Market News

U.S. Stock Index Futures mirrored a rally in global stocks on Monday after a surprise recovery in China factory activity and further hints of progress in U.S.-China trade talks. Wall Street ended the first quarter on a high note on Friday, with the S&P 500 logging its best quarter since 2009 as investors bet the...

Turkish President Tayyip Erdogan’s fiery anti-U.S. rhetoric helped spark a currency collapse in 2018 that plunged his country into recession. He had avoided a repeat so far this year but last Friday, during a break from pre-election rallies, Erdogan said U.S. President Donald Trump’s move to recognize Israeli sovereignty over the occupied Golan Heights risked...

While inflation has failed to consistently reach the Federal Reserve’s 2 percent target for years and the die-hards have been stymied by false starts time and again, the fund giants say the central bank’s dovish pivot is a game-changer. A tight labor market, and the Fed’s willingness to consider putting off raising interest rates this...

Prime Minister Theresa May asked for a three-month delay to Brexit on Wednesday to buy time to get her twice-rejected divorce deal though parliament, but the request faced immediate resistance from the European Commission. May said Britain remained committed to leaving the European Union “in an orderly manner” and she wanted to postpone Britain’s departure...