News Highlights: Top Global Markets News of the Day

Tech Shares Lead Major Stock Indexes Lower

Investors are looking to a volley of blue-chip earnings this week after sending major indexes to records on Friday.

U.S. Treasury Creates Climate Hub to Coordinate Policy

John E. Morton, a former adviser to the Obama administration, will lead a newly formed climate hub at Treasury, reporting directly to Treasury Secretary Janet Yellen.

Dogecoin, Once a Joke, Moves Mainstream

Traders on online forums are whipping the meme cryptocurrency's price higher following a meteoric 8,000% rally so far this year.

The Earnings Season Is Great. Investors Are Already Looking Past It.

It is shaping up to be a stellar earnings season for stocks, particularly cyclical ones like banks and retailers. The problem is that the market may already be moving on.

Biden Infrastructure Meeting Focuses on Taxes, Scope of Plan

President Biden met with a bipartisan group of lawmakers about infrastructure Monday, continuing discussions about possibly narrowing the scope of his $2.3 trillion plan or altering its planned tax increases.

Libor-Replacement Competitor Gains Strength From New Offerings

Ameribor poses a challenge to the Secured Overnight Financing Rate, preferred by many Wall Street banks and regulators.

Foreign Buying of Chinese Government Bonds Stalls

A huge run-up in foreign holdings of Chinese government bonds has stalled, with international investors hitting pause on their purchases as China's interest-rate advantage over the U.S. has shrunk.

Anti-Money-Laundering Prosecution Deals Setbacks to European Banks

Failures to police money laundering procedures hit two major banks in Europe, dealing a further setback to a region that has struggled to stop financial institutions from serving as conduits for illicit transactions.

U.S. Sanctions Squeeze Russia's Bonds

Washington's diplomatic campaign in response to alleged cyberattacks and election interference is raising borrowing costs for the Russian government.

More Than a Quarter of Americans Fully Vaccinated

More than a quarter of the U.S. population has now been fully vaccinated against Covid-19, and half of adults have received at least one shot, but the average number of newly reported cases each day remains high.


  (END) Dow Jones Newswires
  04-19-21 1515ET
  Copyright (c) 2021 Dow Jones & Company, Inc.

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