News Highlights: Top Global Markets News of the Day - Thursday at 7 AM ET

Dow Jones11-21 20:00
 
Stock Futures Lower and Nvidia Stock Declines 
 

Futures tied to the S&P 500, Dow industrials and Nasdaq-100 retreated and global markets were mostly lower.

 
The Trump Stock Euphoria Starts to Fade 
 

Tariffs, deficits and stretched valuations give Wall Street pause.

 
An Immigration Crackdown Risks Sapping Farms' Vital Source of Labor 
 

Agriculture companies and laborers fear raids; 42% of crop farmhands aren't legally authorized to work in the U.S.

 
Fed's Williams Sees Inflation Cooling and Interest Rates Falling Further 
 

John Williams, who heads the Federal Reserve Bank of New York, says 2% is the rate that can best balance the Fed's employment and price stability goals.

 
ECB's Villeroy Expects Little Inflation Impact From Possible Tariffs 
 

The Bank of France governor said the inflationary impact in the eurozone of higher tariffs on imports to the U.S. would likely be modest and the ECB should continue to lower borrowing costs.

 
BOJ Will Consider Impact of Weak Yen in Making Price Forecasts, Gov Ueda Says 
 

Bank of Japan Gov. Kazuo Ueda said the central bank includes the possible impact of a weak yen on its price forecasts, although the stability of the currency market isn't one of its mandates.

 
Bitcoin Price Races Toward $100,000 Milestone. 
 

The large-cap token has been racking up gains since Donald Trump won the U.S. election.

 
French Factories Shrug off Trump Tariff Threat as November Mood Lightens 
 

In the first business survey to be compiled in a major European economy since Trump's election victory, confidence from French industry improved, suggesting its manufacturers aren't overly worried about likely higher tariffs.

 
EU New Car Sales Rebound After Gains in Germany, Spain 
 

Passenger-car registrations in the European Union edged higher in October, a month marked by solid gains in Germany and Spain that eclipsed declines in the French and Italian car markets.

 
Another bullish call for stocks in 2025. Wells Fargo raises S&P 500 target on strong economy, Trump's policy changes. 
 

Another Wall Street firm is increasing its S&P 500 target for next year, with a view that stocks are poised to extend their bull-market run to at least the end of 2025

 
 

(END) Dow Jones Newswires

November 21, 2024 07:00 ET (12:00 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment