News Highlights: Top Global Markets News of the Day - Monday at 9 PM ET

Dow Jones
04 Mar
 
Trump Says Canada-Mexico Tariffs Will Take Effect, 'No Room Left' for Talks 
 

U.S. stocks fell in afternoon trading after Trump said the tariffs would move forward.

 
Stocks Drop as Trump Is Set to Move Forward on Tariffs 
 

The Dow industrials fell 1.5%, or nearly 650 points. The tech-heavy Nasdaq Composite slid 2.6% to a level last seen just before Trump's November election victory.

 
U.S. Pauses All Military Aid to Ukraine 
 

The U.S. decision comes days after a contentious meeting between Trump and Zelensky at the White House.

 
The St. Louis Fed President Is Carefully Watching This Economic Indicator 
 

Elevated inflation expectations were a key reason why bringing inflation under control was so much more costly in the 1970s than it has been since 2022, Alberto Musalem said

 
Trump Administration Curbs Enforcement of the Corporate Transparency Act 
 

Treasury Department said it won't take enforcement action against Americans or American companies who fail to file ownership information under the law.

 
European Defense Sector Enters Upswing as Europe Prepares to Rearm 
 

European leaders have signaled more readiness on providing Ukraine with security guarantees should a ceasefire deal be reached, and expanding their defense capabilities amid fears the U.S. could decrease its military presence in the continent.

 
U.S. Factory Activity Eased as Tariffs Threats Spark Accelerating Costs 
 

U.S. manufacturing activity expanded slightly in February for a second straight month after 26 months of contraction, although at a more cautious pace as price growth accelerated on the threat of new tariffs.

 
'Shocked' reaction to White House Zelensky meeting sends European defense stocks soaring 
 

JPMorgan lifts price targets of European defense companies by an average of 25% after furious reaction in European capitals to Trump-Zelensky meeting.

 
ECB Primes Fresh Rate Cut as Inflation Begins to Ease Again 
 

Consumer prices in the eurozone were 2.4% higher in February than a year earlier, a slower rate of inflation than recorded in January, reassuring policymakers ahead of Thursday's meeting.

 
Trump Tariff Threats Spur Calls by Canada's Winemakers to Break Down Trade Barriers Between Provinces 
 

Canadian vintners want to sell directly to consumers nationwide, opening fresh markets by removing restrictions that currently stand in the way.

 
 

(END) Dow Jones Newswires

March 03, 2025 21:00 ET (02:00 GMT)

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