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

S&P 500 Slips, 10-Year Yields Climb Above 4% 
 

U.S. stock markets slipped to start the week. The S&P 500, Dow Jones Industrial Average and Nasdaq Composite were all lower midday.

 
Housing sentiment jumps to highest level in over two years, Fannie Mae says 
 

A record number of consumers expect mortgage rates to fall over the next year. They're also bracing for an increase in home prices.

 
Hamas Fires Rockets at Tel Aviv, and Israel Adds Troops in Lebanon 
 

The Israeli military said five projectiles fell in central Israel on the anniversary of the militant group's attacks that sparked a multifront war in the Middle East.

 
Japan to Closely Watch Impact of Yen Moves 
 

Japan's new finance minister pledged to consider policy responses against sharp currency moves based on how they affect the real economy.

 
German Factories Fall Further Behind as Orders Sink 
 

German manufacturing orders fell almost 6% in August, much more than expected, furthering pressure on the struggling sector that offers little sign of a recovery.

 
Big Oil Urges Trump Not to Gut Biden's Climate Law 
 

Oil companies try to persuade the former president and his Republican allies not to slash provisions of the Inflation Reduction Act potentially worth billions.

 
Stock market's soft-landing rally faces CPI inflation test. Here's what investors should do. 
 

Middle East tensions, the port strike and the Fed's interest-rate outlook puts inflation front and center again for the U.S. stock market this week.

 
Corporate Insiders Are Sitting Out the 2024 Stock-Market Rally 
 

Warren Buffett, Jamie Dimon and Jeff Bezos are among the business leaders exhibiting caution.

 
One Small-Stock Fund Crashes the Big-Tech Party 
 

Hood River fund places No. 6, the outlier among the large-cap funds whose heady gains have been driven by the 'Magnificent Seven.'

 
A Tried-and-True Investing Pattern Has Lost Its Shape 
 

Deciding what sectors and companies are cyclical versus defensive has suddenly gotten a lot more complicated.

(END) Dow Jones Newswires

October 07, 2024 13:15 ET (17:15 GMT)

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