U.S. Stocks End Mixed After Bumpy Trading

The dollar strengthened as Covid-19 cases dull the economic outlook and the Federal Reserve mulls withdrawing stimulus. 


 
China Closes U.S. Auditor as Tensions Mount Over Forced Labor Allegations

Shenzhen Verite, which is affiliated with U.S. labor rights nonprofit Verite, was closed following an April raid on its offices by Chinese security forces. 


 
Delta Variant May Come for the Fed's Fall Plans Too

The U.S. central bank is increasing its chatter on tapering even as the Delta variant is weighing on the economy-and creating uncertainty for both policy makers and investors. 


 
CFTC Commissioner Quintenz to Step Down

Mr. Quintenz's departure will leave Democrats with a 2-1 majority on the commission. 


 
Selling Luxury Goods in a More Socialist China Becomes a Problem

A speech on wealth inequality by China's president has wiped around $70 billion off the value of Europe's top luxury stocks. 


 
China's Financial Regulators Summon Evergrande Executives to a Meeting

Regulators said the indebted developer needs to resolve its debt issues without destabilizing the property and financial markets. 


 
Jobless Claims Fall, Despite Delta Variant Spread

The proxy for layoffs declined last week to the lowest level since the Covid-19 pandemic began, showing the labor market is healing despite the uncertainty generated by the spread of the Delta variant. 


 
Oil Prices Fall to Lowest Point Since May on Stronger Dollar

Oil prices slid to their lowest level in about three months after the U.S. dollar strengthened on concern that the global economic recovery might slow and the Fed's signals that it will scale back stimulus measures. 


 
Bond Market Signals Confidence in Fed Policy Outlook

The closely watched spread between five- and 30-year Treasury yields has hardly changed after falling sharply when the Federal Reserve shifted its message in June. 


 
Norway's Central Bank Expects to Raise Policy Rate in September

Increased activity in the economy suggests that inflation will pick up further out, Norges Bank said.

(END) Dow Jones Newswires

08-19-21 2115ET