Stocks Rise, Led by Tech, Materials Sectors
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Rallying technology shares helped the Nasdaq Composite notch its second straight session of gains. Meanwhile, government bond markets showed signs of stabilizing after a two-week selloff.
Consumer Agency's Arbitration Move Sets Off GOP Showdown
An Obama-appointed regulator on Monday barred financial-services companies from requiring customers to use arbitration to resolve disputes, setting off a showdown with the Trump administration and congressional Republicans.
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.
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'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.
Oil Prices Edge Higher
Oil prices inched up with talk of production curbs in Libya and Nigeria and a sign of shrinking U.S. stockpiles leading to a small rebound from a recent slide.
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.
U.S. Consumer Credit Increased by $18.41 Billion in May
Outstanding consumer credit, a measure of non-real estate debt, rose by $18.41 billion in May from the prior month, climbing at a 5.78% seasonally adjusted annual rate.
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.
Traders Gobble Up Wheat Amid Great Plains Drought
Drought in the Great Plains is decimating a key portion of the U.S. wheat crop, pushing prices to multiyear highs and drawing hedge funds and other speculative investors to a typically lonely corner of financial markets.
(END) Dow Jones Newswires
July 10, 2017 23:15 ET (03:15 GMT)