U.S. Stocks on Track to End Winning Streak
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Declines in shares of technology and consumer-staple stocks threatened to end major indexes' run of recent gains. The S&P 500 fell 0.2%.
S&P Lowers China's Credit Rating
Standard & Poor's lowered China's sovereign credit rating, joining a growing chorus of alarm over the nation's soaring debt levels despite government pledges to fend off financial risks.
Trump Expands U.S. Authority to Sanction North Korea
President Donald Trump signed an executive order he said will expand U.S. authority to target individuals, companies and financial institutions involved in business with Pyongyang.
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Fed Says Total U.S. Household Net Worth Rose
The total net worth of U.S. households pushed further into record territory, climbing by $1.7 trillion in the second quarter of 2017, to $96.2 trillion.
Mexico Earthquakes Test Plan for Investors to Absorb Government Disaster Costs
Investors recently bought a catastrophe bond designed to minimize the financial hit to the Mexican government from earthquakes. They could now be on the hook for as much as $150 million after two major quakes struck the country in quick succession.
Oil Prices Stall After Recent Rally
Oil prices wavered between small gains and losses Thursday, as investors awaited clues on whether OPEC will do more to ease a global supply glut.
Eurozone Consumer Sentiment Hits 16-Year High
Consumers in the 19 countries that use the euro are more optimistic about their prospects than at any time since the currency was in its infancy, an indication that the economy may be on course for its strongest year since the global financial crisis.
Draghi Urges Governments to Help Address Banks' Volume of Bad Loans
ECB President Mario Draghi Mario Draghi called on eurozone governments to help address the 'high' volume of bad debt on banks' balance sheets, which he warned is weighing on the sector's profitability.
Fed Paves the Way for the ECB to Follow
The Federal Reserve's persistence in signaling rising interest rates may help the European Central Bank by tempering the euro's strength.
U.S. Jobless Claims Fell Despite Recent Hurricanes
The number of Americans applying for new unemployment benefits fell last week, countering forecasts for nationwide claims to rise following Hurricanes Harvey and Irma.
(END) Dow Jones Newswires
September 21, 2017 15:15 ET (19:15 GMT)