News Highlights: Top Global Markets News of the Day

Features Dow Jones Newswires

U.S. Stocks Poised for Weekly Decline

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U.S. stocks rose Friday but were on track for their biggest weekly loss in months, shaken by disappointing earnings results and an escalation of threats between the U.S. and North Korea.

Trump's Fury Over North Korea Means Little for Stocks

U.S. markets have a long history of ignoring provocations from North Korea. Don't expect that to change now, even with the belligerent exchanges between the leaders of both countries.

Close to Nuclear War? These Four Markets Suggest Otherwise

Investors heard the threats hurled between the U.S. and North Korea this week and upheld a time-honored tradition: They panicked and sold stocks. But in other ways, financial markets didn't react the way many would expect.

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Trump Warns North Korea U.S. Military 'Locked and Loaded'

President Donald Trump on Friday issued his starkest warning yet to North Korea, saying "military solutions" were "in place, locked and loaded" should Pyongyang "act unwisely."

U.S. Consumer Prices Rose Slightly in July

Inflation in the U.S. remained subdued in July, extending a slowdown this year.

Fed's Kaplan Says Interest Rates Are Appropriate for Now

Dallas Fed President Robert Kaplan said he wants to see clear signs of higher inflation before advocating for additional rate increases.

Kashkari Says Low Inflation Means Fed Has Luxury of Waiting to Raise Rates

Federal Reserve Bank of Minneapolis President Neel Kashkari said Friday the central bank has the luxury of waiting to raise interest rates until inflation starts to move closer to its 2% target.

Global Oil Supply Grows on Higher OPEC Output Despite Deal

The global oil supply rose for a third consecutive month in July, even as the market continues to rebalance, the International Energy Agency said.

U.S. Oil Rig Count Rises by Three

The number of rigs drilling for oil in the U.S. rose by three in the past week to 768, according to oil-field services company Baker Hughes.

CFTC Chairman Readies Revamp of Swaps Rules

President Donald Trump's new head of the U.S. derivatives regulator, J. Christopher Giancarlo, plans to remove restrictions on where swaps can be traded, revising a rule from the Dodd-Frank financial law critics say has diminished market liquidity.

(END) Dow Jones Newswires

August 11, 2017 15:15 ET (19:15 GMT)