Dow Jones Top Markets Headlines at 7 AM ET: U.S. Stock Futures Edge Lower Ahead of Megabill Vote | Powell ...
U.S. Stock Futures Edge Lower Ahead of Megabill Vote
U.S. stock futures edged down, after both the S&P 500 and the Nasdaq Composite ended Monday at record highs, with investors eyeing wrangling in Washington over President Trump's fiscal megabill.
----
Powell Speaks in Europe as Trump Piles Pressure on Fed
The Fed chair will speak Tuesday morning at the European Central Bank's Forum on Central Banking in Sintra, Portugal.
----
Eurozone Inflation Hits 2% Target, Raising Chance of ECB Rate Hold
Consumer prices in June were 2% higher than the same month last year, up from the 1.9% of May, lifting expectations that policymakers will leave the key interest rate unchanged later this month.
----
Asian Factory Activity Stays Subdued as Tariff Deadline Looms
Asia factory activity ended the second quarter on a weak note, as U.S. tariff uncertainty weighed on orders and production across much of the region.
----
Republicans' Effort to Pass Megabill Stretches Into a New Day
The ​Senate is continuing a marathon session to pass President Trump's tax and spending package, as the GOP races to get the legislation to the president's desk by a self-imposed July 4 deadline.
----
Canada Loads First Ever LNG Cargo to Asia
LNG's role in Asia's energy mix looks set to keep growing as countries turn to the lower-carbon fuel to meet their green energy goals.
----
Japan Business Sentiment Improves Despite Tariffs
Large Japanese manufacturers became slightly more optimistic about their business conditions in the second quarter despite tariff concerns, reviving rate-hike expectations.
----
Germany's Jobless Rate Holds Steady Despite Signs of Labor-Market Weakness
The unemployment rate was 6.3% in June for a fourth consecutive month, but signs of a loosening labor market remain as economic uncertainty around trade and geopolitics persists.
----
From Tariff Pain to Record Highs, a Wild Quarter on Wall Street
The S&P 500 has now added more than 9% since President Trump announced sweeping tariffs.
----
South Korea's Exports Rebound Despite Tariff Woes
South Korea's exports rebounded in June largely on brisk semiconductor shipments, indicating resilience despite challenges from higher U.S. tariffs weighing on global trade.
----
Your July Fourth Burgers Cost More Than Ever as Beef Prices Hit Record
Americans hosting cookouts will have to pay up to buy ground beef because of a historically low cattle supply.
----
'Dark Pools' Are Handling More Stock Trades. Wall Street Is Fighting Back.
In the last quarter of 2024, the exchanges' share of trading fell below 50% for the first time.