U.S. Stock Futures Trade Mixed
U.S. stock futures were mixed, following a ferocious rebound Monday. SpaceX rallied premarket, pointing to a third day of gains.
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EU Gives Final Approval to U.S. Trade Deal
Lawmakers approved the deal Tuesday ahead of a deadline set by Trump that would have ramped up tariffs on cars.
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Import-Price Inflation Remained Firm in May
Prices on U.S. energy imports rose at a slower rate last month as the global economy adjusted to the effects of the Iran conflict, but overall growth in import prices remained elevated, the Labor Department reported.
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U.S. Housing Starts Fell Sharply in May
Housing starts fell 15.4% in May to 1.177 million, significantly below economists' expectations of a 2.4% decline.
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Oil Prices Fall Below $80 for the First Time Since March
Brent crude and WTI prices were falling again as President Donald Trump said the Strait of Hormuz could reopen as soon as Friday.
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German Investor Confidence Jumps on Hopes of End to Middle East Conflict
German investor confidence improved unexpectedly sharply on hopes the war in the Middle East would end soon and prompt energy prices to cool.
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Major Wall Street Banks Cut Oil-Price Forecasts on Faster Gulf Supply Recovery
Goldman Sachs and Morgan Stanley cut their oil-price forecasts, with Persian Gulf flows expected to recover to prewar levels sooner than anticipated.
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Bank of Japan Lifts Rates to 31-Year High
The central bank raised its policy rate to 1% as elevated energy prices stoke inflation fears.
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Central Banks Are Rethinking Where They Store Their Gold
Fewer central banks now store bullion in London and New York-a reflection of growing geopolitical concerns and the desire to ensure greater control and access to reserves.
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Australia's Central Bank Holds Interest Rates, Warns More Hikes May Come
The Reserve Bank of Australia held interest rates steady as it weighs the impact of its recent rate hikes on inflation.
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China's Consumer Spending Falls for First Time Since Covid
The country's economic growth has become increasingly reliant on exports, stirring up geopolitical tensions.
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Stocks Have Even More Room to Fly if Hormuz Reopens
Oil prices fell, bonds rallied and the Dow industrials closed at a record after President Trump announced a deal to end the war with Iran.
(END) Dow Jones Newswires
June 16, 2026 09:00 ET (13:00 GMT)
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