News Highlights: Top Global Markets News of the Day

Features Dow Jones Newswires

Robust Job Growth Puts U.S. on Firmest Footing in a Decade

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The economy appears to be on its firmest footing in at least a decade, with hiring picking up from earlier this year and the jobless rate holding at a 17-year low in November.

Better-Than-Seen Jobs Report Boosts U.S. Stocks

A stronger-than-expected pickup in U.S. hiring boosted stocks Friday. Shortly after the open, the Dow Jones Industrial Average rose 0.2%.

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

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.

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U.S. Consumer Sentiment Fell Again in December

A key measure of U.S. consumer sentiment slid in December for the second straight month, but continued to signal solid household confidence to close out 2017.

Big Oil Backs Away From a Former Industry Darling

Angola was once a magnet for the world's biggest oil companies, drawing billions of dollars in investment from BP, Exxon Mobil and others. Now, foreign companies have all but given up on new ventures there.

China Levies Large Fine on Bank Over Bond Guarantees

China's banking watchdog fined a midsize bank more than $100 million for its role in a bond default last year, one of the largest penalties levied on a Chinese bank and a sign Beijing is ramping up a crackdown on ways banks have been hiding risks.

Canada Housing Starts Surge on Condo Demand

Canadian housing starts unexpectedly surged in November to their highest level in almost 10 years, fueled by the construction of multifamily dwellings in the Toronto area.

Over $600 Billion Has Flown Into ETFs in 2017

Investors plowed more than $600 billion into exchange-traded funds globally in the first 11 months of the year, according to new research, already marking an annual record for one of Wall Street's hottest products.

Bitcoin Futures Promise Wild Ride for Risk-Loving Traders

This weekend's launch of U.S. bitcoin futures will let investors add the virtual currency to their portfolios through the same electronic brokerages they use to trade stocks and options.

U.S. Wholesale Inventories Declined 0.5% in October

Wholesale inventories fell by a seasonally adjusted 0.5% in October from the prior month, the Commerce Department said. Economists had expected a 0.4% decline.

(END) Dow Jones Newswires

December 08, 2017 13:15 ET (18:15 GMT)