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News Highlights: Top global markets news of the day

Dow Jones Newswires ·  Jul 2, 2021 12:03
  • 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.

  • Stocks Tick Higher After Strong Jobs Report

U.S. stock indexes edged higher after the jobs report showed employers added 850,000 jobs last month.

  • U.S. Trade Deficit Widened in May

The foreign-trade gap in goods and services expanded 3.1%, as consumers and businesses stepped up purchases of imported products and materials amid a continued economic recovery.

  • Justice Department Scrambles Bets on Aon-Willis Towers Deal

Investors are increasingly skeptical that the merger of insurance brokerage giants will go through.

  • Digital Ad Opportunities and Capital Spur Investor Interest in Ad Tech

Deal activity and public offerings in the advertising and marketing technology industry are rising as the sector gets a boost from a flush of available capital and companies looking for a share of a growing digital ad business.

  • Ireland Could Derail Global Tax Reform

A new corporate tax agreement between 130 nations is quite an achievement, but the deal is far from done. The continued resistance of Ireland in particular could scuttle the accord.

  • A Wave of Earnings Restatements Slams a Hot Market

More than 540 companies have restated their financial accounts in the past three months, higher than every full year since 2013, to comply with a directive from Washington, new data show.

  • Shopping for High-End Brands Is Harder Than It Looks-Even if You're a Luxury Giant

Investors hope the pandemic will prompt some owners of independent high-end luxury brands to sell up. But persuading founding families to give up control has always been tricky.

  • Americans Face Higher Gas Prices Heading Into July Fourth

Consumers are facing the steepest gasoline prices in nearly seven years as tens of millions eagerly hit the road this summer after a year of Covid-19 lockdowns and travel restrictions.

  • What Peter Thiel's Roth IRA Means for Yours

The new focus on retirement-account limits raises questions about saving strategies for everyone, not just the superrich

(END) Dow Jones Newswires

July 02, 2021 11:00 ET (15:00 GMT)

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