News Highlights: Top Global Markets News of the Day - Wednesday at 1 AM ET

Dow Jones11-20 14:00
 
Nasdaq Rises 1%; Bond Yields Decline 
 

The Nasdaq Composite climbed 1%, lifted by gains in investor darling Nvidia. The Nasdaq was trailed by the S&P 500, which added 0.4%. The Dow industrials fell 0.3%.

 
Japan Exports Rebound But Outlook Remains Cloudy After Trump Re-Election 
 

Japan's exports rebounded in October but there are doubts if exports will keep strengthening amid uncertainties surrounding the global economy and U.S. trade policy.

 
American Companies Are Stocking Up to Get Ahead of Trump's China Tariffs 
 

Businesses plan to stockpile, raise prices and accelerate the shift to manufacturing elsewhere.

 
China Holds Benchmark Lending Rates Steady 
 

Major Chinese lenders kept 1-year and 5-year loan prime rates steady at 3.1% and 3.6% respectively.

 
Panel Urges U.S. Action on China. What It Could Mean for Shein, Iran, and Trade. 
 

A report from the U.S.-China Economic and Security Commission underscored the increased scrutiny of ties that lies ahead as the Trump administration prepares to take power.

 
Canada Inflation Edges Up to 2% in October 
 

The slight acceleration in prices-still within the Bank of Canada's target range-diminishes the chance of another jumbo interest rate cut in December.

 
Why the Fed's December Decision Just Got Complicated 
 

There's a growing divide between the bulk of the economy that has sailed smoothly through the central bank's anti-inflation campaign and the important corners of the landscape that haven't.

 
EU Approaches a Forced Labor Ban 
 

The bloc's ban, which doesn't target any particular country, won't come into effect for years.

 
Iran Sharply Expands Stockpile of Nuclear Fuel Ahead of Trump's Return 
 

Advances in its nuclear program could complicate the president-elect's efforts to contain Iran.

 
Trump Picks Howard Lutnick as Commerce Secretary 
 

The president-elect will nominate the veteran Wall Street financier to lead the Commerce Department.

 
 

(END) Dow Jones Newswires

November 20, 2024 01:00 ET (06:00 GMT)

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