Stock Rally Falters After a Strong Start to 2018
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Declines in shares of real-estate and utility companies pushed the S&P 500 lower Wednesday as Treasury yields continued to rise.
Government Bond Prices Stabilize
U.S. government bond prices swung Wednesday, briefly sending the yield on the benchmark 10-year Treasury note near its 52-week closing high, before stabilizing.
Canada Files WTO Complaint Over U.S. Use of Tariffs
Canada is challenging the Trump administration's use of tariffs in a complaint filed with the World Trade Organization, just weeks before crucial talks on revamping the North American Free Trade Agreement get under way in Montreal.
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Fed's Bullard Says Price-Level Targeting Is Worth Considering
St. Louis Fed President James Bullard said a debate over what monetary policy strategy would best serve the economy could influence officials to aim for higher inflation.
For New Fed Chief, Stock Boom May Bring Bubble Déjà Vu
With stock and property prices once again setting records, the Federal Reserve and Jerome Powell may face some agonizing trade-offs in the next year or two.
China Quietly Orders Closing of Bitcoin Mining Operations
Chinese authorities ordered the closing of operations that create a large share of the world's supply of bitcoin, tightening a clampdown that has already shuttered exchanges for the trading of cryptocurrencies in China.
Dallas Fed's Kaplan Still Backs Three Rate Rises This Year
Dallas Fed President Robert Kaplan said he continues to support plans for three rate increases in 2018, while economic growth could be stronger than expected.
Fed's Evans Wants to Hold Off on Rate Rises Until Midyear
Federal Reserve Bank of Chicago President Charles Evans said he would prefer the central bank to hold off on its next rate rise until the summer while taking stock of what happens with inflation.
Canada Takes 'Hug-an-American' Approach to Saving Nafta
Ottawa is betting friends in business and state governments across the U.S. will see the damage tearing up Nafta could do to supply chains and growth-and pressure the Trump administration to leave the trade pact alone.
Oil Extends Rally as Stockpiles Slide and Risks Remain
Oil prices continued to climb to fresh three year highs Wednesday, boosted by declining U.S. crude stockpiles and ongoing geopolitical risk.
(END) Dow Jones Newswires
January 10, 2018 17:15 ET (22:15 GMT)