News Highlights: Top Global Markets News of the Day

Features Dow Jones Newswires

U.S. Consumer Spending Rose in September

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Consumer spending picked up sharply in September, positioning American households to propel economic growth heading into the final quarter of the year.

U.S. Stocks Slide to Start a Busy Week

U.S. stocks mostly inched lower at the start of a busy week set to include another round of third-quarter earnings results, the monthly U.S. jobs report and policy decisions from central banks around the world.

Manafort Charged in Russia Probe

Former Trump campaign manager Paul Manafort was taken into custody on charges that he laundered more than $18 million in funds from his work for a pro-Russia party in Ukraine through offshore accounts. He and a business associate are the first to face arrest in an investigation into Russia's meddling in the 2016 election

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Madrid Seeks Sedition Charges for Catalan Leaders

Catalonia's former leader was in Belgium on Monday as Spain's state prosecutor said it was seeking charges against him and other former Catalan separatist leaders for sedition, rebellion and misappropriation of public funds.

Eurozone Businesses, Consumers Undeterred by Political Uncertainty

Businesses and households in the 19 countries that use the euro are more upbeat about their prospects than they have been for almost 17 years, a sign that the currency area's economic recovery is set to continue at a robust pace despite renewed threats to its political stability.

Canadian Minister Cites 'Troubling' U.S. Proposals in Nafta Talks

Canada's Minister of Foreign Affairs Chrystia Freeland said the U.S. has presented some "troubling" proposals in talks to renegotiate the North American Free Trade Agreement.

China's Push to Lower Debt Levels Boosts Results at Big Banks

China's campaign to lower debt levels boosted the third-quarter results of the country's big state-owned banks, building on a trend that has widened their advantage over smaller lenders.

Former Trump Foreign Policy Adviser Pleads Guilty to Lying to FBI

George Papadopoulos, a former foreign-policy adviser to President Trump, admitted he misled the FBI by telling agents he had only interacted with a professor with Russian ties before joining the Trump campaign.

Oil Prices Climb to Eight-Month High

Oil edged up to the highest level in eight months, as optimism over the rebalancing of the global oil market continued to boost prices.

ECB's Smets: 'Dangerous' if People Are Used to Low Inflation

The head of Belgium's central bank said in an interview that it would be very dangerous for monetary policy setters if the population gets accustomed to low inflation.

(END) Dow Jones Newswires

October 30, 2017 13:15 ET (17:15 GMT)