News Highlights: Top Global Markets News of the Day

Features Dow Jones Newswires

Global Stocks Up Slightly Ahead of Fed Meeting

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Stocks were off to a quiet start as investors digested corporate results and looked ahead to the Fed's May meeting, Friday's U.S. jobs report and the final round of the French presidential election.

Greek Austerity Deal Opens Up Potential Path Out of Bailout

Greece and its international creditors sealed a deal Tuesday over fresh austerity measures, keeping its EUR86-billion ($93.74 billion) bailout on track and clearing the way for debt-relief talks that offer the best chance in years for the battered Greek economy to begin healing.

WSJ's Daily Shot: We're Spending More on Health Care Than Ever Before

China Keeps a Wary Eye on Trump's Tax-Cut Plan

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China, which has tried for years to reduce business costs, is worried that Trump's tax proposals will set back its global competitiveness and spur companies to invest in the U.S. instead of China.

White House Preparing to Replace Top Banking Regulator

The Trump administration, looking to make its first major imprint on U.S. banking regulators, is preparing to replace Comptroller of the Currency as chief overseer of federally chartered banks.

Japan's Pension Fund Plows Into Real-Estate Investing

Japan's government pension fund, the world's largest with $1.25 trillion in assets, is making its biggest push ever to expand its real-estate portfolio.

Eurozone Jobless Decline Slows

The decline in the number of people without jobs across the eurozone was the smallest in almost a year during March, a development that is likely to inspire caution among policy makers at the European Central Bank.

Oil Prices Rise Despite Output, Production Concerns

Oil prices edged up supported by a softer dollar even as investors remain concerned about rebounding output from Libya and rising production in the U.S.

ECB Consensus Suggests Board Still In Favor of Easing

There was wide agreement over the European Central Bank's statement at its meeting last week, the governor of Malta's central bank said, suggesting that the board members are still open to easing monetary policy.

U.K. Manufacturing Activity Improved Sharply in April

U.K. manufacturing activity grew at the fastest clip in three years in April, as new orders and exports gathered pace, a survey showed Tuesday.

(END) Dow Jones Newswires

May 02, 2017 09:15 ET (13:15 GMT)