News Highlights: Top Global Markets News of the Day - Friday at 3 PM ET

Dow Jones
02-22
 
Home Sales Fell 4.9% in January, Extending Slump in Housing Market 
 

Home prices and mortgage rates, which were a drag on home sales for most of 2024, stayed elevated and put off many buyers.

 
U.S. Consumer Confidence Falls Back on Fears of Tariff-Induced Price Increases 
 

Inflation expectations jumped to 4.3% this month from 3.3% in January, the highest reading since 2023.

 
Major U.S. Stock Indexes Slip; UnitedHealth Pulls Down DJIA 
 

UnitedHealth is casting a pall over the Dow industrials after WSJ reported the DOJ was probing its Medicare billing practices and how UnitedHealth records diagnoses..

 
Bank of Canada Inflation-Targeting Review Won't Touch 2% Level, Macklem Says 
 

The central bank will instead focus on refining core inflation gauges and look at whether shelter costs are distorting readings.

 
Canada Retail Sales Slide After Jumping 2.5% in December 
 

Canadians look to have pared back spending at the start of the year, tightening their belts after flocking to retailers in December and driving up sales at the fastest rate in roughly two and half years.

 
Europe's Economic Stagnation Persists, Latest Business Surveys Say 
 

The eurozone economy continued to flatline in February, torn between signs of revival in Germany and sharp decline in France.

 
Chinese Stocks Rally on Strong Alibaba Earnings, DeepSeek Optimism 
 

Upbeat earnings by big tech companies have added to a recent rally driven by Xi Jinping's meeting with top corporate executives and the AI hype around DeepSeek.

 
In the Trump Era, Flying Green Doesn't Matter Anymore 
 

The president's endorsement has pushed up air-taxi stocks, but development of all types of zero-emission aircraft is falling by the wayside.

 
U.K. Retail Sales Rise for First Time in Five Months 
 

Retailers in the U.K. reported a brighter start to the new year, with sales rising after four straight months of falls, largely from a recovery in the food segment.

 
French Industry Sentiment Improves Despite Tariff Threat 
 

The mood in France's factories brightened a little this month as borrowing costs come down, and despite the threat of tariffs on exports to the U.S.

 
 

(END) Dow Jones Newswires

February 21, 2025 15:00 ET (20:00 GMT)

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