Dow Jones Top Markets Headlines at 11 AM ET: U.S. Retailers' Sales Growth Accelerated Last Month | Tech ...

Dow Jones
Jun 17

U.S. Retailers' Sales Growth Accelerated Last Month

Sales growth rose more than expected for U.S. retailers in May, as consumers continued to make purchases even as gasoline prices remained elevated.

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Tech Stocks Advance as Investors Await Rate Decision

U.S. stocks where higher, powered by tech names ahead of the Federal Reserve's first interest-rate decision under new chairman Kevin Warsh.

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ECB's Tracker Continues to Point to Slower Wage Growth

Eurozone wage growth shows no sign of picking up in response to the rise in energy prices , according to European Central Bank figures.

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Oil Supply Could Far Outstrip Demand Growth if Middle East Peace Deal Holds, IEA Says

Oil consumption is set to fall sharply lower before flows through Hormuz gradually normalize, setting the stage for a supply surge that could far outstrip demand growth .

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U.K. Inflation Remains Unexpectedly Flat Ahead of Bank of England Meeting

Annual inflation was unchanged in May, defying expectations of an increase and reinforcing the view that the BOE will keep rates on hold Thursday.

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China Moves to Boost the Use of Yuan Globally

China is doubling down on building more resilient financial infrastructure to shield its economy from external shocks.

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Trump Picked Warsh to Cut Rates. His Committee Is Talking About Hikes.

Kevin Warsh walks into his first meeting as Federal Reserve chairman this week in an awkward spot. He argued for rate cuts. The conversation at the Fed has shifted the other way.

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NATO's Rutte Says European Allies Ready to Help Restore Gulf Shipping

Members of the military alliance, led by the U.K. and France, are ready to support the return of shipping through the Strait of Hormuz, the NATO secretary-general said.

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Bank of Korea Warns Inflation May Stay Elevated Despite Middle East Truce

South Korea is likely to see elevated inflation for a prolonged period as higher energy costs spread into the broader economy and creates fresh risks for policymakers, the Bank of Korea said.

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Japan Imports Rise as Energy Supply Diversification Progresses

A surge in energy costs and pivot toward alternative procurement channels likely drove up Japan's import bill.

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Sweden's Central Bank Holds Key Rate, Sees Higher Chance of a Hike Later This Year

The Riksbank held at 1.75% but said the probability of a rate hike later this year had increased as the fallout from the Middle East conflict risks pushing inflation higher.

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The AI Boom's Hunt for Cash Hits a New Corner of the Bond Market

Volume in the convertible-bond market has soared to the highest level since the start of the Covid-19 pandemic.

 

(END) Dow Jones Newswires

June 17, 2026 11:00 ET (15:00 GMT)

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