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

Dow, S&P 500 Rise More Than 1% to Start the Week 
 

U.S. stocks rallied, recouping some of last week's losses as investors looked ahead to fresh inflation data.

 
China's Export Growth Surprises in August 
 

Chinese exports exceeded market expectations in August, rising at a faster clip despite the impact of punitive tariffs.

 
Australian Consumers Remain Downbeat About Economic Outlook 
 

Australian consumer confidence fell in September amid concerns about job security as economic growth slows to a crawl.

 
U.S. Dividends Grew 9% in the Second Quarter. Meta and Alphabet Gave a Boost. 
 

Companies in the U.S. and around the world increased their dividends in the second quarter. Big tech companies are now top payers.

 
Don't Count the Mag 7 Out. And Another Market Tidbit That Might Make Your Day. 
 

Lumpiness could be the new norm for the tech sector, but it doesn't pay to bet against tech for the long term.

 
The 'great wait' economy is here, and it's confusing investors 
 

Investors are facing an old problem with a new spin: nobody really knows where the U.S. economy is headed. In fact, economists and market watchers can hardly agree on where things stand right now.

 
A record share of Americans expect mortgage rates to fall over the next 12 months. How low will rates go? 
 

Consumers are still largely pessimistic about the housing market despite expectations for a drop in mortgage rates, according to a Fannie Mae survey.

 
Higher Tariffs to Hit Poorest Countries Hard, Unlikely to Protect Jobs, WTO Says 
 

Increased protectionism will hit the world's poorest countries hardest, and is a costly and counterproductive way of protecting jobs in rich countries, the World Trade Organization said.

 
'Super Mario' Draghi Pitches Big Spending to Fix Europe's Economy 
 

The 77-year-old former ECB chief delivered his prescription for jump-starting Europe's sluggish economy and strengthening its defense industry.

 
China's EV, Hybrid Sales Maintain Momentum 
 

Sales of electric vehicles and hybrids continued to rise in China, despite weaker overall sales, as authorities rolled out incentives to boost EV consumption and a price war eased.

(END) Dow Jones Newswires

September 10, 2024 01:15 ET (05:15 GMT)

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