Tesla Surge Helps Stock Market Extend Gains
Major U.S. indexes edged higher at the start of a busy week for corporate earnings and economic data. Tesla shares rose 15%.
China's Factory Activity Keeps Growing But Loses Some Steam
China's latest batch of factory activity showed the manufacturing sector has continued growing, but has lost some steam as economic headwinds persist.
Japan Govt to Respond Firmly to Excessive FX Movements, Top Currency Official Says
Japan's top currency official said it was the government's job to respond firmly to excessive movements in the currency market driven by speculators because these movements exerted a negative effect on the economy.
Australian Retail Sales Slumps; Swifties Suffer Hangover
Australia's weaker than expected March retail sales further confirm that consumer spending is barely detectable, while also damping speculation that the next move in interest rates might be up.
International Investors Line Up to Buy Into Indian Stock Exchange
A $700 million continuation fund backing India's largest stock trading venue drew investors such as Pantheon and HarbourVest.
Taxes, Tariffs and Debt: Investors Start to Fear the Presidential Election
Around the country, investors are getting jittery about the coming Biden-Trump rematch and peppering financial advisers with questions about what the contest will mean for their portfolios.
Treasury Department raises its second-quarter borrowing estimate
The Treasury Department said Monday it expects to borrow $243 billion in the second quarter, which is $41 billion higher than previously estimated.
The Fed Won't Cut Rates at This Week's Meeting. Focus on This Instead.
The FOMC could announce a formal plan to slow the pace of quantitative tightening on May 1.
German Inflation Holds Steady in Further Sign of Eurozone Easing
German inflation remained steady in April, adding to signs that price pressures have cooled sustainably in the eurozone's most important economy.
Japan Intervenes After Yen Slides Against the Dollar
The yen has plummeted against the dollar this year, hurt by increasing doubts among traders about the timing of U.S. interest-rate cuts.
(END) Dow Jones Newswires
04-30-24 0315ET
