News Highlights: Top Global Markets News of the Day - Monday at 1 PM ET

S&P 500 Rises With More Earnings in Focus

U.S. stocks edged higher in the afterglow of a not-too-hot jobs report, which brought back hopes of an interest-rate cut this year.

U.S. Jobs Growth Set to Slow

The Conference Board's employment trends index fell to 111.25 in April from a downwardly revised 112.16 in March.

Israel Warns Gazans to Evacuate Rafah Neighborhoods Ahead of Planned Offensive

The evacuation notice came after talks over a cease-fire to free hostages held in Gaza faltered over the weekend.

China's Xi Shouldn't Expect an Easy Ride in Europe This Time

The Chinese leader's visit is set to test Europe's willingness to confront Beijing over its support of Russia and trade practices that have hurt European industries.

'Green Shoots' Grow Out of Control on Wall Street

Bankers are dropping the phrase like seeds at spring planting, optimistic about signs of an end to dealmaking's long freeze.

How Online Shopping Is Saving the Bricks-and-Mortar Store

Retailers are increasingly relying on their shops as fulfillment hubs.

India's Boom Faces a Pitfall: Sharing the Wealth

To become an economic powerhouse like China, India urgently needs to address rising income inequality.

China Services-Sector Gauge Shows Slower Activity Expansion

A private gauge of China's services sector showed activity grew at a slightly slower pace in April, though there are signs of a recovery in consumption given strong spending over recent holidays.

Why the Fed Is Right to Bide Its Time on Rate Moves

Not that critics of Jerome Powell's latest move don't have some good points, says Streetwise columnist James Mackintosh.

Indonesia Economy Expands Steadily at Start of Year

Indonesia's economy expanded steadily in the first quarter on resilient domestic consumption, but the impact of tight monetary policy and export weakness casts some doubt about whether that pace of growth can continue.