Date: 2016-09-07 00:00:00
S&P 500 (SPY) — open: 218.7, high: 219.12, low: 217.86, close: 219.03, volume: 56702100, daily change: 0.003
News headlines:
Tapping Mobile Banking to Help ‘Underbanked’ Americans
Oil Futures Extend Gains in Early Asian Trade
China Stocks Little Changed; Sentiment, Liquidity Weigh
Wells Fargo to Be Sanctioned Over Sales Tactics
Australia Trade Deficit Narrows
New Malware Sidesteps Android Security
Goldman Sachs Shuffles Its Trading Executives
Japan’s Economy Grows for Second Quarter in a Row
Billions in Cargo Remains Stranded at Sea
Global Bank Regulators Delay New Capital Rules
Consumer Staples Weigh on Stocks
Roundup of Form D Regulatory Filings--Sept. 7
Ackman’s Stake Acquisition Increases Pressure on Chipotle
Irish Lawmakers Back Appeal on Apple Ruling
U.K. Housing Prices Bounce Back in August
John Malone’s Liberty Media to Buy Formula One
Tailored Brands Results Not as Bad as Feared, Shares Higher
Moderna Therapeutics Raises $474M, Secures Grant for Zika Vaccine
SoFi Looks to Raise $500 Million in Latest Test for Fintech
Bills Aimed at Curbing SEC Face Veto Threat
Pumpkin House Carves Out a Niche on the Hudson
Suncor Seeks Permission to Abandon Some Oil-Sands Assets
Tractor Supply Cuts Guidance for Year
Asian Morning Briefing: U.S. Stocks Slip
U.S. Oil Inventories Expected to Rise
U.S. Natural-Gas Inventories Seen Up in Week
Drawing Lines in the Debate Over Moving the Inflation Target
Natural Gas Sinks Amid Moderate Weather Forecasts
Transcript: Q&A With San Francisco Fed’s Williams in Reno, Nev.
At Kmart, a Store Overhaul That Stands Out
Zio’s Restaurant Files for Bankruptcy
Gasoline Leads Crude-Oil Prices Higher
Slide in Food Prices Pressuring Grocers and Distributors
Dollar Rises as Central Bank Decisions Dominate
Judges Sign Off on Hibu’s Debt Restructuring
Fed’s Beige Book Shows Rising Wages, but Muted Inflation Pressure
Community Banks Sue Credit Unions’ Regulator Over Lending Rule
Florida Cardiologist Trying to Sell Practice After Medicare Accusations
Robo Adviser Betterment Slow to Explain Policy on Trading Halts
Nortel Reports Progress in Bankruptcy Settlement Talks
Alcohol Companies Push Back Against U.K. Health Warnings
Norway’s Sovereign-Wealth Fund to No Longer Invest in Duke Energy
EIA Raises Expectations for U.S. Oil Supply
Fed Officials Defend Central Bank’s Structure Before House Panel
Fed’s Lacker: Strong Case for Rate Hike at September Policy Meeting
Airline Stocks Soar on Revenue Outlook
National Bank of Greece Begins Search for New Chairman
Tesla Investigates Fatal Crash in the Netherlands
Germany’s Home24 Brings In €20M
Guggenheim Hires Ex-Nomura Banker to Build Leveraged Finance Group
Valuation of Rocket Internet’s Home24 Cut in Half
Lawmaker Says Congress Should Control Fed Spending on Regulation, Supervision
Carney Defends BOE Monetary Policy After Brexit
Are You a Rich Lawyer? You May Not Be Rich Enough for J.P. Morgan
Firm Retention Summary: Rincon Island LP
Deloitte Touche Tohmatsu Fiscal 2016 Revenue Rises 4.4%
Pacific Sunwear Wins Court Approval of Takeover by Golden Gate
Firm Retention Summary: Hebrew Health Care Inc.
Target Revamps Staffing for Grocery Business
J.P. Morgan Taps New Heads of Equities
China’s Tech Startups Brave a ‘Deep Winter’
Payday Lending Regulations Can Go Further
EU Plan to Boost Capital Markets Essential After Brexit, Says Dombrovskis
Arab Banks See Decline in Correspondent Banking Relationships
SoFi Looks to Raise $500M in Latest Test for Fintech
Bank of Canada Holds Rates Steady, Sees Economic Rebound
Allbirds Raises $7.25M for Wool Sneakers
Fed Markets Chief Seeks More Firms to Join Effort to Improve Trading Standards
Apache Trumpets New Oil-Field Discovery in Texas
Wilbur Ross spreads the Trump gospel on trade
St. Jude Medical Sues Muddy Waters
Oil-Reserve Infrastructure Needs  Update, Energy Department Says
Cofco Corp Loses Senior Traders to Freepoint Commodities
Global Oil Demand Closing In on Supply, Executives Say
Sears Canada Swings to Loss as Sales Drop
One Word Could Be Worth a Million Jobs
Fed Speak a Good Proxy for Policy Actions, San Francisco Fed Paper Says
Francesca’s Raises Profit Outlook
U.S. Retail Sales Fall in Latest Week
Hungary Central Bank Ready to Set Deposit Limits for Lenders
Samson Launches Auction for Oil, Gas Assets
China Regulator Investigates Brokerage Zhongtai Securities
Valspar Volumes Rise, But Currency Dents Revenue
FDA to Review Merck Drug as First-Line Treatment for Lung Cancer
VimpelCom’s Ex-Russia CEO Put On Federal Wanted List
Tegna to Split Again; CEO to Retire
Weekly Chain-Store Sales Rise
Storage-Tech Company Western Digital Boosts Outlook
Gormley’s Take: Venture Capitalists Propped Up Health-Care IPO Market in First Half
GoSpotCheck Raises $16.5M Series B
Rubin’s Take: Squaring Fintech With Borrower Protections
HD Supply Holdings Gives Weak Earnings, Revenue Forecast
China Foreign-Exchange Reserves Continue to Shrink
Hilsenrath’s Take: Fed’s Williams Suggests Rate Increase Still Live Possibility in September
Jim VandeHei to Launch News Venture With $10M
Proclara Biosciences Raises $47M to Boost Hopes for Alzheimer’s Patients
Rubin’s Take: Squaring Fintech With Borrower Protections
Poland Leaves Rates Unchanged at Record Low, As Expected
Malaysia’s July Exports Fall; Central Bank Keeps Rate Unchanged
Goldman Sachs Now Gives Away Its Most Valuable Software
Understanding SecDB: Goldman Sachs’s Most Valued Trading Weapon
Sweden’s Central Bank Leaves Policy Unchanged
USD Weak, Especially Vs JPY, Emerging-Market Forex
U.K. Factory Output Contracted in July
Asian Shares Mixed; Japan Stocks Hit by Strong Yen
The G-20 Gets It, But Is Unlikely to Act
Benefits of Helicopter Money Not Worth the Costs, Says BIS Economist
Australia Celebrates 25 Years Since Last Recession
Oil Prices Stay Volatile in Asia as Data, OPEC Loom
Ranks of the ‘Unbanked’ Decline, FDIC Survey Finds
Brickley’s Take: Horsehead a Study in Shareholder Activism
Brickley’s Take: Horsehead a Study in Shareholder Activism
Market direction: Neutral