Shares are mixed in Asia as world markets gear up for the Federal Reserve's most anticipated meeting in years.

Asian markets are trading sharply lower after Wall Street tumbled as it focused on the downside of a surprisingly strong job market: the likelihood that interest rates will stay high.

Shares are mixed in Asia after the rally on Wall Street fizzled with big declines for Tesla, Netflix and other big tech-oriented stocks.

Morning 4 is a quick roundup of stories we think you should know about to start your day.

Materials science company Dow is cutting about 2,000 jobs, or approximately 5% of its global workforce, as part of an effort to reach $1 billion in cost savings this year.

There have been great swings in the stock market over the past year and the Dow is down about 5% since the beginning of the year.

Stocks are off to a higher start on Wall Street Monday led by more gains in big tech companies.

Asian shares are mixed after a late-in-the-day wave of buying pushed the S&P 500 to a fresh record high.

Businesses are rethinking political contributions in the wake of the deadly Capitol siege by President Donald Trumps supporters on Wednesday, Jan. 6, 2021. Citigroup confirmed Sunday, Jan. 10, 2021, that it is pausing all federal political donations for the first three months of the year. Outside conservative groups, including those affiliated with Republican leadership, were the ones who dropped the lion's share of money that helped him oust former Democratic Sen. Claire McCaskill. Leading business groups such as the National Association of Manufacturers, the Business Roundtable and the U.S. Chamber of Commerce all condemned the insurrection. “There was no big public push or pressure to get Marriott and others to announce they would no longer make campaign contributions.

NEW YORK – Retail sales in the U.S. grew a sluggish 0.3% in October, even as retailers offered early holiday discounts online and in stores. Economists had expected sales to rise 0.5%, already a significant tail off from September's gain of 1.6%. Sales rose at home and garden stores, electronics and appliance stores, and online retailers. Nationwide, spending fell to 7.4% below a year ago, JPMorgan said, a drop of about 2.5 percentage points from two weeks earlier. Yet at clothing stores and sporting good shops, sales fell more than 4%.

Despite the rally, the S&P 500 still posted its fourth straight weekly loss, extending Wall Street's September swoon. The S&P 500 rose 1.6% after flip-flopping between small gains and losses a few times in the early going. The S&P 500 came within striking distance of a 10% drop from its all-time high earlier this week, what Wall Street calls a correction. The S&P 500 rose 51.87 points to 3,298.46. Norwegian Cruise Line notched the biggest gain in the S&P 500, vaulting 13.7%.

AMC Theaters eying bankruptcy, stocks end week on high notePublished: April 10, 2020, 7:54 amAMC closed its doors nationwide amid the coronavirus pandemic, but bankruptcy now a possibility for the movie theater chain.

The world’s brightest spot may have been Japan, where the central bank announced more stimulus for the economy, and stocks still lost 2.5%. The spreading coronavirus is causing businesses around the world to shut their doors, which is draining away revenue. The S&P 500 fell more than 8% within the first few minutes of trading, enough to trigger a 15-minute halt to trading. Many investors expect markets to remain volatile until the number of new infections stops accelerating. They’re hopeful that big spending programs from the U.S. government can help carry the economy in the meanwhile.

Worries are rising that the White House and other authorities around the world can’t or won’t do what’s needed to help soon. The S&P 500 dropped about 7% within the first few minutes of Thursday’s trading, steep enough to trigger an automatic halt to trading on the New York Stock Exchange. European stocks tumbled 8%, even after the European Central Bank pledged to buy more bonds and offer more help for the economy. In Thailand and the Philippines, stocks fell so fast that trading was temporarily halted. Treasury yields, which were one of the first markets to sound the alarm on the economic risks of the virus, fell in morning trading.

DETROIT – The stock market took hits Monday, but there is gain among those losses. Stocks had their worst day since the 2008 shutdown, fueled by coronavirus fears and a fall in oil prices. MORE: Dow drops 7.8% as free-fall in oil, virus fears slam marketsWhile the market is feeling pain, there’s some benefits consumers can expect as a result. Right now, the 30-year fixed rate is 3.15 percent. The 15-year fixed rate is 2.8 percent.

