News Highlights: Top Global Markets News of the Day

Features Dow Jones Newswires

Strong Jobs Report Lifts U.S. Stocks to Weekly Gains

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A stronger-than-expected pickup in U.S. hiring helped lift major indexes to weekly gains, capping a choppy streak for the stock market.

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

The U.S. economy is hitting milestones not seen in more than a decade, marked by robust hiring that has led to low unemployment and a sustained pickup in output.

SEC Delays New Mutual Fund Disclosures, Citing Security

Mutual funds will get a nine-month reprieve from sending detailed portfolio information to their regulator as the government reviews how to ensure the valuable data isn't hacked.

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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.

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.

U.S. Regulators Consider Revising Leveraged-Lending Guidelines

U.S. banking regulators have told Congress they are considering reissuing guidelines that were the basis for a crackdown on leveraged lending.

France Widens Acceptance of Blockchain

France will allow wider use of the record-keeping technology behind bitcoin when issuing and trading traditional securities, part of a growing number of experiments to speed up trading by decentralizing it.

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.

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.

(END) Dow Jones Newswires

December 08, 2017 19:15 ET (00:15 GMT)