Stocks Extend Rally Ahead of Busy Earnings Slate
The S&P 500 rose 1%, while the Dow Jones Industrial Average added 0.5%. Walt Disney, Uber and Airbnb are among the companies reporting results this week.
U.S. Jobs Growth Set to Slow
The Conference Board's employment trends index fell to 111.25 in April from a downwardly revised 112.16 in March.
Israel Attacks Rafah, as It Questions Hamas Cease-Fire Terms
Israel is studying the militant group's statement, which came soon after Israel urged evacuations before an offensive on Rafah.
Fed Reluctance to Cut Rates Makes Easing Harder for Emerging Markets
Central banks in Brazil and Mexico that led the global fight against inflation could now be stuck with steep interest rates due, in part, to the U.S. Federal Reserve's reluctance to cut.
China's Xi Shouldn't Expect an Easy Ride in Europe This Time
The Chinese leader's visit is set to test Europe's willingness to confront Beijing over its support of Russia and trade practices that have hurt European industries.
Regulator Explores Naming Companies Tied to Auditing Deficiencies Amid Investor Pushback
Shareholders have long called for such disclosure in inspection reports, in part a bid to learn which specific audits had problems.
How Online Shopping Is Saving the Bricks-and-Mortar Store
Retailers are increasingly relying on their shops as fulfillment hubs.
Paul Weiss Scores Another Top Dealmaker in Hiring Push
Jim Langston is leaving Cleary Gottlieb Steen & Hamilton to join Paul Weiss's mergers-and-acquisitions practice.
India's Boom Faces a Pitfall: Sharing the Wealth
To become an economic powerhouse like China, India urgently needs to address rising income inequality.
China Services-Sector Gauge Shows Slower Activity Expansion
A private gauge of China's services sector showed activity grew at a slightly slower pace in April, though there are signs of a recovery in consumption given strong spending over recent holidays.
(END) Dow Jones Newswires
05-06-24 1715ET
