--- title: "Dow Jones Top Markets Headlines at 7 PM ET: Fed Minutes Reveal Support for Rate Hikes if Inflation Proves Persistent | EU ..." type: "News" locale: "en" url: "https://longbridge.com/en/news/287129868.md" description: "The Fed minutes indicate support for rate hikes if inflation persists, influenced by the Middle East conflict and an AI boom. The EU has reached a provisional trade deal with the U.S. to remove some tariffs. Stocks rallied as the Nasdaq led gains, while U.S. crude oil stockpiles fell by 7.9 million barrels. Moody's downgraded Mexico's credit rating, citing fiscal weaknesses. Additionally, Indonesia raised rates for the first time in years, and China agreed to purchase Boeing jets and resume U.S. beef imports." datetime: "2026-05-20T23:25:31.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/287129868.md) - [en](https://longbridge.com/en/news/287129868.md) - [zh-HK](https://longbridge.com/zh-HK/news/287129868.md) --- # Dow Jones Top Markets Headlines at 7 PM ET: Fed Minutes Reveal Support for Rate Hikes if Inflation Proves Persistent | EU ... Fed Minutes Reveal Support for Rate Hikes if Inflation Proves Persistent The Middle East war and an AI boom have reshaped the interest-rate outlook ahead of a leadership transition at the central bank. \---- EU Reaches Agreement to Move Forward on U.S. Trade Deal Negotiators reached a provisional deal to remove some import tariffs ahead of a deadline set by Trump that would ramp up tariffs on cars. \---- Stocks Rally as Global Bond Rout Eases The Nasdaq composite led stock indexes higher as Nvidia prepared to report earnings after the closing bell. \---- The Furious Chip Rally Was Petering Out. Now Wall Street Turns to Nvidia. Semiconductor stocks just muddled through their worst two-day stretch since March. \---- U.S. Crude Oil Stockpiles Post Fourth Straight Weekly Draw Commercial crude oil stocks fell by 7.9 million barrels last week. Analysts expected crude stocks to fall by 3 million barrels. \---- Moody's Downgrades Mexico to Baa3 With Stable Outlook According to Moody's, the downgrade reflects sustained weakening in fiscal strength and the expectation that a narrow revenue base and continued support for state oil company Petróleos Mexicanos will limit the country's ability to stabilize its debt. \---- Japan Bond Market Regaining Status as Economic Canary in Coal Mine, Survey Suggests The shift was captured in a survey conducted by the Bank of Japan that measures how market participants view the Japanese government bond market's functioning. \---- Oil Prices Drop as Trump Says Iran Negotiations Are in 'Final Stages' Crude prices remain elevated but there appears to be movement in the Strait of Hormuz Wednesday. \---- Canada Has 'Fallen Way Behind' on Port Logistics, Carney Says Canada must quickly improve the efficiency at its ports to achieve the goal of rebuilding economic resilience and reducing reliance on U.S.-bound exports to drive growth, according to Prime Minister Carney. \---- U.K. Inflation Slowed in April Inflation cooled more than expected as government measures to reduce household energy bills kicked in, but is anticipated to pick up again due to rising oil and gas prices. \---- Biotech Investors Are Tuning Out the MAHA Chaos The Food and Drug Administration is still in turmoil, but Wall Street no longer cares. \---- Bank Indonesia Delivers First Rate Hike in Years as Rupiah Flounders, Risks Rise Indonesia's central bank snapped a long-running pause as it delivered its first rate hike in over two years. \---- China, U.S. Reach Limited Trade Agreements on Boeing Jets, Beef Imports China agreed to purchase 200 Boeing jets and resume imports of some U.S. beef products, marking one of the clearest signs yet of easing trade tensions between the two countries. \---- Japanese Stocks Are Bargains, Even After Big Gains Value investors think the good times are far from over for the Japanese stock market. Here are stocks and funds to invest in now. \---- Flurry of Suspicious Oil Trades Worth $800 Million Triggers Regulatory Probe The Commodity Futures Trading Commission is parsing records of trades made before a social-media post by President Trump. (END) Dow Jones Newswires May 20, 2026 19:15 ET (23:15 GMT) Copyright (c) 2026 Dow Jones & Company, Inc. ### Related Stocks - [.IXIC.US](https://longbridge.com/en/quote/.IXIC.US.md) - [.DJI.US](https://longbridge.com/en/quote/.DJI.US.md) - [BA.US](https://longbridge.com/en/quote/BA.US.md) - [.NDX.US](https://longbridge.com/en/quote/.NDX.US.md) - [QQEW.US](https://longbridge.com/en/quote/QQEW.US.md) - [TQQQ.US](https://longbridge.com/en/quote/TQQQ.US.md) - [QQQM.US](https://longbridge.com/en/quote/QQQM.US.md) - [QQQ.US](https://longbridge.com/en/quote/QQQ.US.md) - [ONEQ.US](https://longbridge.com/en/quote/ONEQ.US.md) - [BOEU.US](https://longbridge.com/en/quote/BOEU.US.md) - [BOEG.US](https://longbridge.com/en/quote/BOEG.US.md) - [IGV.US](https://longbridge.com/en/quote/IGV.US.md) - [ARKX.US](https://longbridge.com/en/quote/ARKX.US.md) - [PPA.US](https://longbridge.com/en/quote/PPA.US.md) - [ITA.US](https://longbridge.com/en/quote/ITA.US.md) - [NVDA.US](https://longbridge.com/en/quote/NVDA.US.md) - [MCO.US](https://longbridge.com/en/quote/MCO.US.md) - [NVD.DE](https://longbridge.com/en/quote/NVD.DE.md) - [BOE.UK](https://longbridge.com/en/quote/BOE.UK.md) ## Related News & Research - [Majority of FOMC members see a hike as likely if inflation stays persistently over 2%](https://longbridge.com/en/news/287105069.md) - [Divisions awaiting Warsh to be on display in Fed minutes release](https://longbridge.com/en/news/287042964.md) - [FOMC Minutes: Many would have preferred to remover easing bias from policy statement](https://longbridge.com/en/news/287103370.md) - [Fed's Paulson says current policy appropriate, but 'healthy' to consider extended hold or hikes](https://longbridge.com/en/news/286974730.md) - [ROI-Central banks have a real rate problem: McGeever](https://longbridge.com/en/news/286774949.md)