Dow Jones Top Markets Headlines at 5 AM ET: U.S. Futures Rise on Easing Geopolitical Tensions, Rate-Cut Hopes | Canada …

view original post

U.S. Futures Rise on Easing Geopolitical Tensions, Rate-Cut Hopes

The stocks rally is poised to continue Monday, but the dollar fell on worries over the Fed’s independence and U.S. government debt.

—-

Canada Rescinds Digital-Services Tax to Salvage Trade Discussions With U.S.

Carney and Trump will try to reach an agreement by July 21, a Canadian spokeswoman said.

—-

China PMI Signals Continued Decline in Manufacturing

A gauge of China’s manufacturing activity signaled decline for a third straight month in June as trade frictions with the U.S. continued to weigh on the world’s second-largest economy.

—-

Japan Factory Output Rose in May, But Tariffs Cloud Outlook

Japan’s industrial production increased modestly in May, but the rebound is likely to be temporary due to the impact of U.S. tariffs and concerns over a global slowdown.

—-

Wall Street Hangs On to Hopes for a Boom in Deals

Blockbuster tie-ups continued in the second quarter in industries relatively insulated from tariffs.

—-

Senate Megabill Stuns the Clean Energy Industry With New Tax on Wind and Solar

Elon Musk calls the Senate’s latest version of the spending bill ‘utterly insane and destructive.’

—-

Trump’s Criticism of Fed’s Rate Decisions Not Necessarily a Threat to Its Independence, BIS Says

The BIS said doubts have been raised about the Trump administration’s commitment to central bank independence, but added the president’s comments don’t necessarily represent a threat to the Fed’s autonomy.

—-

The Unlikely Stocks That Drove the Market to a Record High

The hero behind stocks’ rally to a new high on Friday wasn’t the Magnificent Seven. It was a discount retail chain.

—-

Tech stocks are powering this record-setting rally on Wall Street – but how long can it last?

Whether the record-setting stock rally is built to last may come down to one of the market’s most longstanding questions: How broad is the rally?

—-

The Stock-Market Rally Is Moving Beyond Big Tech and Investors Are Thrilled

One measure of market breadth recently touched a new high, as financial and industrial names fuel stocks’ climb.

—-

Turning New York Offices Into Homes Finally Works. Now There’s a Rent-Freeze Catch.

Mayoral candidate Zohran Mamdani’s policies could hurt a promising source of new housing supply.

—-

The U.S. Economy Pushes Through the Trade War

Employers and investors braced for an economic meltdown. It hasn’t happened, though there are headwinds.

—-

Week Ahead for FX, Bonds: U.S. Jobs Data in Focus as Fed Rate Cuts Loom

U.S. nonfarm payrolls figures for June will be closely watched because evidence of a weak job market could increase speculation that the Federal Reserve could cut interest rates soon.


(END) Dow Jones Newswires

June 30, 2025 05:15 ET (09:15 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.