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

Stock Futures Slip After Israel Strikes Iran 
 

U.S. stock futures pointed to renewed losses while Asian and European markets declined after Israel's attack in Iran.

 
China Hits U.S. With Levy on Chemical as Trade Tensions Rise 
 

China slapped a levy on imports from the U.S. of a widely used chemical, a small salvo in an escalating trade dispute between Washington and Beijing.

 
A Century-Old Lending Lifeline for Troubled Banks Has a Major Flaw. The Fed Wants to Fix It. 
 

Borrowing from the discount window carries a stigma officials hope to reduce.

 
America's Cigarette Market Is Up for Grabs 
 

Philip Morris will soon be able to sell its most successful smoke-free product in the U.S., setting up a battle with its former parent company Altria.

 
Netflix Dealt With the Freeloaders. Its Next Act Will Be Tougher. 
 

The decision to stop reporting subscriber numbers will put a greater focus on revenue growth-and advertising.

 
They Bet Against the Dollar. Now They're Paying the Price. 
 

The dollar recently hit a 34-year high against the yen, sending ripples through global markets.

 
U.S. Stocks Have Outperformed Europe for Years. Why That May Change for a While. 
 

J.P. Morgan makes the bullish case for selected euro-zone stocks, some pricey, some not. Plus, two very different cases where analysts stuck with calls that went bad.

 
Japan Inflation Records Two Years Above BOJ's Target as Meeting Looms 
 

Japan's consumer inflation has stayed above the Bank of Japan's 2% target for two years, government data confirmed, amid speculation over further interest-rate increases.

 
U.K. Retail Sales Flat in March 
 

Total U.K. sales volumes were no higher in March than in February, a weaker reading than had been forecast, and limiting the boost to wider economic growth.

 
Flood of Cheap Chinese Steel Fuels Global Backlash 
 

The country's property bust has saddled its steelmakers with a glut of unsold metal that they are now shipping overseas at knockdown prices.

(END) Dow Jones Newswires

April 19, 2024 07:15 ET (11:15 GMT)

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