News Highlights: Top Global Markets News of the Day - Friday at 7 PM ET

Inflation Cooled in August. The Fed Looks Like It Made the Right Call. 
 

The data provide more evidence that policymakers were on the right track with the recent interest-rate cuts.

 
Consumer sentiment improves for third straight month, as expectations for the economy brighten 
 

The second and final reading of the University of Michigan's consumer-sentiment index in September rose to 70.1 - the highest level in five months - from a preliminary reading of 69 released earlier in the month, the university said Friday.

 
Dow Rises to Record; Chinese Indexes Post Best Week in Years 
 

The Dow industrials logged an all-time high for the 32nd time this year after the Fed's preferred inflation gauge showed price pressures continued cooling last month.

 
Israel Takes Aim at Hezbollah Leader Nasrallah in Massive Beirut Airstrike 
 

The strike flattened multiple buildings in an effort to kill the cleric who built the militant group over 30 years.

 
Port of Montreal Dockworkers Set to Strike Monday 
 

Port of Montreal dockworkers are set to walk off the job Monday morning as tensions in a labor dispute ratchet up, threatening to freeze cargo at two terminals at one of Canada's busiest seaports.

 
The Score: Costco, Micron, EchoStar and More Stocks That Defined the Week 
 

Here are some of the major companies whose stocks moved on the week's news.

 
Lower Interest Rates Don't Guarantee a Soft Landing 
 

Even though borrowing costs are falling, many businesses might still face a squeeze.

 
Canada GDP Fades After Rising 0.2% in July 
 

Signs that Canada's economy stalled again last month has growth this quarter tracking below the central bank's target and leaves open the possibility of even deeper cuts in interest rates.

 
Japan Gets a New Leader Who Wants to Remake the U.S. Military Alliance 
 

Newly elected Shigeru Ishiba wants to reshape what he sees as an unequal partnership with the U.S., presaging possible tensions with Washington.

 
U.S. trade deficit in goods plunges 8.3% in August and might only be small drag on GDP 
 

The trade gap narrows to $94.3 billion, its smallest since March.

(END) Dow Jones Newswires

September 27, 2024 19:15 ET (23:15 GMT)

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