Is the U.S. Stock Rally Finally Cooling?

A.M. Edition for June 7. Wall Street is backing off earlier expectations for Fed interest-rate cuts this year. WSJ markets reporter Matt Grossman looks at how investors are recalibrating their bets and what that means for the rally in U.S. stocks. Plus, Boeing’s 787 Dreamliner hits another snag. And WSJ finance editor Alex Frangos dissects new evidence from China and global institutions about the health of the economy. Luke Vargas hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

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What's News brings you the biggest news of the day, from business and finance to global and political developments that move markets. Get caught up in minutes twice a day on weekdays, then take a step back with our What’s News in Markets wrap-up on Saturday and our What’s News Sunday deep dive.