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

S&P 500 Gains; Intel Stock Rallies 
 

The S&P 500, Nasdaq Composite and the Dow Jones Industrial Average all rose modestly. Intel was among the top performers.

 
China Unveils New Measures to Aid Ailing Economy 
 

But economists say the moves are unlikely to be enough to repair a broken housing market or pull the economy out of a deflationary rut.

 
Argentina Scrapped Its Rent Controls. Now the Market Is Thriving. 
 

Landlords in Buenos Aires are rushing to put properties back on the market, and many renters are getting better deals after the country's new president scrapped rental laws, along with most government price controls.

 
Trump Issues Fresh Trade Threats, Targeting Deere 
 

The Republican presidential nominee called for a 200% tariff on goods made in Mexico that were previously made in the U.S.

 
Childcare Is Key to a Healthy Jobs Market: Kashkari 
 

The Minneapolis Federal Reserve Bank president also discussed the central bank's recent rate cut and the path forward.

 
Stocks Are Having a Great Year but Worries Remain After the Rate Cut 
 

The S&P 500 and Dow Industrials just hit records, but even if investors think that the bull market can keep running, it doesn't hurt to be prepared.

 
Fed's Goolsbee Wants More Rate Cuts. The Economy Could Nail a Soft Landing. 
 

The economy is solid but rates need to come down to keep it there, Chicago Fed president Austan Goolsbee said.

 
Struggling Eurozone Faces Contraction While U.S. Keeps Pace 
 

The eurozone economy slowed sharply as the third quarter draws to a close, contrasting still-dynamic growth in the U.S., according to a series of business surveys.

 
Labor market is not 'flashing red,' two top Fed officials say 
 

Two top Federal Reserve officials on Monday said that they don't think the labor market is weakening dangerously - but the risk of further softening called for last week's half-point cut in the policy rate.

 
U.S. Economy Stabilized in August, Chicago Fed Says 
 

Economic growth rebounded a little last month but the broader trend remained weak amid high borrowing costs and political uncertainty, the Federal Reserve Bank of Chicago said.

(END) Dow Jones Newswires

September 24, 2024 01:15 ET (05:15 GMT)

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