News Highlights: Top Global Markets News of the Day

Features Dow Jones Newswires

U.S. Stocks on Track to End Winning Streak

Continue Reading Below

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.

Continue Reading Below

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)