Dow Jones Top Markets Headlines at 3 PM ET: U.S. Economic Growth Slowed to 1.5% in Second Quarter | Fed's ...

U.S. Economic Growth Slowed to 1.5% in Second Quarter

U.S. gross domestic product rose at a 1.5% annual rate in the second quarter, falling short of economists' expectations.

----

Fed's Preferred Inflation Index Cooled but Remained Elevated in June

The price index of personal-consumption expenditures cooled in June but remains well above the Fed's 2% target.

----

Nasdaq Leads Major U.S. Stock Indexes Higher

U.S. stocks bounced back, with the Nasdaq composite gaining more than 2% as chip stocks rebounded and Microsoft shares surged.

----

Diesel Back in Spotlight as Middle East Conflict Escalates

A global shortage of diesel, made worse by Ukrainian attacks on Russian refineries and lower Chinese refinery runs, has kept prices rising with implications for economies and inflation.

----

Iran War Piles on Inflation Pressure But BOE Follows the Fed

U.K. inflation slid to 2.6% in June due to lower energy and food costs.

----

Japanese Yen Jumps to 2-Month High Versus Dollar in Possible Intervention

Recent gains for the yen raise the prospect that the Japanese government has intervened to prop up the currency after officials stepped up verbal warnings against speculative moves that threaten to accelerate inflation in Japan.

----

Mortgage Rates Jump to a One-Year High

Four straight weeks of rising mortgage rates pushed the 30-year borrowing rate this week to 6.66%.

----

U.S. Jobless Claims Rebound After Streak of Declines

The number of people who filed for unemployment benefits was 197,000 in the week through July 25, 9,000 higher than the upwardly revised 188,000 reported a week earlier, the Labor Department said.

----

Mexican Economy Bounces Back in Second Quarter

The country's GDP rose 1.5% from the previous quarter in seasonally adjusted terms, marking the biggest expansion since the fourth quarter of 2020.

----

Eurozone Economy Outpaces U.S. Despite Iran War Uncertainty

Economies across the eurozone have proved more resilient than feared in the face of continued supply-chain disruptions and higher energy prices.

----

China Signals Little Appetite for Major Stimulus Despite Growth Headwinds

China's top leaders signaled little appetite for major stimulus in the second half of the year despite mounting domestic headwinds.

----

Why Higher Tariffs Are Becoming the New Normal for Business

Many executives expect duties to outlast the Trump administration, warning the next president might find it hard to backtrack.

----

U.S. Retaliates Against Iran for Tuesday's Surprise Attack

President Trump had vowed earlier to strike Iran for a missile attack on U.S. forces in Jordan.

----

EU Opens Call for Creation of Local AI Gigafactories

The tender will support up to seven AI facilities in an effort to build out the bloc's tech capabilities.

----

Treasury Yields Soar as Market Struggles to Interpret Fed

The 30-year U.S. Treasury yield rose to a 19-year high after the Fed kept interest rates on hold, but left the market pondering about its future path.

(END) Dow Jones Newswires

July 30, 2026 15:15 ET (19:15 GMT)