Dow Jones Top Markets Headlines at 5 PM ET: The rise in interest rates hit a 'raw nerve' at the White House. Bessent's plan has analysts on edge. | U.S. ...
Dow Jones2026/08/20 21:00The rise in interest rates hit a 'raw nerve' at the White House. Bessent's plan has analysts on edge.
U.S. Treasury Secretary Scott Bessent doubled down on his department's intervention in the bond market, saying the Treasury could make additional moves and that its buybacks may be bigger than what was initially announced.
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U.S. Stocks Slide as Bond Yields Rebound
U.S. stocks fell as the brief calm in the bond market evaporated.
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Trump Threatens Iran With 'Economic D-Day'
As the war nears its six-month point, the president says he would unleash the "most crushing economic operation ever taken."
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Oil prices jump after Trump declares economic war on Iran
President Donald Trump said in a post on Truth Social that any country supporting Iran's economy would face "tremendous economic consequences."
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Canada Trade Official Says Tariff Deal With U.S. 'Very Close'
Dominic LeBlanc, Canada's minister in charge of U.S. trade, said Ottawa and Washington are "very close" to finalizing an agreement.
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Crypto Stocks Continue to Surge After Upbeat White House Meeting
President Trump reaffirmed support for the Clarity Act, which would allow for greater integration of Bitcoin and its peers into the U.S. economy if passed.
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U.S. Leading Indicators Ticked Up in July
The Conference Board's Leading Economic Index rose by 0.2% to 99.5, indicating that moderate growth could be coming.
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Canada Producer Prices Rise in July, Buoyed by Gas and Diesel
Canadian manufactured goods prices rose again last month, driven higher by a jump in fuel costs with a resumption of the conflict in the Middle East.
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Treasury Buyback Only Briefly Tames Yields
Market relief at the unexpected intervention proved short-lived as concerns remain about high levels of debt and government spending, analysts said.
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U.S. Jobless Claims Pull Back After Recent Run-Up
The number of people who filed for unemployment benefits was 206,000 in the week through Aug. 15, 6,000 lower than the upwardly revised 212,000 reported a week earlier.
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Philadelphia Area Manufacturing Activity Continued to Expand in August
The reserve bank's manufacturing business outlook survey showed that the current-activity index rose to 47.4 in August from 41.4 in July.
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Kevin Warsh in Economic Hot Seat at Jackson Hole
The new Federal Reserve chairman is expected to address inflation fears, interest rates, and how the central bank communicates with investors.
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Sweden's Central Bank Holds Key Rate and Still Sees Chance of a Hike Later This Year
Riksbank policymakers have held rates steady for seven consecutive meetings, adopting a wait-and-see stance to monitor inflation and economic developments.
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Low Rhine Water Levels to Slow German Economy, Bundesbank Says
Limited usable transport routes on major rivers and sharply rising transport costs were likely to significantly impair industrial production and export growth, according to the central bank.
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Red-Hot Rivals: How Chinese Tech IPOs Are Crushing America's Biggest Debuts
It's virtually impossible for U.S. investors to buy into Chinese IPOs, though some U.S. ETFs own shares.
(END) Dow Jones Newswires
August 20, 2026 17:00 ET (21:00 GMT)
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