Dow Jones Top Markets Headlines at 11 AM ET: Economy Was Even Slower in Fourth Quarter, New Estimate Shows | Underlying ...

Dow Jones03-13 23:00

Economy Was Even Slower in Fourth Quarter, New Estimate Shows

GDP grew at an 0.7% annual rate late last year, down from the initial reported pace of 1.4%.

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Underlying Inflation Was Stubborn in January by Fed's Preferred Metric

PCE inflation in January was 2.8% year over year. The numbers predate the Iran conflict.

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Stocks Move Higher While Oil Prices Dip Below $100

U.S. stocks strengthened modestly after inflation and gross domestic product data.

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Consumer Sentiment Declined This Month, Per Michigan Survey

The survey's sentiment index was 55.5 in its preliminary March reading, versus 56.6 in February. Analysts polled by The Wall Street Journal had expected a reading of 55.3.

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Eurozone Industrial Production Retreated in January, Ahead of Iran War Disruption

Output unexpectedly fell and challenges are expected to gather pace from the jump in energy prices prompted by the war in the Middle East.

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Why Bank Stocks Are Getting Beaten Up Over Private Credit

Some investors are cashing out of private-credit funds, and that could leave banks more exposed to them.

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U.K. Economy Unexpectedly Stalled in January

A sustained return to modest growth is likely to be hindered by the rise in energy prices and uncertainty that has accompanied the Middle East conflict.

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Canada Employment Drops in February, Lifting Jobless Rate

Employers in Canada for a second straight month shed jobs, partially rolling back a jump in hiring seen last fall and pushing the jobless rate back up following a dip to start the year.

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Eurozone Bond Yields Rise to Multimonth Highs as Brent Surpasses $100 Again

Uncertainty over developments in the Middle East suggest investors should avoid buying Bunds, Commerzbank said.

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Canada Factory Sales Fall 3% in January

Canadian manufacturing activity began the year on weak footing, with sales in January falling to the lowest level in eight months thanks in part to an extended winter shutdown at several auto plants.

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An Exodus of Money Endangers Wall Street's Private-Credit Craze

Investors asked to cash out 14% of Cliffwater's $33 billion fund while Morgan Stanley capped withdrawals.

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Oil Prices Fall Below $100. India Asks Iran to Allow 23 Tankers Through Strait of Hormuz.

The U.S. has temporarily lifted sanctions on Russian oil already at sea, through April 11, in a bid to boost the reach of existing oil supply.

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Hong Kong Exchange Proposes Looser Listing Rules

The proposed measures would make it easier for companies to list, and aim to strengthen the city's appeal as an IPO venue.

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The Electric Grid Needs Huge Upgrades. No One Knows Who Will Pay for Them.

Utilities around the U.S. are set to spend tens of billions of dollars on high-voltage lines, largely to meet demand from data centers.

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New U.S. Trade Probes Raise Concerns in Asia

Washington's latest trade probes target excess industrial capacity in several economies in Asia, causing concern that higher tariffs are on the way.

 

(END) Dow Jones Newswires

March 13, 2026 11:00 ET (15:00 GMT)

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