News Highlights: Top Global Markets News of the Day – Thursday at 3 AM ET

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Stocks Rise After Fed Holds Rates Steady and U.S. Prepares for China Talks 
 

The Dow industrials add nearly 300 points, pushed higher by a rally in Disney stock.

 
Trump to Announce Trade-Deal Framework With Britain 
 

The deal, which would be the president’s first in his second term, is expected to be a framework of an agreement with tariff adjustments.

 
U.S. to Overhaul Curbs on AI Chip Exports After Industry Backlash 
 

A rule limiting many countries’ access to American technology was set to take effect May 15.

 
Why the Fed Isn't Ready to Join Other Central Banks in Cutting Rates 
 

The U.S. faces risks of higher inflation and unemployment. Countries without tax hikes on imports are focused on the hit to growth.

 
German Industrial Production Climbed in March Ahead of Tariff Turbulence 
 

Output grew 3% on month in March, helped by U.S. firms stockpiling imported goods as they prepared for the Trump administration’s tariffs.

 
Fentanyl Crisis Provided Opening for U.S.-China Trade Talks 
 

A planned meeting in Switzerland will be the first direct talks over trade during Trump’s second term.

 
A currency-market 'avalanche' is heading for the U.S. dollar, and the tremors started this week 
 

Investors are right to be concerned that the wild swings in the global currency market seen over the past few days could portend more pain for the U.S. dollar, one market veteran said.

 
The Fed's Next Move Depends on Tariffs. It Could Take a While. 
 

President Donald Trump’s sweeping tariffs have clouded the central bank’s economic outlook, leaving it in wait-and-see mode.

 
Fed Warns of Rising Economic Risks as It Leaves Rates Steady 
 

Officials are puzzling over whether to focus on the risks of higher prices or weaker hiring

 
BOE Set to Cut Interest Rates Again. Why the Fed Is Lagging Further Behind the U.K. 
 

President Donald Trump’s widespread tariffs have increased uncertainty about the outlook across the globe, and BOE officials say that’s more likely to bring inflation rates down rather than push them up.

 
 

(END) Dow Jones Newswires

May 08, 2025 03:15 ET (07:15 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.



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