News Highlights: Top Global Markets News of the Day

Features Dow Jones Newswires

Fed Likely to Raise Rates in June, Spell Out Asset-Sale Plan

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Federal Reserve officials are likely to raise short-term interest rates at their meeting in two weeks and announce their framework for shrinking a $4.5 trillion portfolio of bonds and other assets later this year.

U.S. Consumer Confidence Falls for Second Consecutive Month

Americans were slightly less optimistic about the economy in May, although confidence remained high.

U.S. Consumer Spending Rose 0.4% in April

Americans stepped up their spending in April at the fastest pace in four months, a sign the U.S. economy is rebounding after a lackluster winter.

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U.S. Stocks Pull Back as Energy Shares Drop

Declines in shares of energy companies pulled the Dow Jones Industrial Average lower. The blue-chip index fell 0.3%.

Growth in Home Prices Continues in March

Home-price growth continued to accelerate in March, posing a challenge to the market, which has seen the pace of sales slow amid rising prices and an inventory shortage.

Oil Loses Its Pull on Stocks, Currencies

Stocks and currencies are ignoring the oil price after previous periods of moving in lockstep.

Oil Prices Fall as Investors Wait for OPEC Cuts to Take Effect

Oil futures were depressed following last week's decision by OPEC to extend a crude-oil production cap.

WSJ's Daily Shot: More American Women Enter the Workforce, but Will the Trend Continue?

Eurozone Business Optimism Wanes Despite French Rally

Eurozone businesses were less upbeat about their prospects in May, despite a boost to optimism in France after centrist Emmanuel Macron defeated anti-euro candidate Marine Le Pen in presidential elections.

German Inflation Rate Falls to 1.4% in May

Germany's annual inflation rate dropped to 1.4% in May from 2.0% in April, led by easing energy prices.

(END) Dow Jones Newswires

May 30, 2017 11:15 ET (15:15 GMT)