U.S. Stocks Fall as Investors Try to Guess Fed's Rate Path

Producer prices came in hotter than expected, indexes down. 


 
China's Central Bank Keeps Key Policy Rates Steady

The People's Bank of China kept its key policy rates unchanged on Friday while reporting a net withdrawal of liquidity from the financial market. 


 
China's Real-Estate Market Just Set a Record-but Not a Good One

Secondhand homes prices in the most developed cities saw their the worst monthly decline since the government started releasing data in 2011, suggesting China's real-estate slump shows no signs of losing steam. 


 
Glynn's Take: New Era Dawns at RBA as Leadership Transition Completes

Next week's board meeting at the Reserve Bank of Australia will be the first fully staffed gathering since September last year when former Gov. Philip Lowe ended his seven-year run at the helm of the RBA. 


 
Biden Opposition to Takeover of U.S. Steel Comes After Months of Lobbying

Nippon Steel's bid for U.S. Steel fits President Biden's agenda, but rival Cleveland-Cliffs and union have stirred up opposition. 


 
Top uranium producer expects 'modest' production growth this year

Kazatomprom, the world's largest producer of uranium, said Friday there will be modest production growth this year as it reported swelling profits. 


 
Options trades to exceed stocks for first time since 2021 as $5 trillion in contracts come due Friday

Options tied to more than $5 trillion in stocks, exchange-traded funds and equity indexes are set to expire Friday during the quarterly triple witching - when a welter of monthly contracts are set to expire alongside index futures. 


 
Corporate defaults are happening at fastest pace since financial crisis, according to S&P

Companies around the world are defaulting on their debt at the fastest pace since the global financial crisis as high interest rates and stubborn inflation continue to take their toll, according to a report from S&P Global Ratings. 


 
Gold Trades at Record Highs, But Will It Lose Its Shine?

Some analysts forecast gold will climb even higher over the course of the year, but others argue prices are likely to drop in the short-term. 


 
Jobless claims dip to 209,000 and still show no sign of rising layoffs

The number of Americans who applied for unemployment benefits last week slipped to 209,000 and continued to signal a strong labor market and low level of layoffs.


(END) Dow Jones Newswires

03-15-24 0515ET