S&P 500 Hits New Record High
U.S. stocks were rising, with the S&P 500 hitting a new record high.
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U.S. Trade Deficit Widens to Largest Level in More Than a Year
U.S. imports were higher than exports by about $106 billion in August, with the U.S. buying more products like crude oil, gold and semiconductors from abroad.
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Canada's August Trade Surplus Widens Sharply Ahead of Fresh Tariffs
Reading marked a sixth consecutive merchandise-trade surplus and the biggest since May 2022, and came in well above the roughly C$1.5 billion economists anticipated.
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Eurozone Retail Sales Edge Higher Despite Slump in Fuel Sales
Sales of food, drinks and non-fuel products rose slightly on the month in the 21-member currency area.
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Companies Raise More Than $1 Trillion in Equity Markets, But AI, Bond Yields Sour Mood
Markets had been expecting a bumper quarter following an ebullient start to the year crowned by SpaceX's record-breaking IPO.
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Wall Street Bonuses Are Expected to Hit Another High This Year
New York reports that the industry is now on pace for $90 billion in profits this year, leading to higher compensation.
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German Factory Orders Tumbled in August
Manufacturing orders in the eurozone's largest economy fell 10.6% on month, as the conflict in the Middle East kept energy costs elevated.
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Brent Futures Fall More than 2% as Middle East Exports Recover, Shipping Risks Persist
Prices fell Tuesday as traders assessed recovering crude exports against fresh shipping incidents around Hormuz and increased tensions around the Red Sea.
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U.S. Treasury Yields Turn Lower, Eurozone Bond Yields Slide
Investors pondered whether the recent selloff had gone too far and now offered attractive levels to start buying again.
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Why Weaning Markets Off Fed Speak Is Harder Than It Sounds
Kevin Warsh wants investors to focus on the economy and not the Fed. Last week, his top lieutenants stepped in to reset bets on an October rate increase.
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Oil Is Flowing From Hormuz Again-Just Not the Kind the World Needs Most
The scramble is on for diesel, while damaged refineries and tight fuel supplies keep prices elevated around the world.
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France's Appetite for 'Magic Money' Has Turned Into a Debt Bomb
After years of overspending, the country has emerged as one of Europe's weakest links. Investors are bracing for things to get worse.
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The Surge in Rates Is Blowing Up Commercial Real-Estate Deals
Property buyers are demanding sellers renegotiate terms because of higher mortgage rates, signaling broader market distress.
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Germany and France Are Proposing a New Weapon to Counter Flood of Chinese Goods
The countries, ahead of an EU leaders' summit next week, are recommending lowering the bar for blocking Chinese products.
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