News Highlights: Top Global Markets News of the Day

Features Dow Jones Newswires

U.S. Stocks Edge Up, Buoyed by Tech Sector

Continue Reading Below

U.S. stock indexes edged higher as gains in shares of technology companies offset losses in the energy sector.

'Trump Trade' Waned in First 100 Days

Post-election bets on higher inflation and interest rates have waned alongside investors' hopes for swift enactment of tax cuts and infrastructure spending.

5 Things to Watch in the First-Quarter GDP Report

The U.S. economy appears to have stumbled in the first quarter of 2017. The Commerce Department on Friday releases its first estimate of the nation's gross domestic product for January through March.

Continue Reading Below

Next Tax Battle: Trump's Bid to Ax a Favorite Blue State Deduction

The White House blueprint would kill an expensive break relating to state and local taxes, prompting a bipartisan backlash from lawmakers in New York and other high-tax states.

First 100 Days: The Trump Trade's 'Ridiculous Standard'

Donald Trump's first 100 days in office have produced a strong stock market but weak economic growth; he should get an incomplete for both

Trump Tax Plan Keeps Tax Breaks for 401(k)s

The Trump administration's tax plan will preserve existing tax breaks for retirement plans such as 401(k)s, clearing up temporary uncertainty over the fate of the popular accounts.

U.S. Durable Orders Edged Up In March

Demand for long-lasting factory goods improved modestly in March, a sign that the manufacturing sector is healing only slowly as business investment remains restrained.

Eurozone Confidence Hits Postcrisis High

Eurozone businesses and consumers grew more upbeat about their prospects in April, as a measure of confidence rose to its highest level since a year before the global financial crisis struck in 2008.

Jobless Claims Rise

The number of Americans applying for unemployment benefits increased last week, but remained at a low level indicative of steady job growth.

Argentina's Fiscal Deficit Narrowed in First Quarter

Argentina posted a narrower-than-expected primary deficit in the first quarter as tax revenue increased at a faster pace than public spending.

(END) Dow Jones Newswires

April 27, 2017 17:15 ET (21:15 GMT)