What's News: Business & Finance -- WSJ
December 09 2016 - 3:02AM
Dow Jones News
The ECB extended its bond-buying program until at least the end
of next year but surprised markets by saying that it would slow the
pace of purchases.
U.S. stocks continued their rally, with all three major indexes
setting records. The Dow industrials rose 65.19 points to
19614.81.
The Dow transports hit a fresh high, a move seen as a sign that
the broader stock rally will last.
Ads for major brands are appearing, often inadvertently, on
websites with false or misleading news.
Barely half of 30-year-olds earn more than their parents did at
a similar age, a research team found.
U.S. household wealth climbed to a record $90.2 trillion last
quarter.
Time Inc. hired Morgan Stanley and Bank of America to help field
takeover or partnership interest after getting overtures from
investors.
Many corporations continue to back efforts to cut carbon
emissions despite Trump's vow to dismantle Obama's climate
agenda.
A Chinese bid for German chip maker Aixtron collapsed, a week
after Obama blocked the deal.
China's exports and imports grew in November after months of
decline, adding to signs of stability.
China has increased the pace of approvals for IPOs and share
placements.
SpaceX lost a spacecraft launch order to European rival
Arianespace.
(END) Dow Jones Newswires
December 09, 2016 02:47 ET (07:47 GMT)
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