DETROIT Dow Chemical Co. and government officials have reached an estimated $77 million settlement to compensate for pollution by its plant in Midland, Michigan. The Dow plant released dioxins and other hazardous substances into rivers and their watersheds for decades after opening in 1897. They prompted warnings about touching soil and eating wild game and fish in some areas. Under the deal, Dow will fund fish spawning and habitat improvements; restoration of thousands of acres (hectares) of wetlands and other wildlife living spaces; and creation of public nature areas. The settlement is separate from an ongoing Dow-funded cleanup of dioxin contamination along the Tittabawassee and Saginaw rivers and Lake Hurons Saginaw Bay

A Boeing 737 MAX 8 airliner lifts off for its first flight in Renton, Washington. CHICAGO - US stocks closed higher Monday, but the rally would have been even stronger if it hadn't been for Boeing, whose falling shares held back the Dow. Boeing shares closed down nearly 4%, which translates into a nearly 13 point drag on the Dow. While the troubled company wasn't the only Dow stock in the red, it weighed on the index the most heavily. After those reports surfaced, Boeing stock dragged the Dow lower, and the index closed down more than 250 points.

Scott Olson/Getty Images(CNN) - The Dow dropped some 200 points Friday, following a sharp drop in Boeing's shares. Boeing shares traded down 3.3%. The Dow dropped nearly 200 points, or 0.7%, while the broader S&P 500 was down 0.6%. The tech-heavy Nasdaq Composite is 1.2% lower. The-CNN-Wire & 2019 Cable News Network, Inc., a Time Warner Company.

Blockbuster earnings from the likes of JPMorgan Chase and UnitedHealth sent the Dow climbing more than 250 points, or roughly 1%, in afternoon trading. After weeks of trying to decipher the latest developments in the trade war, the start of earnings season has allowed investors to refocus on the fundamentals. The IMF on Tuesday cut its 2019 global growth forecast, calling for the weakest pace since the financial crisis. However, the big banks on the front lines of America's economy reported mostly upbeat results on Tuesday. The Wall Street firm was hurt by slowdowns in M&A and the trouble in the IPO market.

The Trump-Liu meeting is spurring hopes for at least a partial trade deal between the world's two largest economies. Dow futures are up 1%, or 260 points. Elsewhere in commodity markets, oil prices are sharply higher after an Iranian oil tanker was hit by two missiles in the Middle East. Geopolitical tensions in the oil-rich region are pushing prices higher on Friday. U.S. oil prices are up 1.3% at $54.23 a barrel, while the international benchmark, Brent crude, is up 1.3% at $59.88 a barrel.

Eduardo Munoz Alvarez/Getty Images(CNN) - The Dow and broader stock market are set to slide at Tuesday's open as worries about trade tensions between the United States and China are weighing on the market. American and Chinese officials are returning to the negotiating table this week in Washington, but investors are pessimistic about their chances of reaching a deal. Overshadowing the get-together in Washington is a blacklist of 28 Chinese organizations. America has effectively barred those blacklisted companies from importing U.S. technology because of their alleged roles in facilitating human rights abuses in China's Xinjiang region. Futures for the Dow are down 0.7%, implying a nearly 200-point drop at the open.

Drew Angerer/Getty Images(CNN) - The Dow and the S&P 500 were set Friday to record their worst week in nearly two months. US stock futures were lower following the September jobs report, which showed that 136,000 jobs were added to the economy, about in line with what was expected. Dow, S&P 500 and Nasdaq Composite futures were flat. Stocks are on track to finish the week deep in the red; it promises to be the worst week for the Dow and the S&P since the start of August, according to Refinitiv. Data showed the manufacturing sector contracted in September, the second month in a row.

Drew Angerer/Getty Images(CNN) - The Dow is set to open lower once again on Thursday following a two-day selloff in which the Dow fell more than 800 points. The Dow and the S&P 500 ended the third quarter modestly higher but have erased those gains in just a couple days. Dow futures are down 40 points, or 0.1%. Thursday's economic data includes a look at America's services sector, with the Institute of Supply Management's non-manufacturing index and the Markit services PMI. So far, manufacturing has been the sector hit hardest by the ongoing trade war with China and slowing global demand.

Worries about the health of the U.S. economy have gripped investors after a worse-than-expected report on America's manufacturing sector threw markets Tuesday. The Dow and the S&P 500 recorded their worst day in more than five weeks in response, and Wednesday isn't shaping up to be any better. The Dow traded down 500 points lower, down 2%. The S&P 500 was also down 1.9%, while the Nasdaq Composite fell 1.75%. Tuesday's report by the Institute of Supply Management showed America's manufacturing sector contracted for a second month in a row in September.

