Global Headlines

Treasuries gained after the Federal Reserve’s favored inflation gauge rose less than estimated, damping expectations for an interest-rate hike in the months ahead.

The Chicago Mercantile Exchange plans to launch wind derivatives across three continents, according to a person familiar with the matter, as the role of renewable energy in power generation grows.

Brazilian petrochemical giant Braskem SA filed for emergency protection against creditors as talks with for an out-of-court solution to its mounting debt woes hit snags.

Wall Street traders lifted stocks as signs the world’s largest economy is in good shape despite elevated inflation bolstered bets that Corporate America’s earnings will keep powering ahead.

Oil fluctuated as traders closely monitored increased shipments through the Strait of Hormuz, trying to gauge how quickly supply constraints will ease after the US and Iran signed a preliminary peace accord.