Stocks Extend Slump, Treasury Yields Climb

Hot monthly retail sales and Middle East tensions weigh on indexes, with the S&P 500 down 1.2%. 


 
Retail sales rose sharply in the first quarter - and could boost U.S. GDP

Sales at retailers rose a robust 0.7% in March and outlays in February were also stronger than initially reported, indicating the economy got a decent boost from consumer spending in the first quarter. 


 
Israel's Next Move After Iran Attack Involves Complex Calculations

Decision makers must balance the need to deter Iran with the desire to strengthen a tenuous government coalition and achieve their war aims in Gaza. 


 
Corporate Canada Braces for Higher Taxes in Tuesday's Budget Plan

The business groups and economists worry that higher taxes could pose another hurdle to the country's lackluster business investment. 


 
Here's What Higher for Longer Means for the Stock Market

Stocks are still trading near record levels, but some investors say further gains may be more difficult to come by. 


 
Trucking Oversupply Is Weighing on Carriers' Earnings Outlooks

A push by retailers and manufacturers to cut shipping costs is sending trucking industry hopes of an earnings rebound into a skid. 


 
China's Central Bank Holds Key Policy Rates

The People's Bank of China kept key policy rates steady and drained liquidity from the banking sector as economic data shows fresh signs of weakness. 


 
Certain Biotech Investors Get an Early Look at Results. Is That Fair?

Private investments in public equities, or PIPEs, are all the rage in biotech, but some investors resent the sharing of nonpublic information. 


 
Big Oil Companies Warm to Biden After Years of Bad Blood

Once a favorite foil of the White House, some U.S. oil executives have reached an unlikely truce with the president's lieutenants. 


 
'Envy of the World'-U.S. Economy Expected to Keep Powering Higher

Economists lift their growth forecasts in latest Wall Street Journal survey.


(END) Dow Jones Newswires

04-15-24 1715ET