News Highlights: Top Global Markets News of the Day

Features Dow Jones Newswires

U.K., EU Reach an Agreement on Brexit Divorce Terms

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The U.K. and the European Union reached an agreement Friday on Brexit divorce terms after six months of tense talks, opening the way for negotiations to advance on a trade deal.

China's Message to World: Global Growth Still Has Legs

Chinese exports rebounded in November, bucking the weakening regional trend and giving a shot in the arm to hopes for continued strong global growth.

Brexit Deal Spurs Stocks Ahead of U.S. Jobs Report

An agreement on Brexit divorce terms helped spur gains in global stock markets and U.K. lenders shortly ahead of a key reading on the U.S. labor market.

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German Social Democrats Agree to Talks With Embattled Merkel

Germany moved a small step closer to a potential solution to its political crisis after the largest opposition party said it would enter talks with Chancellor Angela Merkel's conservatives over forging a new government.

China's Exports Strengthened in November

China's exports and imports in November both showed surprising strength-up 12.3% and 17.7% from a year earlier, respectively-underpinned by a recovering global economy and resilient domestic demand.

Japan's Economy Boosted by Surge in Capital Spending

Japan's stronger-than-expected growth offers another sign that Prime Minister Shinzo Abe's economic policies, assisted by a global upturn, may be helping the nation emerge from years of stagnation.

Fed Plans to Disclose More About Big-Bank Stress Tests

The Federal Reserve proposed disclosing more about its big-bank stress tests, in response to criticism from bankers who have said the exams' results are hard to understand.

Congress Passes Two-Week Spending Bill to Avoid Shutdown

The House and Senate passed a two-week stopgap spending bill, deferring until later in the month a bigger fight over what issues should be resolved before Congress adjourns for the year.

U.K., European Union Move Closer on Divorce Terms

The U.K. and EU appeared close to a breakthrough on Brexit terms, with British Prime Minister Theresa May on her way to Brussels on Friday morning.

Wall Street Banks Hit Pause Button on Bitcoin

As investors rush into bitcoin, some big Wall Street banks are hitting the brakes ahead of the launch of the first bitcoin futures market, which is set to go live on Sunday.

(END) Dow Jones Newswires

December 08, 2017 07:15 ET (12:15 GMT)