News Highlights: Top Global Markets News of the Day

Features Dow Jones Newswires

S&P 500 Rises as Investors Focus on Earnings

Continue Reading Below

The S&P 500 rose to a fresh record as investors focused on corporate earnings and largely brushed off the threat of a U.S. government shutdown.

Trump Calls for Extension as Possible Shutdown Looms

Senate Democratic leader Chuck Schumer and President Donald Trump said their talk yielded progress but disagreements remained, as the deadline for a government shutdown loomed Friday night. The president called for a four-week funding extension.

U.S. Oil Output Expected to Surpass Saudi Arabia, Rivaling Russia

U.S. crude-oil production this year is expected to surpass Saudi Arabia's and rival that of Russia, the world's two largest oil producers, the International Energy Agency said, raising the prospect that a booming crude market could cool off.

Continue Reading Below

Federal Reserve's Quarles Calls for Tailored Approach to Supervision

The Federal Reserve's supervision chief detailed a deregulatory agenda that would adjust thresholds determining capital and liquidity levels at banks, as well as other types of oversight.

Consumer Sentiment Slides for Third-Straight Month

A measure of U.S. consumer sentiment slid in January for the third-straight month, continuing to ease after reaching its highest level in more than a decade.

Three 'Risk-Free' Bonds, Three Very Different Outcomes

Are bonds in a bear market? It depends who you ask, although with 10-year Treasury yields hitting their highest since 2014, the case is building. For bonds issued when yields fell to record lows in 2016, the effect of the rise in yields has been stacking up.

Oil Falls After IEA Points to Rising U.S. Production

Oil prices fell, as a leading energy monitor predicted U.S. crude production would hit a record high this year, surpassing output from Saudi Arabia and rivaling that of Russia.

Canada Factory Sales Surged in November to Record

Canadian manufacturing sales soared in November to a fresh high, easily surpassing elevated expectations, on a rebound in the auto sector and higher energy prices.

U.K. Retail Sales Suffer Sharpest Drop Since Brexit Vote

U.K. retail sales fell steeply on the month in December, new figures showed, with Britons paring back spending after taking advantage of Black Friday discounts the previous month.

CFTC to Tighten How It Reviews Bitcoin-Related Product Launches

The top U.S. derivatives regulator said he doesn't want to prevent exchanges from launching virtual-currency derivatives using a self-certification process, but will put in place stricter protocols to deal with the challenges such products pose for regulators.

(END) Dow Jones Newswires

January 19, 2018 19:15 ET (00:15 GMT)