News Highlights: Top Global Markets News of the Day

Features Dow Jones Newswires

North Korea: Won't Negotiate on Nuclear Weapons Under Any Circumstances

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North Korea threatened to use nuclear weapons against the U.S. if provoked militarily and said it would "under no circumstances" negotiate on its nuclear and missile weapons programs.

U.S. Stocks Higher

The Nasdaq Composite rallied, while the Dow Jones Industrial Average edged higher after the blue-chip index closed at a record at the end of last week.

Conference Board's Employment Trends Index Rose in July

A basket of U.S. employment indicators increased in July, a potential sign of strengthening job growth. The Conference Board's employment trends index rose to 133.77 from its revised June reading of 132.42.

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The Dollar Swoon Lifting U.S. Stocks Is Seen Continuing

A growing investor consensus that the weak dollar will keep weakening is rippling around the world, fueling rallies in everything from U.S. stocks to commodities.

Fed's Bullard Sees No Need to Raise Interest Rates Now

St. Louis Fed President James Bullard said that "the current level of the policy rate is likely to remain appropriate over the near term."

People's Bank of China Has Fintech on Its Mind

China's central bank is increasing its monitoring of the loosely regulated financial-technology sector-a major source of risk, given the enormous sums involved.

German Industry Misses a Beat but Economy Looks Strong

Europe's largest economy remains on course for robust growth this year despite a decline in factory output in June, economists said.

Libor's Demise Creates a Mortgage Mystery

Many adjustable-rate mortgages are tied to Libor, which is being phased out over five years. What will replace it remains unclear.

Oil Edges Down on Oversupply Concerns

Oil futures edged down on Monday, on concerns about major oil producers' wavering commitment to output caps and ahead of a meeting of the Organization of the Petroleum Exporting Countries

Global Economy Week Ahead: China Trade and Inflation, U.S. Productivity

The week ahead features an influx of data from China, including foreign-exchange, inflation and trade numbers. In the U.S., the Labor Department will release second-quarter productivity figures and the July consumer-price index report.

(END) Dow Jones Newswires

August 07, 2017 13:15 ET (17:15 GMT)