News Highlights: Top Global Markets News of the Day

Stock Futures Edge Higher in Choppy Trading

Dimming prospects for a large fiscal stimulus package sends investors into U.S. government bonds, pushing yields lower.

Democrats Seek Covid-Aid Talks With McConnell This Week

Top Democrats sent a letter to Senate Majority Leader Mitch McConnell requesting that negotiations on another coronavirus relief bill restart this week after months of stalemate.

Market's Vaccine Euphoria Was Bad News for Momentum Funds

An abrupt reversal in many of this year's most-persistent market trends has hurt a cluster of computer-driven funds.

Investors Bet Economic Recovery Won't Spark Jump in Inflation

Optimism about Covid-19 vaccines is raising hopes the economy will recover faster than expected. Investors are betting a rebound won't come with a bout of inflation.

U.S. Cases Continue to Climb as States Restrict Activity

The U.S. reported more than 161,000 new cases on Tuesday, according to data compiled by Johns Hopkins University, the 11th day in a row that newly reported cases have been above 130,000.

Derby's Take: Inflation Expectations Data Show Signs of Life

The five-year break-even inflation rate-a bet on where traders and investors see future inflation rates-has moved up to around 1.6% since crashing to 0.14% in March as the pandemic took hold in the U.S.

Why Poland, Hungary Blocked the EU's Virus Recovery Fund

The Hungarian and Polish governments have withdrawn their approval for the launch of the EU's EUR750 billion Covid-19 recovery fund, because of legislation that would tie disbursement of funds to respect of the rule of law by recipient countries.

U.K. Inflation Rises Slightly

Annual consumer-price inflation in the U.K. increased 0.7% in October, slightly above forecast, driven by higher costs for clothing.

Fed's Powell Says Rising Coronavirus Cases Pose Threat to Economy

Federal Reserve Chairman Jerome Powell said it was too soon to say how a potential vaccine would influence the economic outlook.

Republicans Fail to Advance Shelton's Fed Board Candidacy

GOP senators didn't secure enough support to move forward with Judy Shelton, the Trump nominee and outspoken central- bank critic, reducing her prospects as the window for a confirmation vote narrows.


  (END) Dow Jones Newswires
  11-18-20 0715ET
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