Spencer Platt/Getty Images(CNN) - The Dow and the broader U.S. stock market are set to start the fourth quarter off higher. American and Chinese officials are expected to meet in for the next round of trade talks in the first half of October. Stocks are on track to add to Monday's gains, and futures are pointing at a modestly higher open. Dow futures are up some 85 points, or 0.3%. Both the Dow and the S&P were 1.6% from their all-time closing high at Monday's close.

Spencer Platt/Getty Images(CNN) - The Dow and U.S. stocks, which rallied at the start of 2019, were set to close the third quarter on a flat note. Stocks opened modestly higher on Monday but have been on a downward trend. The major indexes just recorded two down weeks in a row, and the Nasdaq Composite is on track to finish the quarter in the red. Chinese officials are expected in Washington in early October for the next round of trade talks, but investors are wary. For the quarter, Dow rose a modest 1.1%, after rising 2.6% in the prior quarter and 11% in the first three months of 2019.

Spencer Platt/Getty Images(CNN) - The Dow and the U.S. stock market aimed for their second day of gains on Thursday, as hopes for a trade deal with China continue to carry equities higher. The market shrugged off the drama surrounding the impeachment inquiry into President Donald Trump so far. European markets are up and U.S. stock futures are modestly higher. Dow futures were more than 40 points, or 0.2% higher, while the S&P 500 futures were up 0.1%. Stocks bounced higher after Trump said Wednesday a trade deal with China could happen soon.

Andrew Burton/Getty Images(CNN) - The Dow and the broader stock market are set to climb higher Tuesday. Even so, major indexes remain out of reach for their July record closing highs. Dow futures were up more than 90 points, or 0.3%, while those for the S&P 500 and Nasdaq Composite were up 0.4%. The Dow was 1.5% away from its all-time closing high at Monday's close, while the S&P sat 1.1% below its own record, according to Refintiv. The S&P Case-Shiller home price index and the Federal Housing Finance Agency house price index are both due at 9 am ET.

Spencer Platt/Getty Images(CNN) - The Dow and U.S. stock futures are pointing to a mixed open following weaker-than-expected economic data in Europe and renewed fears about the trade war. The manufacturing PMI showed a worse-than-expected contraction. In Germany, Europe's biggest economy, the manufacturing sector contracted too. Bond prices rose and yields slipped, with the 10-year Treasury yield at 1.697%. Gold prices rose, climbing 0.8% to $1,519 an ounce.

Drew Angerer/Getty Images(CNN) - Dow futures were pointing at a slightly higher open as investors come to grips with the Federal Reserve forecasting no further interest rate cuts this year. At Wednesday's policy meeting, the central bank cut rates by a quarter percentage point, marking their second cut in a row. However, the Fed's dot plot the average expectation of future interest rates doesn't foresee another rate cut this year or in 2020. Market expectations for a rate cut in October are below 50%, but for the December meeting, they are at more than 60%, according to the CME's FedWatch Tool. The oil market pendulum continues to swing: Thursday's oil prices were up again, rising about 2%.

Traders work on the floor of the New York Stock Exchange (NYSE)(CNN) - The Dow and U.S. financial markets calmed down after Monday's oil price surge that sent shock waves around the world. Oil prices came off Monday's highs on Tuesday, with U.S. oil down 1.6% at $61.90 per barrel. But Tuesday's sharp pullback in oil prices made merely a dent in the rally investors witnessed at the start of the week. U.S. oil prices shot up 14.7% Monday, and Brent climbed 14.6%. A rally in energy stocks following the oil price jump wasn't enough to keep stocks from sliding.

The S&P 500 was within striking distance of a new all-time high while the Dow is inching closer to a record as well. It's been a stellar week for stocks, thanks to the US and China extending olive branches to one another. Earlier this week, China agreed to exempt shrimp, cancer drugs, pesticides and more than a dozen other products from tariffs. The Dow is up nearly 1.5% so far this week and is on track for its third consecutive weekly gain. The S&P 500 and Nasdaq have each risen more than 1% this week and are also on pace for a third straight weekly win.

Spencer Platt/Getty Images(CNN) - The Dow could hit a seventh day of gains in a row Thursday, as stock futures are bouncing higher after the United States said it would delay some tariffs on Chinese imports. Futures are higher across the board. Dow futures are up some 50 points, or 0.2%, and those for the S&P 500 are up 0.2%. If the Dow ends in the green, it will have risen for seven days in a row, its longest winning streak since early May, according to Refinitiv. Earlier Wednesday, China waived import tariffs on some U.S. goods.

