ECB to Scale Down but Extend Bond-Buying Program
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European Central Bank President Mario Draghi said the bank's giant bond-buying program could be extended beyond September 2018, having earlier added another nine months to its life-span.
House Approves Budget Plan, Paving Way for Tax Action
The House adopted a budget Thursday that sets the stage for a rewrite of the U.S. tax system, overcoming internal doubts and beginning a six-day countdown to the release of the closely guarded details of the tax plan.
Stocks Climb on Earnings, ECB Plan to Slow Bond Buying
U.S. stocks rose after several companies reported upbeat earnings and European Central Bank officials unveiled plans to scale down but extend their bond-buying program. The Dow industrials added 0.4%.
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China Sells $2 Billion in Dollar Bonds at Rates Slightly Above U.S. Treasury Yields
China Thursday sold $2 billion in U.S. dollar bonds at interest rates slightly above what the U.S. pays to borrow in the debt markets, a sign of investor confidence in the financial health of the world's second-largest economy.
U.S. Jobless Claims Rose Last Week
The number of Americans filing applications for new unemployment benefits rose last week, after falling to the lowest level in 44 years in mid-October.
China Wants to Talk Less About Growth Targets
Fresh into a new term in office, President Xi Jinping is backing away from the hard-and-fast growth targets that have driven China's economic policies for decades.
Asset Growth Slows at World's Largest Money Fund
Asset growth in China's Yu'e Bao, the world's largest money-market fund, slowed sharply in the third quarter, after rapid expansion raised regulators' concerns.
5 Things to Watch in the Third-Quarter GDP Report
The Commerce Department on Friday releases its initial estimate of gross domestic product in the third quarter, offering a broad snapshot of growth in the world's largest economy.
Big Oil's Suddenly Popular Measure for Success: Break-Even Oil Price
Investors are watching the once-obscure figure at which companies say they can sell oil for a profit, seeking assurance that they will continue paying dividends despite low energy prices.
Oil Prices Stuck in 'Limbo'
Oil prices wavered between gains and losses Thursday, as the market held steady in a newfound, higher range for crude.
(END) Dow Jones Newswires
October 26, 2017 13:15 ET (17:15 GMT)