News Highlights: Top Global Markets News of the Day

Stocks on Track to End Second Quarter Up Sharply

S&P futures edge lower, but suggest stocks will end the quarter having erased most of the losses accrued in the first three months of the year.

Investors Bet on Bankrupt Restaurants, Shun Retailers

Five U.S. restaurant companies have recently found suitors to acquire them out of bankruptcy, in contrast to the host of troubled retailers failing to attract buyers amid the Covid-19 pandemic.

Green Bonds Need the Right Filter

The industry must not let its impressive growth undermine essential efforts to standardize what counts as green.

Eurozone Inflation Picks Up

Consumer-price inflation in the eurozone rebounded in June as energy prices rose with the easing of lockdowns intended to contain the spread of the novel coronavirus.

Fed Chairman Says Economy Faces 'New Challenges' from Virus

Federal Reserve Chairman Jerome Powell said the reopening of the U.S. economy has happened sooner than expected, but cautioned that the uptick in coronavirus infections poses challenges.

China's Economic Recovery Picks Up More Momentum

A string of recent signs of improvement points to the world's second-largest economy recording positive growth for the second quarter.

Regional Coronavirus Surges Force Changes in Plans Elsewhere in the U.S.

A surge in new coronavirus cases and rising hospitalization rates in states such as California and Texas are jeopardizing reopening plans elsewhere, while other countries are struggling to stop clusters of infections from spreading.

China Passes Hong Kong Security Law Aimed at Crushing Protests

China's legislature approved a sweeping new law aimed at quashing threats to national security in Hong Kong, rejecting Western criticism that Beijing's efforts will curb people's freedoms in the protest-torn city.

Fed Opens Lending Program for New Issuance of Corporate Debt

The central bank opened its $500 billion lending program to support issuance of new debt by large corporations, the last of nine emergency programs it is running to backstop lending markets reeling from the pandemic.


  (END) Dow Jones Newswires
  06-30-20 0715ET
  Copyright (c) 2020 Dow Jones & Company, Inc.

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