News Highlights: Top Global Markets News of the Day
House Passes Two-Week Spending Bill To Avoid Government Shutdown
The House on Thursday passed a two-week stopgap spending bill, deferring until later in the month a bigger fight over what issues should be resolved before Congress adjourns for the year.
Bitcoin's Wildest Ride: Up 40% in 40 Hours
Bitcoin mania reached new highs as the price of the digital currency jumped about 40% in about 40 hours, smashing through five separate $1,000-barriers and surging past the $16,000 mark.
Fed Plans to Disclose More About Big-Bank Stress Tests
The Federal Reserve proposed disclosing more about its big-bank stress tests, in response to criticism from bankers who have said the exams' results are hard to understand.
U.K., European Union Move Closer on Divorce Terms
The U.K. government and the European Union appeared close to a breakthrough on Brexit divorce terms on Thursday night, with EU officials saying British Prime Minister Theresa May could come to Brussels as early as Friday morning.
U.S. Stocks Climb as Boeing, Industrial Shares Rise
Rising shares of Boeing and other industrial companies pushed major indexes higher Thursday.
Wall Street Banks Hit Pause Button on Bitcoin
As investors rush into bitcoin, some big Wall Street banks are hitting the brakes ahead of the launch of the first bitcoin futures market, which is set to go live on Sunday.
5 Things to Watch in the November Jobs Report
November's jobs report should provide a clearer look at the labor market's health following two hurricane-influenced months.
U.S. Consumer Credit Increased by $20.52 Billion in October
Outstanding consumer credit rose by $20.52 billion in October from the prior month, climbing at a 6.51% seasonally adjusted annual rate, the Federal Reserve reported.
Global Bank Battle Over Basel III Finally Concludes
Global finance officials on Thursday agreed on long-awaited banking rules that reach a compromise between opposing European and U.S. views about how to measure the riskiness of lenders.
World's Largest Money-Market Fund Caps Daily Investment
The world's largest money-market fund is limiting the daily amount individuals can invest in it, taking further steps to slow inflows after Chinese regulators raised concerns about its rapid growth.
(END) Dow Jones Newswires
December 07, 2017 17:15 ET (22:15 GMT)Copyright (c) 2017 Dow Jones & Company, Inc.