Stock Futures Lower as JPMorgan and Wells Fargo Kick Off Bank Earnings

Stock futures turned negative as bank earnings started rolling in. 


 
Import inflation rises for third month in a row. Higher oil prices play big role.

The cost of imported goods rose in March for the third month in a row because of higher oil prices, adding a little bit to upward pressure on U.S. inflation. 


 
China Exports Rise as Trade Tensions Mount

Exports picked up in the first quarter of the year, a sign that Beijing's push to lift growth by propping up manufacturing is getting results. 


 
Gold Futures Hit New Record on Central Bank Buying, Safe-Haven Demand

Gold futures have set another record high, with the rally driven by central bank purchases, safe-haven demand and geopolitical tensions. 


 
IEA Expects Global Oil-Demand Growth to Slow Further in 2025

The International Energy Agency cut its forecast for oil-demand growth this year and said the pace of expansion is set to further decelerate in 2025 as the post-pandemic rebound runs its course and the electric-vehicle rollout weighs on consumption. 


 
Bernanke Urges BOE to Highlight Alternative Paths for Economy and Policy

The Bank of England said it will place more stress on developments that could upend its expectations for the U.K. economy and future interest rates as part of an overhaul of forecasting and communications recommended by Ben Bernanke. 


 
U.K. stocks eye record high,  higher commodity prices boost miners, oil groups

London's FTSE 100 was eyeing record levels Friday, as rallying metals and oil prices boosted resources stocks, with a stumbling pound and better economic data providing additional support. 


 
U.K. Edges Toward Recovery But Rate-Cuts Remain in Focus

The U.K. economy continued to grow slowly in February as it looks to climb out a shallow slump, though calls will likely remain for the Bank of England to add some vigour with interest-rate cuts starting in June. 


 
Energy-Guzzling AI Is Also the Future of Energy Savings

Data centers need more power because of artificial intelligence, but other buildings can use the technology to conserve. 


 
China Seeks to Boost Stock Market Supervision

China has issued new national-level guidelines aimed at addressing stock-market volatility, including tightening supervision of new listings.


(END) Dow Jones Newswires

04-12-24 0915ET