Traders work at the New York Stock Exchange (NYSE) on in New York City. (CNN) - The Dow and U.S. stocks are set to slide in another sluggish session as investors are awaiting inflation data and the European Central Bank's policy update later in the week. U.S. stock futures are lower across the board, with Dow futures off 30 points or 0.1%. The index would snap a four-day win streak should it end the day in negative territory. Futures for the S&P 500 are down 0.2% and those for the Nasdaq Composite are down 0.4%.

The broadly positive sentiment from late last week is carrying over into the new week and stock futures are higher across the board. Futures for the Dow and the Nasdaq Composite are up 0.2%, while those for the S&P 500 are up 0.3%. The US economy has been carried by consumers, but recent data shows that the trade war is beginning to weigh on people's minds. The trade war also showed up in Chinese economic data. Beijing reported some worse-than-expected trade trade for August, showing its trade surplus dropping and exports to the United States lower.

Investors remain cautiously optimistic ahead of the August jobs report. Futures are pointing to a higher market ope: Dow futures areup more 100 points, or 0.4%. Futures for the S&P 500 are up 0.4%, while Nasdaq Composite futures are trading 0.3% higher. Investors will also be focused on wage growth, with an eye on any signals for a rebound in inflation. A hot jobs report with strong wage growth numbers could knock expectations for a cut, and weigh on stocks.

Traders and financial professionals work on the floor of the New York Stock Exchange (NYSE)(CNN) - The Dow and the broader stock market are on track to log another day of gains on Thursday after U.S. and Chinese officials said they will resume trade talks. The escalating tensions between the world's two largest economies has weighed on markets throughout the summer. But the new talks, on the agenda for early October, are spurring optimism. The bottom line is that stocks need earnings growth to move forward, and you can't get that without progress on U.S.-China trade," Young said. Investors are also gearing up for Friday's U.S. jobs report, which is expected to show some weakness thanks to the summer lull and the trade war.

US stocks opened lower across the board, with the Dow sharply down, shedding more than 400 points. US manufacturing has been hurting because of the trade war and a global economic slowdown. China meanwhile filed a complaint against the United States with the World Trade Organization, according to multiple news reports. The United States delayed he implementation of about half of these consumer goods tariffs until December 15, aiming not to disrupt holiday shopping too much. One way or another, American consumers' worries about the trade war are beginning to crop up in economic data and will be a closely watching part of the data going forward.

Eduardo Munoz Alvarez/Getty Images(CNN) - The Dow and the broader stock market are on track for a third day of gains in a row Friday, promising to make it the best week since early June. But the key for the market will be if gains can sticks around next month. On the last trading day in August, stocks are on track to log their second-worst month of the year. Trade tariffs, retaliation, harsh rhetoric and recession warnings flashing from the bond market dominated the market this month. On the back of this, Aug. 5 became the worst day of the year for stocks.

Spencer Platt/Getty Images(CNN) - The Dow and the broader U.S. stock market are set to open sharply higher Thursday, buoyed by hopes that trade tensions between the United States and China could ease. China is also willing to resolve the trade dispute "with a calm attitude," said Gao Feng, spokesperson for China's ministry of commerce Thursday, according to multiple reports. On the economic data front, the second reading of second-quarter U.S. GDP is due at 8:30 am ET. Economic growth is expected to be revised down to 2%, from 2.1% at the first reading last month, according to Refinitiv. Jobless claims and trade data for July are also due at 8:30 am ET.

Spencer Platt/Getty Images(CNN) - The Dow is looking to add on from Monday's sharp gains, but a day after optimism over progress in the U.S.-China trade spat pushed stocks higher, the stock market seems quieter. Futures for the Dow are a modest 0.1% higher, while those for the S&P 500 and Nasdaq Composite are up 0.2% and 0.3%, respectively. "Hope triumphed over realism yesterday, and realism is fighting back," today, wrote Marc Chandler, chief market strategist at Bannockburn Global Forex. Stocks rallied in response, retracing some of the losses they had incurred on Friday when the trade spat escalated. With three trading days left in the month of August, the Dow is on pace for a more-than-3.5% drop.

Corporate insiders have sold an average of $600 million of stock per day in August, according to TrimTabs Investment Research, which tracks stock market liquidity. August is on track to be the fifth month of the year in which insider selling tops $10 billion. Investors often view insider buying and selling transactions performed by top executives, leading shareholders and directors as a signal of confidence. But Nicholas Colas, co-founder of DataTrek Research, noted insider selling is not always a helpful indicator at a high level. Completed buybacks by S&P 500 companies declined 13% during the second quarter to $165.7 billion, according to S&P Dow Jones Indices.

