ECB Expected to Be First Among Peers to Raise Key Rate in Response to Conflict
The central bank is set to raise its key interest rate Thursday, tightening policy for the first time in almost three years following a jump in energy prices caused by war in the Middle East.
----
U.S. Employment Trends Index Ticked Down in May
The Employment Trends Index, or ETI, fell to 107.01 in May, from an upwardly revised 107.88 in April.
----
U.S. Stocks Rise as Nasdaq Looks to Rebound
U.S. stocks rebounded in early trading, even after a flare-up in tensions between Iran and Israel that sent oil prices higher.
----
Iran and Israel Halt Exchanges of Fire
In a tumultuous resumption of violence, Iran had fired several volleys of attacks, while Israel's targets included a major Iranian petrochemical facility.
----
Saudi Arabia Cuts July Crude Prices for Asia As Demand Slows
Aramco set the official selling price for July loadings of its Arab Light crude to Asia at $9.50 above regional benchmarks, down from a premium of $15.50 a barrel in June.
----
China Auto Sales Stayed Weak in May
China's auto market weakened further in May, with rising oil prices denting demand for gasoline-powered cars and helping electric and plug-in hybrid vehicles capture a record share of new car sales.
----
German Factory Orders Fell Back in April
Manufacturing orders dropped-the first decline since January-reversing some of the gains in March that came on the back of stock building after the outbreak of the war in Iran.
----
Korean Authorities Urge Banks to Step Up Controls as Won Slumps
South Korean authorities urged banks to step up measures against what they described as "speculative market-disrupting behavior."
----
For a Select Few, IPOs Are Winners. Good Luck to Everyone Else.
Buyers who get the offer price historically have seen the biggest returns, and SpaceX isn't likely to be different.
----
When Trump Jawbones the Market, Bet Against Him at Your Peril
From oil to interest rates, the president has repeatedly moved markets in his direction. Whether that serves the economy is another question.
----
Inflation Is an 'Economic Thief.' What Will the Fed Do About It?
As the U.S. learned in 2021 and 2022, there are financial and even political consequences when policymakers fail to act in response to inflation.
----
OPEC, Allies Pledge Oil-Output Hike Even as Middle East War Chokes Exports
The move is widely seen as symbolic as the war in the Middle East has choked off a critical waterway through which a fifth of the world's oil passes.
----
Hormuz Crisis Exposes a Global Flaw That Will Take Years to Fix
Iran's stranglehold on the strait demonstrates the power countries can exert over economic pinch points.
(END) Dow Jones Newswires
June 08, 2026 11:00 ET (15:00 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.