News Highlights: Top Global Markets News of the Day

Features Dow Jones Newswires

U.S. Stocks Edge Higher

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The S&P 500 inched higher Monday ahead of a series of major central bank meetings around the world this week.

Botched Suicide Bombing Jolts New York, Injures 4

A Bangladeshi man set off an explosive device he had strapped to his body near one of New York City's busiest transit hubs, the Port Authority Bus Terminal, in an attempted terrorist attack that injured three bystanders.

Treasury Says GOP Economic Agenda Would Pay for Tax Cuts

Treasury Department said the Republican economic agenda would generate enough economic growth to pay for the tax cuts being considered by Congress, using growth assumptions exceeding the official congressional estimates.

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European Finance Chiefs Hit Out at U.S. Tax Plans

Europe's five largest economies warned the U.S. its planned corporate tax reform could violate the country's double-taxation treaties and breach world trade rules.

Oil Prices Rise After NYC Explosion

Oil prices were higher as an explosion in one of New York City's busiest transit hubs and expectations that cold weather will increase demand for fuel helped lifted prices.

Conference Board's Employment Index Fell in November

After a strong increase in October, an index that measures U.S. employment fell in November.

The Future Is Bumpy: High-Tech Hedge Fund Hits Limits of Robot Stock Picking

Voleon is among funds deploying machine learning, a technology in which computers develop trading strategies. It's harder than it sounds, given that markets are noisy and clients often want a better understanding of how their money is being invested.

Emerging Markets Barrel Ahead Despite Tightening Fed

Emerging markets, long vulnerable to the whims of central banks in the developed world, now seem to be more Fed-proof than ever, as they are enjoying what some analysts call a "Goldilocks" moment.

Small Investors Face Steeper Tax Bill Under Senate Proposal

A little-discussed provision in the Senate tax bill may lead to a higher tax bill for millions of small investors and could cause many to unload stocks before year-end to avoid those costs.

U.S. Bitcoin Futures Climb in First Day of Trade

Trade in the first bitcoin futures sparked a swift run-up in the price of the digital currency, while the exchange provider's website experienced outages from heavy traffic.

(END) Dow Jones Newswires

December 11, 2017 13:15 ET (18:15 GMT)