News Highlights: Top Global Markets News of the Day

Features Dow Jones Newswires

U.S. Stocks Up as Technology Shares Keep Rallying

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Climbing technology shares lifted U.S. stock indexes, putting them on course for a fourth consecutive session of gains. The S&P 500 added 0.1%.

U.S. New-Home Sales Fell More Than Expected in April

New-home sales fell sharply in April after reaching a nine-year high the prior month, a possible sign of weaker demand after a run-up in prices.

Richmond Fed: Manufacturing Firms Less Upbeat Than in Recent Months

Manufacturing activity at factories across the central Atlantic states was less upbeat in May than in recent months, according to a report Tuesday.

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Greece Debt Deal on Slow Path as IMF and Germany Dig In

Germany and the IMF found a formula on Greek debt that Greece couldn't swallow: Let's talk again after the German elections.

Oil Pulls Back After U.S. Proposal to Sell Stocks

Oil prices eased off a more than one-month high, with the U.S. plan to sell some of its stocks contributing to the pullback and offsetting investors' optimism that the coming OPEC meeting of major producers would result in more production cuts.

Fed's Kashkari: Unclear if U.S. at Full Employment Amid Signs of Soft Inflation

Minneapolis Fed President Neel Kashkari said he has doubts the labor market is back to full strength, possibly signaling a desire to hold interest rates lower for longer.

EU Agrees New Dispute System to Address Double Taxation of Companies

European Union finance ministers agreed on new measures that would prevent companies from overpaying tax and reduce costs in a bid to increase international competitiveness.

After a Brief Respite, REITs Resume Decline

Shares of real-estate investment trusts have slumped this year as a postelection sugar rush wears off.

Greek Bonds: A Great Investment, If Anyone Actually Traded Them

In theory, Greek bonds would be a great investment but barely anyone trades it, even with yields at a three-year low.

WSJ's Daily Shot: The 'America First' Market Bet Is Fading

(END) Dow Jones Newswires

May 23, 2017 11:15 ET (15:15 GMT)