News Highlights: Top Global Markets News of the Day

U.S. Stock Futures Wobble Ahead of Fed Policy Update

S&P 500 futures paused as investors awaited the latest guidance from the Federal Reserve and a string of blue chip earnings including Facebook and Qualcomm.

'Real' Government-Bond Yields Tumble to Record Lows

Yields on government bonds in the U.S. and Europe have dropped to record lows when adjusted for inflation, a sign of investors' waning optimism about the global economic recovery.

Apple, Tesla to Take Hit From Chip Shortage, a Sign of Problem's Intensity

Apple and Tesla are set to begin feeling the impact of a significant disruption to the global supply of microprocessors, a sign that even some of the largest, best-supplied companies can no longer sidestep the semiconductor crisis.

Fed Meeting Will Focus on Tapering Timeline

Federal Reserve officials are set to resume deliberations Wednesday about how and when to begin paring their asset purchases amid an economic rebound clouded by supply-chain bottlenecks and rising Covid-19 cases.

Robinhood Walks IPO Pricing Tightrope

It will be difficult for Robinhood to both deliver huge gains to its customers and also show itself to be a major future IPO player.

Hot Housing Market Lets Banks Sell Mortgage Risk

A red-hot housing market is enabling banks to sell a new kind of bond that shares the risk of mortgage and loan defaults with institutional investors.

Lawmakers Say Infrastructure Deal Within Reach

Bipartisan Senate negotiators are working through transit funding and other issues that have bogged down talks on a $1 trillion infrastructure package.

Credit Suisse Expected to Publish Details of Archegos Failures

The report could come as soon as Thursday and is likely to focus on the bank's risk management unit, human errors in judgment and unheeded risk in concentrated positions.

German Consumer Confidence to Stagnate

German consumer sentiment is expected to remain unchanged from the previous month in August, according to data from the market-research group GfK.

UK Retail Prices Fall at Faster Pace

U.K. retail prices fell more sharply in the first week of July due to fierce competition between supermarkets and a steeper drop in nonfood prices, according to the latest report by Nielsen IQ and the British Retail Consortium.

  (END) Dow Jones Newswires
  07-28-21 0915ET
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