Dow Jones Top Markets Headlines at 1 PM ET: U.S. Services-Sector Activity Expanded Again in August | U.S. ...
U.S. Services-Sector Activity Expanded Again in August
The Institute for Supply Management's purchasing managers index for services providers was 55.4 in August compared with 54.1 in July.
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U.S. Stocks Rise, Treasury Yields Retreat on Waller's Rate Comments
U.S. stocks rose after Fed Governor Christopher Waller said he would support holding interest rates steady if August inflation data supports it.
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U.S. Failed to Give Assurances on Tariff Levels, Canada's Carney Says
Any trade pact Canada strikes with the U.S. must ensure that agreed-upon tariff levels on certain goods would not be subject to change, Prime Minister Mark Carneys said.
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Fed's Waller Hints at September Rate Pause-If August Inflation Plays Along
Waller said that while inflation is still "meaningfully" above the Fed's 2% target, he's seeing signs of cooling in the recent data.
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U.S. Trade Deficit Widened in July
U.S. imports were higher than exports by $88.6 billion, versus $71.2 billion in June. Analysts polled were expecting a $90 billion deficit.
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U.S. Jobless Claims Ticked Back Up Last Week
U.S. jobless claims swung upward again somewhat last week but were generally flat as job creation slows. The number of people who filed for unemployment benefits was 206,000.
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Global Bond Markets Take a Breather
Government bond yields fell amid cooling expectations of an interest rate increase by the U.S. Federal Reserve, but the selloff in bonds might not be over.
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BOE's Chief Economist Sees Need for Rate Rise as War's Course Remains Uncertain
The Bank of England should raise its key interest rate to limit the risk that inflation will stay above its target for a prolonged period, Chief Economist Huw Pill said.
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El Nino Is Yet to Peak, Bringing Heat and Agricultural Damage in Tow, UN Says
This year's El Nino is on track to be the strongest in at least 70 years, further increasing the likelihood of widescale disruption to global agricultural markets.
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Netherlands Moves Gold From New York to London, Citing Geopolitical Unrest
The Dutch central bank said shifting the 78 metric tons of gold, worth $11 billion, would improve its ability to trade the metal in a pinch.
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Japanese Yen Strengthens Amid Intervention Chatter
The Japanese yen strengthened to a one-month high against the dollar, amid chatter that authorities could again intervene in foreign-exchange markets.
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Germany's Ifo Institute Revises Up Growth Estimates
Healthy exports and rising public investment lifted expectations for the country's economic growth this year, and the institute now expects 2027 growth at 1.2%, compared with 0.8% it predicted in June.
(END) Dow Jones Newswires
September 03, 2026 13:00 ET (17:00 GMT)
