Dow Jones Top Markets Headlines at 11 am ET: Stocks Rise as Nvidia's Bullish Forecast Lifts Investors' Spirits | Wheat ...

Dow Jones08-27 23:00

Stocks Rise as Nvidia's Bullish Forecast Lifts Investors' Spirits

Stocks make gains as a blockbuster revenue forecast from Nvidia is bringing some much-needed relief to investors who have been anxious about the AI boom.

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Wheat Soars to Highest Level in Three Years as Black Sea Crisis Deepens

The latest price jump extended a sharp run up in prices for the commodity, with Chicago contracts trading around 30% above their end of June low.

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U.S. Jobless Claims Pull Back Again

The number of people who filed for unemployment benefits was 203,000 in the week through Aug. 22, 4,000 lower than the upwardly revised 207,000 reported a week earlier.

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Bank of Korea Hikes Again as It Raises Growth, Inflation Forecasts

South Korea's central bank lifted its projections for economic growth and core inflation this year

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Think Treasurys Are Having a Rough Summer? It's Even Uglier Abroad

Countries with large debt burdens-France, Italy, the U.K., Japan-have come under the heaviest pressure in recent months.

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Fed's Warsh Has Little Room to Falter at Jackson Hole

Kevin Warsh's success as Federal Reserve chairman may rest, in part, on his willingness to explain in his Jackson Hole speech his framework for thinking about monetary policy.

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Bank Lending to Eurozone Businesses Fell Again in July

Rising borrowing costs might be weakening the currency area's economy ahead of another expected ECB rate rise.

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Why Bond Yields Are the Stock Market's New Fear Index

The myriad issues facing the economy aren't being reflected in traditional risk gauges. But you can't fool the bond market.

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Reality Dawns That RBA Has Further Work to Do in Taming Inflation

The data points to an increasingly buoyant Australian economy, with aggregate demand still well above levels the central bank will feel are appropriate.

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German Consumer Confidence Rises on Economic Resilience

While consumer confidence remained below prewar levels, consumer economic expectations picked up for the fourth month in a row.

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BOJ Deputy Gov. Himino Vows Inflation Vigilance as Rate-Hike Bets Mount

The overnight index swaps market is pricing in nearly a 90% chance of a rate increase at the coming Bank of Japan meeting.

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Fed's Cook Says She Never Committed Fraud

A lawyer for Fed governor Lisa Cook said her mortgage documents provide no legal basis for Trump to remove her.

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U.S. and Canada Are Bracing for Prolonged Trade Dispute

Few are seeing an offramp as Trump faces political pressures in advance of the midterm elections.

 

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