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News Highlights: Top global markets news of the day

Dow Jones Newswires ·  Aug 23, 2021 03:31  · Markets

Economy Week Ahead: Housing, Inflation and the Fed

Federal Reserve Chairman Jerome Powell's remarks at the central bank's Jackson Hole economic symposium on Friday cap off a full week of economic data.

Stocks Rise but Finish Week Lower

U.S. stocks climbed Friday with Nasdaq gaining 1.2%, but all three major benchmarks fell for the week to finish a bumpy stretch of trading.

Small-Cap Stocks May Be Pricier Than They Appear

Analysts sometimes remove unprofitable companies when calculating the price-to-earnings ratio for indexes like the Russell 2000.

What We Still Don't Know About the Fed's Bond-Buying Spree

Three vital issues for investors remain uncertain as the Federal Reserve moves toward tapering its bond buying.

Pelosi, Centrist Democrats in Standoff With Key Vote Ahead

A group of nine centrist Democrats is threatening House Speaker Nancy Pelosi's delicate balance of their aims with those of her party's liberal wing over two key pieces of President Biden's legislative agenda.

Cryptocurrency Miners Move Out of China

The companies face many hurdles as they move their machines out of a country that previously used two-thirds of the global energy dedicated to harvesting bitcoin.

U.S. Banks Tread Carefully in Taliban-Controlled Afghanistan

Two major U.S. money-transfer services have suspended payments into Afghanistan, and American banks are more closely scrutinizing transactions with Afghan counterparts.

Moderna Stock Heads to the Moon

The Covid-19 vaccine maker's shares are the top performer in the S&P 500 so far this year.

Why You Can't Find Everything You Want at Grocery Stores

New supply problems appear weekly, driven by shortages of labor and raw materials, and some food companies anticipate disruptions into 2022.

Fed's Kaplan says he may rethink his call for taper to start in October if delta variant slows economy

Dallas Fed President Rob Kaplan said Friday he may rethink his call for the Fed to start to slow down asset purchases soon if it looks like the coronavirus is slowing down GDP.

(END) Dow Jones Newswires

August 22, 2021 23:00 ET (03:00 GMT)

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

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