News Highlights: Top Global Markets News of the Day

Features Dow Jones Newswires

U.S. Stocks Close at Fresh Highs

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Stocks gained broadly, with all three major U.S. indexes closing at fresh highs. All 11 sectors in the S&P 500 gained, and the Dow Jones Industrial Average rose to its first record since March 1.

ADP Reports 253,000 Rise in Private Payrolls in May

Hiring at private U.S. employers increased last month at the fastest pace since 2014, another sign the nation's labor market remains strong.

Trump Quits Climate Deal He Says Is Unfair to U.S.

President Donald Trump said Thursday he has decided to withdraw the U.S. from the "draconian" Paris climate accord, but he said he will begin negotiations to either re-enter the agreement or craft a new deal that he judges fair to the U.S. and its workers.

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Fed Stress-Test Results Coming June 22, 28

The Federal Reserve said it plans to release the results of its big-bank stress tests June 22 and June 28, and a senior official said the central bank would provide banks with more information about the annual exercise as well as change its approach to supervising banks' boards of directors.

U.S. Jobless Claims Rose to 248,000 Last Week

The number of Americans applying for new unemployment benefits jumped last week but remained at a low level consistent with the health of the U.S. labor market.

Dakota Access Pipeline Starts Shipping Oil

The Dakota Access Pipeline started shipping oil Thursday, a milestone in the project after a protracted legal battle and temporary halt in construction.

China's Yuan Makes Biggest Leap in Five Months

China's central bank guided the yuan to its biggest one-day jump in roughly five months, the latest sign that authorities are seeking to bolster the yuan in the wake of last week's sovereign-debt downgrade.

5 Things to Watch in the May Jobs Report

The May jobs report is expected to show solid hiring, but will wage growth remain a mystery?

U.S. Oil Prices Climb on Stockpile Drain

U.S. oil prices rebounded slightly Thursday after another drop in U.S. crude stocks, though most of the gains got erased in a late-day selloff.

May's U.K. Election Gamble Imperiled

In calling snap elections, Prime Minister Theresa May was betting that she could bolster her parliamentary majority ahead of Brexit negotiations. Now that bet looks dicey.

(END) Dow Jones Newswires

June 01, 2017 17:15 ET (21:15 GMT)