Dow Jones Top Markets Headlines at 3 AM ET: Oil Prices Roar Back, Threatening Economy and GOP's Midterm Hopes | Trump ...

Oil Prices Roar Back, Threatening Economy and GOP's Midterm Hopes

As the global benchmark topped $100, stocks slumped and Treasury yields hit their highest levels of President Trump's second term.

----

Trump Unveils New Tariffs Designed to Withstand Legal Scrutiny

The new duties, ranging from 10% to 12.5%, will replace a temporary tariff put in place after the Supreme Court derailed Trump's trade agenda in February.

----

The Houthis Have Opened a New Front in the U.S.-Iran War

The Yemeni militants have set up a standoff in one of the world's most vital waterways with its threats against Red Sea oil shipments.

----

German Consumer Sentiment Weighed by War Uncertainty

Confidence weakened a little after oil prices rose, and with the conflict in the Middle East continuing to escalate, households' wariness about spending could harden in the months ahead.

----

Why the U.K.'s New Prime Minister Must Keep the Market Happy

Reviving the U.K. economy should be one of Andy Burnham's top priorities, but he won't last long if he can't win over investors.

----

Investors Zero In on Runaway Tech Spending, Putting Dent in AI Trade

Concerns about artificial-intelligence spending shaved roughly $890 billion in market value from the Magnificent Seven on Thursday.

----

South Korea Fast-Tracks New Rule for Leveraged ETFs to Curb Market Swings

The country's Financial Services Commission said it will bring forward the introduction of the cash deposit rule to the end of July from August.

----

Japan Consumer Inflation Picks Up, Keeping Rate Increases on Track

Consumer prices are likely to continue facing mixed cues, including the Middle East conflict and a weak yen.

----

Big Banks Are Wading Back Into Commercial Real-Estate Lending

Lenders had shunned the category just a few years ago, with investors and analysts warning of a wave of defaults.

----

Mortgage Rates Hit Highest Levels in Nearly a Year

Rising oil prices helped push the 30-year fixed rate to 6.58%.

----

U.K. Consumer Confidence Jumps Amid 'Burnham Bounce'

The rise in sentiment was driven largely by perceptions of the economy, with a jump in how consumers view the past year as well as the next 12 months.

----

Justice Department to Speed Up Merger Reviews by Asking Less of Companies

Antitrust enforcers will identify some deals for narrower investigations that could close sooner.

----

U.S. Jobless Claims Unexpectedly Drop Again for the Week

The number of people who filed for unemployment benefits was 187,000 in the week through July 18, 22,000 fewer than the upwardly revised 209,000 reported a week earlier, the Labor Department said.

----

Reigniting Inflation Heaps Pressure on European Central Bank

The central bank held rates steady, but could resume hiking as surging oil prices threaten to drive inflation and bond yields higher.

(END) Dow Jones Newswires

July 24, 2026 03:00 ET (07:00 GMT)