Nasdaq Rises With Meta Earnings in the Spotlight

The S&P 500 ticked higher, while the Dow edged lower amid a flurry of earnings. 


 
Durable-goods orders get boost from autos and planes, but most manufacturers tread water

Orders for U.S. durable goods jumped 2.6% in March, but most of the increase was tied to new autos and passenger planes. Orders barely rose outside of the transportation sector in a sign of ongoing manufacturing weakness. 


 
Home buyers turn to adjustable-rate mortgages as 30-year rate zooms past 7%

Mortgage applications fell 2.7% in the last week, the Mortgage Bankers Association said. The average rate for a 30-year mortgage stood at 7.24%. 


 
Investors Flock to Two-Year U.S., German Bond Auctions but For Different Reasons

U.S. and German two-year government bond auctions on Tuesday received strong demand, even as investors' motivation to bid diverged as U.S. and eurozone interest-rate cut expectations are moving apart. 


 
China Faces New EU Subsidy Probes Days Before Xi Visit

The EU has launched two new probes into allegations of unfair Chinese business practices, days ahead of a visit from Chinese President Xi Jinping. 


 
China's EV Price War Is Just Getting Started

With a historic round of price cuts this month, Tesla, Li Auto and a host of others have extended China's monthslong electric-vehicle price war into a new quarter. 


 
Hannon's Take: Fed Uncertainty Claims First Central Bank Victim

Bank Indonesia unexpectedly lifted interest rates as it looks to bolster its tumbling currency. It is unlikely to be the last amid a global pivot to the U.S. delaying rate cuts. 


 
Is There Light at the End of the Tunnel for Hong Kong?

Proposed regulatory changes are welcome news for the city's stock market, but they probably aren't enough. 


 
Israel Calls Up Reserve Brigades Ahead of Expected Rafah Offensive

Egypt helps put up tent camps in the Gaza Strip to handle flow of civilian refugees. 


 
Asian Central Banks Face Policy Dilemma From Fed Rate-Cut Delay, FX Crunch

A surprise rate hike by Indonesia's central bank underlines expectations that the start of monetary policy easing is looking increasingly far off for many Asian central banks, if it is on the horizon at all.


(END) Dow Jones Newswires

04-24-24 1115ET