News Highlights: Top Global Markets News of the Day - Wednesday at 1 AM ET

Dow Jones
05 Mar
 
Stocks Fall as Tariff Fears Ripple Through Economy 
 

Major indexes had found their footing by midafternoon, then resumed their decline. Economically sensitive stocks were among the hardest hit.

 
Trump Touts 'Swift and Unrelenting' Action on Border, Budget and Economy 
 

The State-of-the-Union-style address gave the president a chance to sell his agenda to the American public six weeks into his second term.

 
China Sets 2025 Growth Target at About 5% Despite Looming Trade Tensions 
 

China has set an economic growth target of around 5% for 2025, unchanged from last year, despite mounting challenges from trade tensions, weak domestic demand and a prolonged property downturn.

 
Trump May 'Meet in the Middle' on Canada, Mexico Tariffs: Commerce 
 

U.S. trading partners retaliate with tariffs of their own on U.S. goods. Stocks and the dollar retreat.

 
Fallout from Trump's trade war is spilling over into corporate bonds at a crucial moment 
 

The first two weeks of March tend to see the highest bond issuance of the year for highly rated corporations.

 
The Two-Headed Monster Stalking the Economy Has a Name: Stagflation 
 

Tariffs have stoked fears of a dreary combination of weak growth and inflation.

 
Australia's Economy Gathers Momentum as Fresh Storms Brew 
 

The economy grew 0.6% sequentially in the December quarter, and by 1.3% from a year earlier, the Australian Bureau of Statistics said Wednesday.

 
RBA Deputy Gov. Hauser Says Inflation War Not Over; Trade Uncertainty Rising 
 

It's too soon to declare that the battle to contain inflation in Australia is over and a cautious approach to interest rate cuts is still needed, the deputy governor of the Reserve Bank of Australia, Andrew Hauser, said.

 
RBNZ Gov. Orr Resigns 
 

The Governor of the Reserve Bank of New Zealand, Adrian Orr, announced his resignation ending a volatile seven-year term as the head of the central bank.

 
Earnings Have Been Good for Stocks. Tariffs Are Undoing the Gains. 
 

Trade tensions were kryptonite for the market in 2018 as well.

 
 

(END) Dow Jones Newswires

March 05, 2025 01:00 ET (06:00 GMT)

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