News Highlights: Top Global Markets News of the Day
Trump Says Trade War With China Could Drag On
President Trump said he could wait until after the U.S. election to strike a limited trade deal with China, sending stock prices down sharply and casting doubt on whether the two sides will head off new tariffs.
Thanksgiving Weekend Shoppers Boosted Spending by 16%
American shoppers increased their spending over the five-day shopping period between Thanksgiving Day and Cyber Monday, according to new data.
U.S. Stocks Fall After Trump Signals Further Delays to China Deal
The Dow Jones Industrial Average fell more than 250 points after President Trump suggested a trade war with China could continue well into next year as he threatened new tariffs on several more countries.
Good U.S. Economy Isn't a Given for 2020
The belief that U.S. trade tensions with China and other countries will ease has suddenly been cast into doubt.
House Impeachment Report Says Trump Abused Office
House Democrats released a draft report alleging that President Trump abused his office for personal and political gain by pressuring Ukraine to announce investigations that could benefit him.
Twitter Plans First Sale of High-Yield Debt
The social-media company aims to raise $600 million as it tries to bounce back from disappointing third-quarter earnings.
Guns and Coal Offer the Sin of Tobacco Stocks, but Not the Quality
The outperformance of alcohol and tobacco might have had nothing to do with being sinful. That doesn't bode well for guns and coal.
Oil Trading in Sweet Spot Adds to Improving Economic Signals
Oil prices have stayed in a contained range that analysts say benefits both producers and consumers, bolstering hopes that the global economy can rebound.
Natural Gas Jumps on Colder Weather Forecasts
Futures climbed after some models predicted a sweep of cold weather across the Midwest and eastern two-thirds of the U.S.
Bank of Canada Expected to Hold Steady on Rates
Canadian market watchers expect the Bank of Canada to leave its main interest rate unchanged in its decision on Wednesday but are sharply divided on whether a rate cut is coming in early 2020.