News Highlights: Top Global Markets News of the Day

Features Dow Jones Newswires

Stocks Rise, Led by Materials, Tech Sectors

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U.S. stocks rose, lifted by gains in the materials and technology sectors. Meanwhile, government bond markets showed signs of stabilizing after a two-week selloff. The S&P 500 added 0.2%.

U.S. Prepares to Act Alone Against North Korea

The Trump administration is moving toward unilaterally tightening sanctions on North Korea, targeting Chinese companies and banks Washington says are funneling cash into Pyongyang's weapons program.

'Tentative' Signs of Slowdown in U.S. and U.K., Says OECD

A substantial acceleration in the global economy has become less likely in 2017 as the outlook for the U.S., U.K. and Russia has weakened, says the Organization for Economic Cooperation and Development.

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Oil Prices Hold on Mixed Supply Signals

Crude oil futures flip-flopped between losses and gains with concerns about persistent U.S. oversupply canceling out talk of production curbs in Libya and Nigeria and signs stockpiles may be falling in the U.S.

CFPB Completes Rule Allowing Class-Action Lawsuits Against Banks

The Consumer Financial Protection Bureau completed a rule that would allow class-action lawsuits against financial-services firms by effectively banning companies from forcing customers to agree to arbitration when signing up for accounts.

Glitches Disrupt Trading in India, Indonesia

Technical problems disrupted early trade on India's largest stock exchange and Indonesia's equities market, highlighting the vulnerability of the global trading system to such technology failures.

German Exports Roar in May to Reach Record High

Germany's export engine roared in May as total exports of goods hit a record high, reflecting a recovery in global demand and alleviating fears over a possible rise in U.S. protectionism.

Zinc's In The Pink, as Mine Supply Struggles to Meet Demand

Zinc prices have moved sharply higher over the past month, spurred by tight supply amid tougher Chinese environmental regulations, and analysts say the metal could rise further despite signs of a rebound in mine output.

Conference Board's Employment Trends Index Fell in June

A basket of U.S. employment indicators decreased in June, a potential sign of weakening job growth.

CFTC Wants New Swaps Transaction Reporting Rules

The U.S.'s top derivatives regulator on Monday said it plans to rewrite rules governing the reporting of swaps transactions in an effort to make data more consistent across firms and give regulators a clearer view of market conditions.

(END) Dow Jones Newswires

July 10, 2017 15:15 ET (19:15 GMT)