Date: 2016-08-31 00:00:00
S&P 500 (SPY) — open: 218.26, high: 218.59, low: 217.35, close: 218, volume: 58114500, daily change: -0.0016
News headlines:
Oil Prices Inch Up but Concerns About Glut Remain
Chinese Stocks Slightly Down After Posting Strong August Performance
Hanjin Shipping Upsets Global Trade After Seeking Protection From Creditors
Mountain Pass Rare Earths Mine Gets Financing
Sycamore and Joint Venture Bidding on Retailer Aéropostale
U.S. Stocks Lose Ground in August
Amazon, Wells Fargo Abruptly End Their Student-Loan Partnership
Broadway Veteran Tapped to Produce Mall Entertainment
Roundup of Form D Regulatory Filings--Aug. 31
Compass Raises $75M At $1B Valuation
BankUnited CEO to Retire, Operating Chief Named to Top Post
J. Crew Sales Fall as Slump Continues
McDonald’s U.S. Chief to Retire
On the Value of Virtual Currencies
Germany’s Drag
Brazil Central Bank Leaves Key Rate Unchanged at 14.25%
Cash Keeps Pouring Out of European Stocks
Box Lifts Guidance, but Higher Spending Drives Another Quarterly Loss
Dollar Extends Gains as Rate Prospects Brighten
Boston Fed Warns of Interest-Rate ‘Trade-Off’
Brazil Financial Markets Mixed After Rousseff’s Ouster
EU’s Tax Decision Invites More Scrutiny of Apple
Fed’s Lacker, George to Testify on Capitol Hill Next Week
Deutsche Bank Weighs Stronger Medicine
U.S. Challenges Deere’s Planned Deal With Monsanto
Founders of Imogene + Willie Jeans Accused of Fraud
White House Announces Members of Puerto Rico Oversight Board
Judge Approves Voting on Jumio Liquidation Plan
Natural Gas Prices Swing Higher as Storm Brews in Gulf
Sports Authority Executives Win Bankruptcy Bonus Fight
Gold Falls to Lowest Level in More Than Two Months
Oil Prices Fall on U.S. Crude Stockpile Increase
RBC Capital Agrees to SEC Settlement
Analysts Expect Modest Rise in Natural-Gas Inventories
Bank of Mexico Lowers Growth Estimates for 2016-2017
Insurers Move to Limit Options in Health-Care Exchange Plans
French Carrier Orange Pursues Stake in Iranian Wireless Firm
Mattel’s American Girl to Be Sold at Toys ‘R’ Us
U.S. Pending Home Sales Index Rose 1.3% in July
Steps Policy Makers Can Take If a New Financial Crisis Hits
Fox & Hound Lands $5.4 Million Bankruptcy Loan
ECB Weighs Options as Criticism Grows
Maxus Energy Defends Environmental Settlement With Parent
United CEO, Health Regained, Looks to Rebuild Airline’s Momentum
International Experiences With Macroprudential Policies
Caesars Shield From Bondholder Litigation Gets Extended
Fed’s Kashkari: Need More Data Before Decision On Rate Increase
New Zealand, Australia Fight Over Manuka Honey Pot
U.S. Crude Oil Inventories Rise Above Expectations
Canada’s GDP Contracts in Second Quarter
French Central Banker Addresses German Critics in Their Own Tongue
Treasury’s Lew Criticizes Decision to Issue Apple $14.5 Billion Tax Bill
Chicago PMI Slips to 51.5 in August
Brazil’s Primary Budget Deficit Widens in July
Pakistan Battles Energy Shortage With Floating Gas Terminals
Jack Daniel’s Maker Brown-Forman Posts Revenue Decline
India’s Economic Expansion Slows to 7.1%
Call-Center Software Providers Genesys, Interactive Intelligence to Merge
ADP Reports 177,000 Increase in August Payrolls
Dollar Strengthens Further
India Set to Double Cotton Imports as Global Prices Soften
Samsung Halts Shipment of New Galaxy Phone Amid Reports of Fires
U.S. Watchdog Seeks Assurances on Planned Shipping Alliance
U.K. House Prices Up as Supply Slips After Brexit Vote
Misconduct, New Technology Could Threaten Global Financial Stability, Carney Warns
World Bank Bond Issue Gives China Chance to Promote Yuan
Blackstone’s Take: Swiss Franc Cap Removal Still Resonates
Tracy’s Take: Whither the Fed’s Margin Rules?
Gormley’s Take: Biotech Startups Look to Build Value Over the Long Term
Lightspeed, Jessica Alba to Appear on “Planet of the Apps”
Revuze Raises $4M Seed for Brand Performance Data-Mining
Tracy’s Take: Whither the Fed’s Margin Rules?
SpaceX Signs First Customer for Launch of Refurbished Rocket
Asahi Mixes Drinks as Japan’s Beer Market Shrinks
Pooling and Payment Systems
Shareholders Are Winning a Seat at the Bankruptcy Table
Denmark’s Economy Struggles for Momentum
Japan Shares a Bright Spot in Asia
Europe Needs Its Own Alexander Hamilton
Fed’s Evans Says Monetary Policy Not as Accommodative as It Seems
Mainland Chinese Investors Pivot to Safer Hong Kong Stocks
J.P. Morgan Gets Stand-Alone Asset-Management License in China
Stech’s Take: ABC Dental Bankruptcy Echoes Other Dentistry Chain Cases
Market direction: Neutral