Dow Jones Top Markets Headlines at 11 AM ET: U.S. Stocks Rise With Potential Iran Deal in Focus | Japan ...
U.S. Stocks Rise With Potential Iran Deal in Focus
U.S. stocks were headed for another month of strong gains, with the Nasdaq composite on track for its largest two-month percentage gain since April 2009.
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Japan Confirms Yen Intervention Over Past Month, Spending Record Sum
Japan spent more than $73 billion between April 28 and May 27 to lift its currency relative to the dollar.
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Canada's Economy Contracts for a Second Straight Quarter
Canada's economy unexpectedly shrank for a second consecutive quarter as imports jumped while exports faltered, and as weakness in business and government investment balanced higher household spending.
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China Threatens to Launch Trade Probes Against the European Union
Beijing threatened to launch trade probes against the European Union if the 27-member bloc pushes ahead with a proposal to curb imports of heavily subsidized foreign products.
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Fed's Bowman Wary of Reacting to Short-Term Energy Inflation
Fed governor Michelle Bowman said reacting to temporarily elevated energy-price inflation would add unwarranted policy restraint, weighing unnecessarily on economic activity and labor-market conditions.
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Chicago Business Activity Surges in May
The Chicago Business Barometer, compiled by MNI Indicators, rose to 62.7 in May from 49.2, a level of contraction in April.
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French Inflation Rises to More-Than Two-Year High as Energy Costs Intensify
The result puts the European Central Bank on course to raise interest rates for the first time since 2023 when it next meets in June.
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BOE Can Tolerate Inflation That Is Temporarily Above Target, Gov. Bailey Says
Bailey also said the central bank had already tightened its policy, and that interest rates on new mortgage loans have risen.
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AI Has Made Memory Chips More Valuable Than Oil
Micron, Samsung and SK Hynix are cheap despite their $1 trillion valuations if long-term contracts stabilize the sector.
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Aluminum Squeeze Might Get Worse Yet
Aluminum prices haven't risen as much as crude oil, liquefied natural gas or fertilizer since the Middle East conflict began, but some industry experts warn its rally is far from done.
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The Record Divide Between Corporate Profits and Worker Pay
Labor's share of economic output just hit an all-time low, while the profit share neared a record. It helps explain why consumers feel so glum.
(END) Dow Jones Newswires
May 29, 2026 11:15 ET (15:15 GMT)
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