Consumer sentiment weakens in late April, University of Michigan survey says
Consumer sentiment deteriorated near the end of April, according to the latest reading from the University of Michigan.
Stocks on Track for Weekly Gains as PCE Inflation Hits 2.7%
Stocks climbed, putting the major U.S. indexes on course for weekly gains despite another round of firm inflation data.
Used-Car Sales Have Moved Online-Here's Why Both Customers and Dealers Are Happy
The migration has armed consumers with much more information and choices. It has done the same for dealerships.
China to Pay Consumers Up to Nearly $1,400 to Replace Old Cars
China plans to give car owners up to nearly $1,400 to replace their old cars with new ones, a move to boost slowing demand in the world's largest electric-vehicle market.
China's Gold Consumption Rises on Safe-Haven Demand
Chinese buyers, spooked by a protracted property slump and a recent stock-market rout, are rushing toward gold as economic uncertainty looms, propelling a global bullion rally.
Copper Futures Hit Two-Year High
Copper futures reached a fresh high, gaining from sanctions on Russian metals, tight market fundamentals and increasing structural demand.
Egypt Sends Negotiators to Israel, Fearing Time Is Running Out for Rafah
Cairo's intelligence chief is leading an effort to spur a new Gaza cease-fire proposal and stave off an invasion of the crowded border city.
The Thrill Factor Is Back for Retail Investors
Trading activity at Charles Schwab, Morgan Stanley and Robinhood has reached the highest levels since early 2022.
Bank of Japan Holds Rates Steady, Expects Inflation to Stay Around 2%
The Bank of Japan kept its interest-rate target unchanged, a month after it made its first rate increase in 17 years.
Week Ahead for FX, Bonds: Focus on Fed Decision, U.S. Jobs Data and Weak Yen
The Fed's monetary policy decision on Wednesday is likely to take center stage. Inflation figures will be watched from the eurozone and Asia.
(END) Dow Jones Newswires
04-26-24 1315ET