Traders work at the New York Stock Exchange (NYSE) on in New York City. (CNN) - Dow futures bounced higher Monday, reversing course from Friday's selloff after President Donald Trump said China wants to get back to the negotiating table. Futures for the Dow are up 250 points, while those for the S&P 500 and the Nasdaq Composite are up 0.6% and 0.7%, respectively. The trade spat between the world's two largest economies escalated Friday, when China announced new tariffs on $75 billion worth of US imports. Despite the trade war tensions, one economic indicator showed the U.S. economy remains resilient: Durable goods orders for July climbed 2.1% on the month, much more than expected.

CNN VideoWASHINGTON (CNN) - President Donald Trump on Friday counterpunched against retaliatory tariffs announced by Beijing earlier in the day, pledging to hike the rates importers must pay on Chinese-made goods even higher. Trump said the US will raise tariffs from 25% to 30% on $250 billion in goods that are already being taxed starting October 1. He also threatened to ratchet up promised tariffs on the remaining $300 billion in Chinese imports from 10% to 15%. The President's announcement came after Beijing unveiled a new round of retaliatory tariffs on about $75 billion worth of US goods. China trade experts said the moves will only deepen the impasse between Washington and Beijing.

The trade news was overshadowing the annual Federal Reserve symposium in Jackson Hole, at which Fed Chairman Jerome Powell will give a highly anticipated speech at 10 a.m. Stock futures, which were initially up, dropped on the reports of Chinese tariffs, with futures for the Dow down 0.3%, and those for the S&P 500 and the Nasdaq Composite, down 0.3% and 0.4%, respectively. The Chinese tariffs will impact $75 billion worth of US goods and range from 5% to 10%, according to multiple news reports. Prior to the tariff news, St. Louis Fed President James Bullard talked monetary policy as the day in Jackson Hole is getting under way. Bullard spoke out in favor of interest rate cuts on CNBC given the recent inversion of the Treasury yield curve.

The 2-year and 10-year Treasury yields inverted just before Wednesday's closing bell. Bond yields rose Thursday morning, easing investors' attention. The minutes of the Fed's July meeting showed that the Fed saw the July rate cut as an adjustment and wants to keep its options open for future rate cuts. The July rate cut was the first since 2008. So far, expectations for a September rate cut are still at roughly 94%, slightly lower than on Wednesday.

Futures of the Dow are up 0.6%, while those of the S&P 500 and the Nasdaq Composite are both 0.7% higher. All three indexes finished lower on Tuesday, with the Dow and the S&P breaking a three-day winning streak. During the July meeting, the Fed cut interest rates for the first time since 2008,Since the rate cut, Fed policymakers have given few public statements. That shift in sentiment is helping boost riskier assets like stocks and is leading the 10-year Treasury yield higher. Adding to the hopes of monetary policy sentiment, President Donald Trump said Tuesday that his administration was looking at additional tax cuts.

Spencer Platt/Getty Images(CNN) - Dow futures soared Monday as investors grew increasingly optimistic about a potential resolution to the trade war and a limit to its economic fallout. He also tried to tamp down recession fears, tweeting that an end of the trade war would help boost the U.S. economy. Also boosting stocks was China's response to its slowing economy, which has been rocked by the trade war. Dow futures were up 300 points. Stock traders focused on the White House's rosy view of the future -- and not economists' increasingly negative outlook.

NEW YORK - It was far from the dog days of summer on Wall Street this past week. Monday, August 12The wild ride begins Monday after the Dow closes nearly 400 points lower, or 1.5%. The 10-year Treasury yield and 30-year Treasury yield starts to decline. The Dow close nearly 400 points higher, with the Nasdaq rising by 2% and the S&P up 1.5%. Friday, August 16The Dow ends 307 points higher, or 1.2%.

Spencer Platt/Getty Images(CNN) - Dow futures are soaring, as investors look to cap off a wild week for Wall Street on a high note. S&P 500 futures rose 0.9% and Nasdaq futures were up 1.1%. The Dow closed 100 points higher in a wacky session Thursday, as conflicting signals in the economy confused investors. The Dow rose nearly 400 points after the Trump administration delayed some tariffs on tech products. But the Dow fell 400 points Monday in an end-of-day rout as investors feared an escalation in the trade war.

