News Highlights: Top Global Markets News of the Day

Features Dow Jones Newswires

U.S. Consumer Prices Rose 0.4% in August

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U.S. consumer prices rose in August by the most since January, likely reassuring the Federal Reserve about the economy's strength as it considers raising interest rates.

U.S. Stocks Wobble After Rally

U.S. stocks were little changed after major indexes closed at a trifecta of records two days in a row. Shares of Boeing mostly kept the Dow industrials afloat, while declines among brick-and-mortar retailers weighed on the S&P 500.

BOE Says Interest Rates Could Rise Within Months

The Bank of England signaled officials are preparing to raise interest rates within months to restrain accelerating inflation, a fresh sign that a decadelong era of ultraloose central-bank policy is slowly drawing to a close.

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U.S. Jobless Claims Fell Last Week

The number of Americans applying for new unemployment benefits fell last week but remained sharply higher than two weeks earlier because of Hurricane Harvey's effects.

Oil Gains on Falling Stocks, Higher Demand Forecast

Oil prices continued to climb, building on solid gains made Wednesday on shrinking global inventories and a bullish forecast for demand.

CFTC Chief Asks Europe Not to Regulate U.S. Clearinghouses

The top U.S. derivatives regulator urged European policy makers to back off from a proposal to regulate U.S. clearinghouses that do business in Europe, while also making a broader plea for countries to defer to the rules of others when regulating international companies.

China's Industrial Engine Revs Down

China posted a surprise slowdown in business activity in August, a sign that rising borrowing costs and property restrictions are hurting the economy more than expected.

U.S. Expected to Renew Waiver of Sanctions on Iran

President Donald Trump is expected to extend sanctions relief to Iran, retaining for now the U.S. commitment to the landmark 2015 nuclear agreement, whose fate nonetheless remains uncertain.

Turkey Holds Interest Rates Steady

Turkey's central bank held its main lending rates steady in its fight to tame the country's double-digit inflation.

EU Pushes for Free-Trade Pacts With Countries Snubbed by U.S.

The EU is defying protectionist trends and pursuing its most ambitious agenda of free-trade agreements in years.

(END) Dow Jones Newswires

September 14, 2017 13:15 ET (17:15 GMT)