News Highlights: Top Global Markets News of the Day

Features Dow Jones Newswires

U.S. Shale Drives Recovery in Global Oil Investment

Continue Reading Below

Global investments in oil and gas fields are likely to rebound modestly this year thanks to a sharp uptick in spending by U.S. shale producers, the International Energy Agency said in a report.

Stocks Take Cues From Bonds as Investors Await Policy Cues

European stocks reversed early gains as government bonds faced renewed pressure ahead of fresh cues from central bank officials.

Stocks Rise, Led by Tech, Materials Sectors

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.

Continue Reading Below

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.

'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 Is in The Pink, as Mine Supply Struggles to Meet Demand

Zinc prices have moved sharply higher over the past month and could rise further, analysts say, 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.

(END) Dow Jones Newswires

July 11, 2017 05:15 ET (09:15 GMT)