News Highlights: Top Global Markets News of the Day

Features Dow Jones Newswires

Big Economies Are Growing in Sync for First Time in Years

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For the first time in a decade, the world's major economies are growing in sync, a result of lingering low-interest-rate stimulus from central banks and the gradual fading of crises that over years ricocheted from the U.S. to Greece, Brazil and beyond.

New-Home Sales Plunged in July as Supply Shrivels

U.S. new-home sales fell sharply in July and inventory levels jumped.

Debt Ceiling 'Brinksmanship' Could Test U.S. Top-Notch Credit Rating

Fitch Ratings warned that a failure to raise the U.S. debt limit in a "timely manner" would prompt a review of the U.S. sovereign credit rating, which is currently at AAA -- the highest possible.

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Stock Rally Fizzles After Dow's Best Day Since April

Disappointing earnings and political turbulence put renewed pressure on U.S. stocks. The Dow industrials declined 0.4%.

Eurozone Maintains Solid Growth Path in August

The eurozone economy maintained its solid growth momentum in August, supported by a rise in manufacturing activity and strong exports, according to a survey of purchasing managers.

Oil Gains After Stockpiles Data

Oil prices flipped from losses to gains as U.S. data showed that supplies of oil and gasoline fell and as investors tried to gauge the impact of a storm in the Gulf of Mexico.

Clouds Part for Europe This Year

The latest cloud on the horizon has been the rising euro, but the eurozone of 2017 appears to be proving a resilient place.

Chinese Investors Face New Roadblocks Investing Abroad

After a record-breaking year for Chinese outbound M&A, Chinese investors are facing wary regulators in foreign governments-and a Chinese government determined to control where they put their money.

U.S. Weighs Restricting Trades in Venezuelan Debt to Punish Maduro

The U.S. is considering restricting trades in Venezuelan debt as it seeks to punish President Nicolas Maduro for undermining the country's democracy, according to people familiar with the matter.

Beijing's Campaign Against South Korean Goods Leaves Chinese Looking for Work

China's unofficial push to punish Seoul for deploying a missile-defense system against North Korea is hitting hardest in places like Yancheng, where South Korean auto maker Kia Motors is the backbone of the local economy.

(END) Dow Jones Newswires

August 23, 2017 15:15 ET (19:15 GMT)