U.S. Stocks Slide Broadly, Along With Government Bonds
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U.S. stocks retreated as government bond prices slid. Stocks' declines were broad, with 10 of the 11 sectors in the S&P 500 falling. The day's moves put the index on course to close lower after rising in the previous three trading sessions.
ADP Report Shows Job Gains Slowed in June
Hiring at private U.S. employers slowed more than expected in June, according to a recent report, potentially raising concerns about a weakening economy.
Trump Considers 'Severe Things' Over North Korea Threat
President Donald Trump said he is considering "some pretty severe things" in response to North Korea's continued efforts to develop nuclear weapons that can reach the U.S.
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ECB Considered Dropping a QE Guarantee at June Meeting
German government bond yields hit their highest level in 18 months on Thursday as new evidence indicates the European Central Bank is preparing to step back from eurozone debt markets.
Oil Prices Rally on Report of Drop in U.S. Inventory
Oil prices are posting another day of big gains after data showing a drop in U.S. stockpiles reignited a two-week-long rally.
U.S. Oil and Fuel Inventories Fall Sharply
U.S. crude-oil and gasoline inventories fell much more than expected for the week ended June 30, according to EIA data. Crude supplies fell by 6.3 million barrels when a decline of 2.5 million barrels was expected.
U.S. Trade Deficit Narrowed 2.3% in May
The U.S. trade deficit narrowed in May as exports rose to their highest level in more than two years.
U.S. Service-Sector Activity Picked Up in June
Business at U.S. service providers climbed steadily in June, a sign the broadest segment of the economy is gaining momentum after a lackluster first half of the year.
U.S. Jobless Claims Rose Last Week
The number of Americans applying for first-time unemployment benefits rose last week for the third consecutive time, though overall numbers remain consistent with steady job gains.
Fed's Powell Says Housing Finance System Needs an Overhaul
Federal Reserve governor Jerome Powell said there is an urgent need for Congress to overhaul the housing finance system, echoing calls by some lawmakers to pull the nation's mortgage-finance firms, Fannie Mae and Freddie Mac, out of government conservatorship.
(END) Dow Jones Newswires
July 06, 2017 15:16 ET (19:16 GMT)