CNN Money(CNN) - Fresh off Wall Street's worst day of the year, Walmart calmed investors worried the U.S. economy could fall into a recession. Walmart, a Dow stock and bellwether of consumer spending, said Thursday that sales at its jumbo-size U.S. stores increased 2.8% during its most recent quarter compared with the same period a year ago. Walmart also raised its guidance for the remainder of the year, signaling optimism about the strength of its business. "Our customers' economic health remains solid and our competitive position is strong," Walmart CFO Brett Biggs said in prepared comments Thursday. Shares of Walmart gained close to 6% during pre-market trading and helped stabilize Dow futures.

Photo Illustration/Shutterstock/CNNMoney(CNN) - Dow futures turned negative Thursday after China threatened yet another escalation in its trade war with the United States. Dow futures are pointing to a 200-point loss at the open. Dow futures had been up about 200 points and gave up all their gains, and then some. More signs of the global economic slowdown emerged Thursday, as China injected $2.4 billion in stimulus into the Hong Kong economy, according to Bloomberg. The airport the only way in or out of Hong Kong has been shut down after protesters barricaded themselves inside.

Here's what happened: The 10-year Treasury bond yield fell to 1.627% Wednesday morning, below the 1.632% yield of the 2-year Treasury bond. It marked the first time since 2007 that 10-year bond yields fell below 2-year yields. US stock futures fell as investors sold stock in companies and moved it into bonds. The 30-year Treasury yield fell to 2.06%, the lowest rate on record. But Wednesday marked the first time in over a decade that the "main" yield curve the 2-year / 10-year ratio had inverted.

(CNN) - Stocks rose just after the opening bell Tuesday, erasing an early deficit after the U.S. government reported a bigger uptick in a key measure of consumer prices than expected. The Dow was up more than 100 points in early trading following Monday's nearly 400-point drop. The return of market volatility in recent weeks is unnerving investors, especially those looking to save for retirement. That's especially the case since stocks have been the only game in town for conservative investors. Yields in the UK are near zero as well while long-term rates in Japan and much of Europe are now in negative territory.

NEW YORK (CNN) - Wall Street's trade war anxiety isn't going away. The selling comes as investors brace for the US-China trade war to deal more damage to the global economy. Goldman Sachs raised its estimate of how much the trade war will hurt the economy. Investor sentiment was further dented on Monday by rising concerns about the pro-democracy protests in Hong Kong. The iShares MSCI Hong Kong ETF tumbled 3% on Monday, leaving the fund down 13% so far this quarter.

Weakness in the European economy and a still-escalating trade war sent bond yields down once again and stocks along with them. The Dow traded 0.1%, or 25 points, lower, while the S&P 500 is down 0.2%. By Thursday's close, the S&P and the Nasdaq had retraced their loses from earlier in the week, but the Dow was still lagging behind. The US government bond yield dropped to a three-year low Wednesday as investors bought bonds as a safety investment amid the market turmoil. Italian bond yields jumped higher, showing that investors aren't confident in Rome resolving its problems.

Traders work at the New York Stock Exchange (NYSE) on in New York City. (CNN) - The Dow and the broader US stock market are headed for another wild day on Wednesday. The Dow tumbled more than 400 points, or 1.6%, while the S&P 500 was down 1.4%. Overnight, both the Reserve Bank of New Zealand and the Reserve Bank of India delivered steeper than expected rate cuts. Further easing from the Federal Reserve could even push the gold price past $1,650, said Edward Moya, senior market analyst at Oanda, in a note.

(CNN) - Dow futures rose Tuesday morning after China took steps to ease the budding currency war with the United States. China priced the yuan's reference rate at 6.9683 to the dollar, a hair above the target 7:1 ratio to the U.S. dollar. Stock futures initially tumbled Monday evening after the United States labeled China a currency manipulator. Wall Street fears a steep drop in the yuan could escalate the trade war, prompting the United States to raise its tariffs on China. European stocks recovered somewhat Tuesday, and Asian stocks closed a bit lower.

The Dow shed more than 100 points at its worst on Friday, adding on from previous losses. More drama on the trade front adds to the odds that the Federal Reserve will make a deeper interest rate cut in September, according to Goldman Sachs economists led by Jan Hatzius. That will rise to a 0.5- to 0.6-percentage point cut if the tariffs rise to 25%, they said. On Thursday, equities recovered and the weakest ISM manufacturing survey in three years added to the narrative that the U.S. economy will need another boost after this week's rate cut. The Dow swung 600 points over the course of the day, the biggest one-day point move since January.

