News Highlights: Top Global Markets News of the Day - Thursday at 7 AM ET

Dow Jones
13 Mar
 
Global Markets Under Pressure on Growing Tit-For-Tat Tariff Escalation Fears 
 

U.S. stock futures were feeling the squeeze again after a benign U.S. inflation report had offered some respite, as Asian markets closed lower and European indices opened down.

 
Europe's Idling Factories Eye New Start in the Military 
 

Industrial production in the eurozone recovered at the start of a year that could herald a new dawn for its beleaguered manufacturing sector.

 
Tesla's Stock Still Isn't Cheap 
 

The EV maker has shed nearly half its value but still looks expensive compared with tech and auto peers.

 
Consumer Angst Is Striking All Income Levels 
 

Signs of weakness are showing up in spending on everything from basics to luxuries.

 
Shoppers Are Skimping on Cigarettes, Doritos and Twinkies 
 

Convenience-store sales have fallen as consumers cut back on snacks due to rising prices and health concerns.

 
IEA Says Trade Tensions Weigh on Oil Demand, Warns of  Supply Surplus 
 

The International Energy Agency said the macroeconomic conditions underpinning its oil-demand projections have worsened over the past month due to global trade tensions.

 
The Trump Effect Heads Abroad. European CEOs Are Getting Ousted. 
 

European stocks have trailed U.S. peers for years. That's changing now, and the pressure is on CEOs.

 
Tariff Threats May Slow Private Equity's Nearshoring Bets in Mexico 
 

Uncertainty over new Trump administration trade policies force some investors to rethink Mexican deals.

 
Senate GOP's Tax-Cut Wishlist Heads North of $5 Trillion 
 

On the menu: more than 200 ideas, ranging from the estate tax to housing credits and loosening the cap on the state and local tax deduction.

 
U.S. Federal Deficit Exceeds $1 Trillion Over 5 Months 
 

Data disclosed by the Treasury Department showed an adjusted gap between federal spending and revenue of $1.063 trillion for October through February.

 
 

(END) Dow Jones Newswires

March 13, 2025 07:00 ET (11:00 GMT)

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