Fitch Ratings Downgrades Outlook for Chinese State-Owned Banks 

Fitch Ratings has downgraded the outlook for six Chinese state-owned banks amid concerns about the government's ability to support the sector in the event of stress.

Market Reaction to Iran Attack Tells Us Stocks Aren't in a Bubble 

The swings on Friday and Monday put to bed for now concerns that a bubble has been forming.

Wall Street Is Betting OPEC+ Can Fend Off $100 Oil 

Traders expect spare capacity will cap crude prices despite the conflict in the Middle East.

China Surprises With Strong Start to Year as Factories Power Expansion 

China said its economy grew 5.3% in the first quarter, driven largely by Beijing's push to turbocharge manufacturing.

U.K. Labor Market Cools Again, Making Rate Cuts More Likely 

Unemployment ticked higher and wage growth slowed in the U.K. in the three months to February, adding to signs that inflation is easing and making interest-rate cuts likelier in the coming months.

China's Air Passenger Numbers Surge in First Quarter 

Chinese air passenger numbers surged at the start of the year amid pent-up domestic travel demand and government stimulus to revive cross-border travel.

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.

Gold scores another record high as market awaits Israel response to Iran attack 

Gold futures eke out a gain on Monday to notch a fresh record-high settlement as traders awaited Israel's response after Iran's attack over the weekend.

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.

(END) Dow Jones Newswires

04-16-24 0515ET