News Highlights: Top Global Markets News of the Day

Features Dow Jones Newswires

Stocks Tumble on Fresh Threats From North Korea

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The Dow Jones Industrial Average fell roughly 240 points, as threats from North Korea and another powerful hurricane weighed on major indexes.

Fed's Kashkari Warns Rate Increases May Be Hurting Economy

Minneapolis Fed President Neel Kashkari amped up his criticism of rate rises by the U.S. central bank, saying they may be playing a part in persistently weak price pressures and a lack of wage gains.

Fed's Brainard: Weak Inflation Argues for Caution on Further Rate Rises

Fed governor Lael Brainard said the U.S. central bank should be cautious about raising short-term interest rates further until policy makers are confident of overcoming the "persistent failure" to reach 2% inflation.

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Conference Board's Employment Trends Index Rose in August

A basket of U.S. employment indicators increased in August, suggesting solid job growth in the months ahead.

ISM-New York Business Index Slipped in August

Business conditions across New York City receded in August, according to a report released Tuesday.

ECB Expected to Signal Stimulus Phase-Out

The European Central Bank is walking a tightrope as it prepares for its most momentous decision in years: How to wind down its giant bond-buying program without derailing the eurozone's economic recovery.

Eurozone Growth Seen Easing Slightly

The eurozone economy appears to be slowing slightly, although it remains on course for its strongest year since 2010, business surveys indicate.

Crude Prices Rise

Crude oil prices jumped higher and gasoline prices slid, as shuttered refineries and other oil infrastructure continued to restart in the wake of Hurricane Harvey.

Bank of Canada Expected to Maintain Rate

After the Bank of Canada raised its benchmark interest rate for the first time in seven years in July, economists expect it to maintain the rate Wednesday but keep the door open to gradual rises in coming months.

U.S. Factory Orders Down More Than Expected in July

Orders for manufactured goods fell 3.3% to a seasonally adjusted $466.4 billion in July, marking the steepest drop since August 2014, the Commerce Department said. Economists surveyed had predicted orders would fall 3.2%.

(END) Dow Jones Newswires

September 05, 2017 15:15 ET (19:15 GMT)