News Highlights: Top Global Markets News of the Day

Features Dow Jones Newswires

Tech and Bank Shares Lead Stocks Higher

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Shares of banks and technology companies lifted major indexes higher Thursday.

FCC Set to Roll Back Net Neutrality

The Federal Communications Commission on Thursday is expected to roll back far-reaching rules governing how internet-service providers treat traffic on their networks, a move that would likely empower cable and wireless providers and transform consumers' online experience.

Americans Spending More as the Holiday Season Continues

Americans are spending more this holiday season than analysts expected, fueled by income gains, confidence in the economic outlook, buoyant financial markets and modest inflation.

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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.

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.

Fed Should Improve Orientation for New Governors, report finds

The Federal Reserve could do a better job at showing the ropes to new members of its board of governors, the central bank's Office of Inspector General said.

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 Prices Wavering Prices Thursday

Oil prices wavered between gains and losses on Thursday, as traders weighed higher oil output against a major pipeline outage.

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.

As Fed Tightens, Europe Hangs Loose

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.

(END) Dow Jones Newswires

December 14, 2017 13:15 ET (18:15 GMT)