Governments around the world are increasingly intervening in the private sector through industrial policies designed to help domestic sectors reach goals that markets alone are unlikely to achieve.
US industrial production fared much better than expected last month, the Federal Reserve said Friday, rising sharply as aircraft manufacturing rebounded after the end of a strike at Boeing.
Dow Jones futures fell Thursday after weekly jobless claims and retail sales data. Nvidia chipmaker TSMC surged on strong AI chip demand.
Gas prices rose sharply, but investors homed in on a small decline in the core CPI.