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News Highlights: Top global markets news of the day

Dow Jones Newswires ·  Jul 5, 2021 12:47

Global Stocks Mixed, U.S. Futures Tick Down

U.S. markets were closed for the July 4 holiday, and S&P 500 futures pointed to tepid decline at the market open Tuesday.


European Business Leaders Want a Stronger Hand With China, Not Decoupling

A powerful business lobby group called on European Union politicians to push back harder against China's state capitalism but not to lock out Chinese businesses, as advocated by some leaders who are following the U.S.'s lead on limiting commercial ties to China.


Economy Week Ahead: Services, Job Openings, Claims

Wednesday brings a gauge of how tight the labor market is.


Retail Investors Power the Trading Wave With Record Cash Inflows

Individual investors plowed a record net $27.9 billion into the U.S. stock market in June, lured by continued volatility beneath the market's surface.


OPEC-Plus Deadlocked on Oil Production Boost Deal

The petroleum cartel and Russia-led allies were blocked by the U.A.E. in their efforts to forge a production-boost accord.


Lower-Wage Workers See Gains From Easing of Pandemic

New jobs at restaurants, hotels, stores, salons and similar in-person roles accounted for about half of all payroll gains in June, and workers in those industries are seeing larger raises than other employees.


U.S. Economy Added 850,000 Jobs in June Labor Rebound

The economy notched the strongest increase in jobs since last August, as the labor market heated up after a spring lull.


Why More Highway Spending Won't Rev Up the Economy

Democrats and Republicans agree that billions of dollars in new highway spending would boost productivity and growth, but economic research suggests it would generate little, if any, long-term gain.

(END) Dow Jones Newswires

July 05, 2021 07:00 ET (11:00 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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