News Highlights: Top Global Markets News of the Day

Features Dow Jones Newswires

U.S. Stocks On Track For Weekly Gains

Continue Reading Below

U.S. stocks were on track to post weekly gains, as a rise in health-care stocks offset a drop in energy companies.

New-Home Sales Rise in May as Prices Hit Record Level

New-home sales rose in May and prices hit a record, more evidence of a housing market characterized by strong demand and tight inventories.

Fed's Bullard: Still No Need to Raise Rates Now

St. Louis Fed President James Bullard again made the case to keep short-term interest rates at current levels, saying the U.S. isn't likely to face a meaningful increase in inflation pressures.

Continue Reading Below

U.K. SFO Finds No Evidence of Criminality in BOE's Role During Financial Crisis

Law-enforcement officials in the U.K. closed their investigation into whether efforts to prop up Britain's financial system at the onset of the financial crisis may have been rigged, concluding there is no evidence of criminal activity.

One Year On, Pound Can't Shake Brexit Blues

Political anxiety has dragged on the British pound in the year since the Brexit vote. But now a shaken power structure in Westminster and a central bank divided by economic cross currents have investors debating whether the beleaguered currency has further to fall.

Oil Prices Up as Bigger Producers Stick to Cuts

Oil prices ticked higher amid signs that big producers are abiding by their deal to limit output and weather-related output challenges in the U.S.

Canada Inflation Slows in May

Inflation in Canada decelerated in May on lower costs for electricity, clothing and food, potentially cooling chatter in financial markets about an imminent Bank of Canada rate increase.

Mester: Fed's Community Development Helps to Monitor Health of Economy

Cleveland Fed President Loretta Mester said the U.S. central bank's community development role helps officials better understand the health of the economy.

Bankers Brace for Chill in Helping Chinese Companies Buy Overseas

Global bankers are bracing for a further chill in what had been one of their juiciest businesses-helping Chinese companies acquire overseas-following news that China's banking regulator is probing some of the country's biggest deal makers.

WSJ's Daily Shot: The Stock Market is Buying the GOP's Health-Care Bill

(END) Dow Jones Newswires

June 23, 2017 13:16 ET (17:16 GMT)