News Highlights: Top Global Markets News of the Day

Features Dow Jones Newswires

U.S. Shares Rise Following Central Bank Moves

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U.S. shares rose Thursday, as investors digested the latest policy moves from central banks.

Americans Spending More as the Holiday Season Continues

Americans ramped up their spending in stores and online in November, which included Black Friday and Cyber Monday, key sales days for retailers.

The Fed Isn't the Tax Cut's Enemy

Comments by Federal Reserve officials suggest they aren't standing in the way of any boost that the Republicans' $1.4 trillion tax cut delivers.

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U.S. Jobless Claims Fell Last Week

The number of Americans filing new applications for unemployment benefits fell last week, a sign the tight labor market is making firms reluctant to dismiss workers.

World Oil Supply Hits Year High, Boosted by U.S. Shale Surge

Shale producers are roaring back to life, pushing the global oil supply to its highest level in a year and undermining OPEC's efforts to rebalance the market, the International Energy Agency said.

Oil Steady After IEA Raises U.S. Output Forecast

Oil prices were steady, hovering below multiyear highs, after the International Energy Agency said U.S. supply will grow faster than previously forecast.

Canada Household Debt Levels Climb Higher

Household debt in Canada rose to a fresh record in the third quarter, likely fueling increased concern about consumers' ability to handle higher rates. Meanwhile, net worth on a per capita basis fell.

Europe's Central Banks Still Cautious on Recovery

Central banks in Europe showed continued caution about the region's economic recovery, signaling that they are in no rush to follow the Federal Reserve in steadily raising interest rates.

Five Things to Know After Europe's Central Banks Thursday

Four of Europe's central banks announced policy decisions, the day following a fifth rate rise by the U.S. Federal Reserve, with promises of more to come in 2018.

China Still Fears the Fed

Markets had largely stopped worrying about capital outflows from China. The People's Bank of China's rate increase shows that may be a mistake.

(END) Dow Jones Newswires

December 14, 2017 11:15 ET (16:15 GMT)