Dow, S&P 500 Futures Rise

The Dow industrials were on a tear as European and Hong Kong markets also made gains. 


 
U.K. Returns to Growth as War Shock Fades

The U.K.'s gross domestic product rose 0.6% in the first quarter, a sign that the country is beginning to recover from the damage caused by Russia's invasion of Ukraine. 


 
Israeli Forces Push Into Rafah as Gaza Cease-Fire Talks Falter

Israel's military struck what it said were Hamas tunnel shafts in Gaza, while negotiations about a cease-fire and hostage release hit another impasse. 


 
The Dow Is a Terrible Index. But It Is Telling Us Something Important.

Though anchored in the past, the Dow Jones Industrial Average captures something about the way the market changes. 


 
Even a State-Linked Giant Can't Duck China's Real-Estate Crisis

China Vanke's Hong Kong-listed shares have lost two-thirds of their value over the past year. That is bad news for those hoping the worst is over for China's real-estate market. 


 
New Zealand's Manufacturing Sector Remains in Contraction

The country's manufacturing sector showed tentative signs of recovery in April, but remained in contraction, according to the latest BNZ - BusinessNZ Performance of Manufacturing Index. 


 
Bank of Mexico Leaves Benchmark Rate Unchanged at 11%

After cutting rates at its last meeting, the central bank voted unanimously for a pause as inflation edged higher in April. 


 
Fed's Mary Daly Sees 'a Really Healthy Labor Market'

The San Francisco Fed president also dismissed the idea that additional interest-rate hikes are necessary at this point. 


 
The Fed Is in a Holding Pattern. That Could Be Good for Stocks.

Interest rate cuts may not happen until much later this year or even 2025. But that is because the economy-and earnings- remain healthy. 


 
Saudi Arabia's Economy Isn't Just About Oil. 4 Stocks to Consider.

Saudi Arabia boosted its economy, kept China as an oil customer, opened up more jobs for women, and is becoming more socially liberal.


(END) Dow Jones Newswires

05-10-24 0715ET