President Donald Trump said on Twitter that the United States would be "putting a small additional tariff of 10% on the remaining 300 billion dollars of goods and products coming from China into our country." This is on top of the $250 billion worth of goods that got hit with a 25% tariff. The Dow, S&P 500 and Nasdaq Composite all pared their gains and dropped into negative territory following the tweets. Global demand is also slowing, so manufacturing could weaken further in the months to come, Hunter said. But worsening US manufacturing may persuade Fed policymakers to cut rates again this year, which could boost companies' bottom lines.

Spencer Platt/Getty Images(CNN) - The Dow is set to open lower on Tuesday, as investors are getting jittery ahead of the Federal Reserve's interest rate decision. Futures for the Dow are down 0.4%, while those for the S&P 500 and the Nasdaq Composite are down 0.4% and 0.7%, respectively. The Fed's two-day monetary policy meeting kicks off Tuesday morning and culminates in its interest rate decision at 2 p.m. Stocks could drop in lockstep, as lower interest rates are good for companies. Because the Fed has been a main driver of the recent stock rally, the central bank's rate decision is overshadowing everything else this week.

A trader signals an offer in the S&P 500 stock index futures pit at the Chicago Mercantile Exchange. (CNN) - Stocks opened flattish on Monday, although the S&P 500 is hovering near Friday's record closing high. If the blue-chip stock index closes in positive territory on Monday, it will surpass the 3,026-point record it set on Friday. The Nasdaq Composite also finished last week at a record high, closing at 8,330 points. At the start of the new week, the Dow and the S&P 500 opened flat.

iStock/svariophoto(CNN) - The Dow is set to open higher, but stocks are mixed Thursday on one of the biggest days of the earnings season. Before the bell, American Airlines reported second-quarter results, forecasting a $400 million hit for full-year earnings from Boeing's 737 Max crisis. The European Central Bank delivered its monetary policy update. The central bank left interest rates unchanged and said rates would remain at their current levels or lower "at least through the first half of 2020." The central bank said in a statement it would "examine options" such as new asset purchases.

Spencer Platt/Getty Images(CNN) - U.S. stock futures are pointing at a lower open on Wednesday, despite optimism over a new round of trade talks between the United States and China. Despite the anticipated weaker open, it could hit a fresh record on Wednesday. Early next week, U.S. trade representatives will be heading to China for a next round of trade talks. But the good news on the trade front left the stock market unimpressed. Mnuchin said on CNBC that a strong dollar signified a strong U.S. economy.

Traders work on the floor of the New York Stock Exchange (NYSE)(CNN) - The Dow and U.S. stocks are on track to open higher on Tuesday as global markets are in the green across the board. Futures for the Dow, S&P 500 and Nasdaq Composite are all up 0.4%. The positive momentum comes on the back of better-than-expected corporate earnings. The U.S. earnings calendar is packed on Tuesday, including Coca-Cola and Lockheed Martin, which reported before the open. However, stock gains might be limited ahead of Friday's second-quarter US GDP report, as investors wait and see how the American economy performed last quarter.

Drew Angerer/Getty Images(CNN) - Stocks opened higher on Monday, with just a little over a week to go until a highly anticipated interest rate cut by the Federal Reserve. The Dow opened a modest 0.1%, or 32 points, higher. Elsewhere, oil prices remain elevated amid escalating tensions in the Middle East. U.S. oil prices are 0.9% higher at $56.11 a barrel, while Brent crude, the international benchmark, is 0.9% higher at $63.03 a barrel. Any further deterioration of the situation in the region should push oil prices higher.

Andrew Burton/Getty Images(CNN) - The Dow and the broader stock market climbed higher at Friday's open, driven once again by hopes of interest rate cuts by the Federal Reserve. On Thursday, investors got excited about the possibility of a bigger-than-expected interest rate cut. New York Fed President John Williams on Thursday said policymakers should take preventative measures at the first signs of economic slowdowns. The market took this to mean that a bigger interest rate cut was on the way. Expectations of a half-percentage-point cut at the Fed's next meeting in two weeks more than doubled to 60% in response.

The Nasdaq Composite opened 0.1% lower but has recovered slightly since. Even though markets appear flattish, it wouldn't take much for indexes to reach a fresh closing record on Tuesday. Or stocks could continue their lackluster trade just below the brink of record highs until the Federal Reserve meets at the end of the month. "Rate cuts? While JPMorgan, Goldman Sachs and Wells Fargo all beat estimates, JPMorgan downgraded its net interest income outlook because rate cuts will affect its business.

