News Highlights: Top Global Markets News of the Day - Tuesday at 1 AM ET
S&P 500 Edges Higher After Powell Says Rate Cuts Will Continue
U.S. stocks capped off a strong quarter by edging higher Monday after Federal Reserve Chair Jerome Powell suggested that the central bank would likely refrain from extra-large interest-rate cuts if the economy remains solid.
Fed's Powell Says Rate Cuts Can Sustain Soft Landing, but Sees No Need to Rush
Federal Reserve Chair Jerome Powell said the economy was in solid shape. "We intend to use our tools to keep it there," he added.
Dockworkers Launch Strike at Ports From Maine to Texas
Retailers say they can weather a short shutdown but prices are likely to rise and shortages might grow in a prolonged walkout.
Japan's Major Manufacturers Stay Cautious Amid Global Uncertainties
Sentiment among large Japanese manufacturers held steady during the three months to September, a Bank of Japan survey showed, indicating that uncertainties over the global economy kept them cautious about their business outlook.
The stock market is entering the most volatile month of an election year - but the rally may be here to stay
Wall Street is about to flip its calendar to the most volatile month of a presidential election year, but the record-setting rally seen in the third quarter has investors pondering whether the big gains have staying power.
China's Housing Glut Collides With Its Shrinking Population
Many cities are stuck with empty homes that they will likely never fill, adding to the country's economic woes.
A Dockworkers Walkout Would Close Ports From Maine to Texas and Slam the U.S. Economy
The International Longshoremen's Association, which represents 45,000 dockworkers from Maine to Texas, is pushing for a 77% pay increase.
Stocks, bonds up in third quarter amid 'soft landing' hopes - but gold beat both
Markets wrapped up a strong third quarter for stocks and bonds, as investors appeared more convinced that the Federal Reserve may pull off a soft landing. Still, gold surged.
FOMO on China Stock Rally? Think Twice About Buying In.
U.S. and European companies with China businesses may not benefit in the same way as domestic firms.
China's Small Businesses Wait for Stimulus Help. They're Wary.
Real estate and job security remain the main concerns for Chinese business owners and consumers.
(END) Dow Jones Newswires
October 01, 2024 01:15 ET (05:15 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.-
Markets Brief: Is 16% a Good Return?
-
Should Emerging-Markets Stocks Stand Alone in Your Portfolio?
-
What’s Happening in the Markets This Week
-
Worst-Performing Stock ETFs of the Quarter
-
Q3 in Review and Q4 2024 Market Outlook
-
Top-Performing Stock ETFs of the Quarter
-
September Jobs Report Forecasts Show Moderate Hiring Gains
-
Port Strike a Headache for Shippers but a Potential Tailwind for Certain US Transport Stocks
-
3 Dividend Stocks for October 2024
-
Consumer Defensives: Despite Angst, Thirsty Investors Have Names to Pursue
-
Industrials: Many Stocks Overvalued After Q3 Outperformance
-
Basic Materials: Despite Index Rise, We See Multiple Long-Term Opportunities
-
What the Election Could Mean for Big Tech Stocks
-
3 Lessons From Recent Stock Market Drama
-
Consumer Cyclicals: Even Amid Moderating Consumer Spending, We See Discounts
-
Healthcare: Valuations Look Fair Overall, With Select Industries Still Undervalued