to sustain its upward momentum.

 
Investors Fear Long Stretch of Calm in Markets Can't Last 
 

With stock indexes at record highs, market volatility has been exceptionally low.

 
A Big Bond Rally Is Promising Some Help for Home Buyers 
 

The sharp rise in bond prices has pushed down the yield on the 10-year U.S. Treasury note, a benchmark for mortgage rates and other borrowing costs across the economy.

 
Pensions Piled Into Private Equity. Now They Can't Get Out. 
 

Retirement funds are seeking cash while money is languishing in zombie investments.

 
Kroger, Lennar, and More Stocks to Watch 
 

Markets will be closed on Wednesday for Juneteenth. Plus, earnings reports, retail sales data, and Bank of England and Swiss National Bank interest-rate decisions.

 
Week Ahead for FX, Bonds: Rate Decisions Due in U.K., Australia 
 

Markets await a raft of interest-rate decisions, including in the U.K., Australia, China, Indonesia, Switzerland and Norway, while French assets will be watched closely ahead of snap elections.

 
How Taylor Swift May Stand in the Way of Bank of England Rate Cuts 
 

The Bank of England is on the brink of lowering interest rates. But one very entertaining factor could get in the way, strategists at TD Securities predicted this week.

 
Consumer sentiment falls to 7-month low on worries over inflation and weaker incomes 
 

An early reading of U.S. consumer sentiment in June fell to the lowest level in seven months, reflecting lingering worries about high inflation as well as slower growth in household incomes.

(END) Dow Jones Newswires

June 17, 2024 01:15 ET (05:15 GMT)

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