News Highlights: Top Global Markets News of the Day

Features Dow Jones Newswires

House Passes Deal on Storm Aid, Debt Limit, Government Funding

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The House approved a $15.25 billion hurricane relief package as well as an extension of the government's funding and borrowing limit, to the displeasure of GOP lawmakers who lashed out at administration officials before the vote.

Stocks, Dollar Slide as Irma Bears Down, Korea Threat Lingers

Fallout from severe tropical storms and ongoing tensions between the U.S. and North Korea put major U.S. stock indexes, the dollar and U.S. government bond yields on track for weekly declines.

In Irma's Crosshairs, Florida Expands Evacuations

Evacuations are expanding in Florida as forecasts show little chance that the state will dodge a direct hit from Hurricane Irma, which remains a major threat as it blows through the West Indies.

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Huge Earthquake Strikes Mexico, at Least 32 Killed

A powerful 8.1-magnitude earthquake struck southern Mexico late Thursday, killing at least 32 people and damaging buildings and roads, just as the country was bracing for Hurricane Katia approaching its Gulf coast.

Fed's Dudley Says Timing of Next Rate Increase Is Unclear

New York Fed President William Dudley said in a CNBC interview he is unsure when the U.S. central bank will next raise interest rates, but he still expects them to move higher over time.

Struggling Venezuela Asks Russia to Restructure Its Debt

Russia said Venezuela has asked to restructure its debt, underscoring the Latin American country's financial woes and its reliance on the Kremlin.

Canada Jobless Rate in August Drops to Post-Crisis Low

Canada added jobs in August and its unemployment rate fell for a third-straight month to a fresh postcrisis low, even though full-time employment declined steeply in the month.

ECB Will Have Trouble Getting Out of Strong Euro Bind

The European Central Bank looks set to decide in October on how its bond-buying program will change in 2018. Looming over the proceedings is the surging euro.

Oil Prices Drop Ahead of Hurricane Irma

Oil prices fell on Friday as uncertainty gripped the market over the potential impact of Hurricane Irma as it approached the U.S.

ITG Executive Withdraws as Candidate for SEC Role

The top candidate to run the Securities and Exchange Commission's division that oversees stock exchanges and most trading firms has withdrawn from consideration.

(END) Dow Jones Newswires

September 08, 2017 15:15 ET (19:15 GMT)