CNN image(CNN) - The Dow rallied on Wednesday and the S&P 500 crossed 3,000 points for the first time ever on the back of prepared remarks from Federal Reserve Chairman Jerome Powell, who hinted that a rate cut is coming. The S&P 500 bounced 0.7% higher. Both the S&P 500 and the Nasdaq hit intra-day record highs just a few minutes into the trading day. On Tuesday, Philadelphia Fed President Patrick Harker said he didn't see any need for interest rate changes. Lower interest rate make it cheaper for companies to borrow money and are thus supportive for the stock market.

(CNN) - Stocks are again in the red on Monday, as investors are anxiously waiting to hear from Federal Reserve Chairman Jerome Powell. The better the economy is doing, the less likely there is to be an interest rate cut. Should the Fed hold off on a cut, stocks would likely suffer, because lower interest rates are better for companies. The dollar is strengthening on hopes that the Fed will not cut rates, despite the consensus expectation. Higher interest rates commonly make a currency more attractive to investors.

Spencer Platt/Getty Images(CNN) - Stocks are set to open lower on Monday after Friday's jobs report called the market's hopes for a quick interest rate cut into question. On Friday, the jobs report showed a more upbeat picture of the employment situation in the United States than expected. Lower interest rates make it cheaper for companies to borrow and are thus bullish for stocks. Stocks sold off in response to the data, closing lower albeit bouncing back from their weakest points in the session. Late Friday, President Donald Trump -- who has long called for the Fed to lower rates and stimulate the economy -- tweeted that "our Federal Reserve doesn't have a clue!

Drew Angerer/Getty Images(CNN) - Dow futures are pulling back on Tuesday as initial optimism over the tariff ceasefire between the United States and China wanes. Futures for the Dow, as well as the S&P 500, are down 0.1%. The Dow also briefly surpassed the closing record it set last October, but couldn't maintain its gains through to the close. The dollar started the week with its best one-day gain since March, but is weaker on Tuesday, according to Refinitiv. After all, the agreement struck at the G20 summit in Japan didn't cancel any existing tariffs that are already affecting the global economy.

Futures for the Dow are up 1%, putting it on track to open above the all-time closing high of 26,828 points it recorded in October. At Friday's close, the Dow was 0.9% below the record. Meanwhile, futures for the S&P 500 are 1.2% higher, while those for the Nasdaq Composite are a whopping 1.8% higher. The S&P was only 0.4% off the record closing high it reached June 20 at Friday's close, putting it on track to hit a fresh all-time high on Monday. However, United States oil production is surging, and that hampers the argument for higher oil prices.

Traders work at the New York Stock Exchange (NYSE) on June 20, 2019, in New York City. Asia stocks rallied on Monday following commitments by the United States and China to resume trade talks. US stock futures also climbed, after US President Donald Trump said he would hold off on new tariffs on China and said he would lift some restrictions on Chinese tech giant Huawei. The Dow was up more than 200 points and the Nasdaq, which includes key tech companies, rose by as much as 1.5%. And the administration's position on Chinese tech giant Huawei remains murky, which could make the tech sector jittery.

(CNN) - With one day left, the month is shaping up to be the best June for the S&P 500 in more than 60 years. That's the S&P 500's best month since January it is also the best June since 1955, when the index climbed 8.23%. The Nasdaq Composite is also set to have its best month since January, and is up 6.9% so far this month. Tensions between the United States and Iran flared up, after Tehran shot down a US military drone. Iran said the drone entered the country's territory, while the United States said the incident happened over international airspace.

Mario Tama/Getty Images(CNN) - The Dow opened higher on Wednesday, thanks to optimism about a U.S.-China trade deal. The higher futures come on the coattails of comments made by Treasury Secretary Steven Mnuchin, who said a trade deal with China was close to done. "Resuming trade talks seems to be the best attainable result of the Trump-Xi meeting at the G20 summit. Elsewhere, gold prices, which recently rose to a six-year high, are taking a breather. The tensions between the United States and Iran also seem to be cooling off or, at least, are not escalating.

Futures for the Dow are up 0.1%, while those for the S&P 500 and the Nasdaq Composite are 0.1% and 0.2% lower. The Dow's record close remains in sight just one day after it inched ever closer to its all-time closing high. Tensions between the United States and Iran escalated after President Donald Trump levied new sanctions on Monday. Iran shot down a U.S. drone in international airspace last week, prompting the latest altercation between Washington and Tehran. Trump criticized Powell's Fed once again on Monday, saying in a tweet that interest rates had been raised too quickly.