News Highlights: Top Global Markets News of the Day - Thursday at 5 PM ET

Dow Notches Longest Winning Streak of 2024 
 

All three stock indexes neared records, reversing April's declines.

 
BOE Leaves Rates Unchanged, Signals It's Closer to Cutting 
 

The U.K.'s central bank left its key rate at 5.25% but indicated it could lower it in the coming months-possibly as early as June.

 
Jobless claims jump to highest level in nine months 
 

Initial jobless-benefit claims rose by 22,000 to 231,000 in the week ending May 4, the U.S. Labor Department said Thursday. That's the highest level since last August.

 
What CFOs Are Saying About Higher-for-Longer Rates 
 

Interest rates were set to fall. Now, companies are hunting for ways to offset higher debt costs, making sure potential deals are worth the extra financing cost and bracing for more sales pressure.

 
Chinese Stocks Rebound, but Foundation for Rally Still Weak 
 

Stocks in Chinese companies have bounced back, but investors have seen false dawns before.

 
Buybacks Are Back: Corporate America Is on a Spending Spree 
 

Share repurchases in the first quarter are up sharply, led by Meta and Apple.

 
Making Money Off the Weight-Loss Revolution Has Even Wall Street Befuddled 
 

Investors ponder how to trade a trend that might take years or decades to play out.

 
More Regulators Eye Whistleblower Award Programs Hoping for Insider Tips 
 

Programs to award whistleblowers who provide tips that lead to enforcement actions are gaining momentum, both in the U.S. and abroad.

 
China's Trade With Europe Sinks as Xi Seeks to Rebuild Ties 
 

The leader's challenge is to allay concerns about a flood of Chinese goods and avert new tariffs. New figures highlighted the urgency of his task.

 
BOJ Becoming More Concerned About Effects of Weaker Yen 
 

The Bank of Japan's board is becoming more concerned about the inflation outlook as a sharply weaker yen threatens to drive up import prices.

(END) Dow Jones Newswires

May 09, 2024 17:15 ET (21:15 GMT)

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