Stock Futures Rise as More Earnings Roll In

Futures were higher as investors moved past Fed Chair Powell's comments Tuesday that dialed back expectations for interest-rate cuts. 


 
U.K. Inflation Eases as BOE Readies for Rate Cuts

The U.K.'s annual rate of inflation cooled to a two-and-a-half year low in March, a contrast with hotter-than-expected recent prints in the U.S. that makes it likely that the Bank of England will lower its key interest rate later this year. 


 
Chinese Regulators Downplay Effects of New Equities Rules

Chinese regulators sought to reassure investors in the wake of new rules governing its beleaguered equities markets, saying the once-in-a-decade changes will affect relatively few of the country's thousands of publicly traded companies. 


 
Biden Calls for Steep Hike to Tariff on Chinese Steel

The president wants to increase a key tariff rate on Chinese steel and aluminum products to 25% from 7.5%. 


 
A Fear Trade as Tensions Rise in the Mideast

Investors could consider a two-pronged options strategy that seeks to turn fear of a wider Mideast war into a long-term opportunity. 


 
Singapore Exports Slump More Than Expected

Singapore's non-oil domestic exports slumped in March, sliding more than expected and continuing a bumpy start to the year that casts some uncertainty on the economic outlook. 


 
Japan's Exports Extend Run of Growth

Japan's exports grew for a fourth straight month in March, propelled by heightened demand for autos and semiconductors. 


 
Inflation in New Zealand Eases But Near-Term Rate Cuts Unlikely

New Zealand's consumer prices rose by less than expected in the first three months of this year, giving the country's central bank more latitude to join global counterparts which have either cut interest rates or are considering doing so. 


 
Fed Chair Jerome Powell Dials Back Expectations on Interest-Rate Cuts

Federal Reserve Chair Jerome Powell said firm inflation had introduced new uncertainty over whether the central bank would be able to lower rates this year. 


 
Canada Lifts Capital-Gains Tax to Finance New Housing Measures, Keep Deficit Steady

Canada said it would raise capital-gain taxes on corporations and wealthy individuals to finance multibillion-dollar spending measures aimed at addressing rising disillusionment among younger Canadians about their financial prospects.


(END) Dow Jones Newswires

04-17-24 0715ET