Date: 2016-08-15 00:00:00
S&P 500 (SPY) — open: 218.29, high: 218.71, low: 217.99, close: 218.46, volume: 61313500, daily change: -0.0009
News headlines:
Shanghai Market Retreat Amid Profit-Taking in Financials
Australia’s Central Bank Sees Scope for Faster Growth
Under Oculus, Retail Takes a Bow
Concho to Expand Midland Basin Presence With $1.625 Billion Deal
Weak Oil Prices Weigh Heavily on Rosneft
Couche-Tard Nears Deal to Buy CST
SEC Suspends Trading in OTC Stock After Value Soars to $35 Billion
AIG to Sell Mortgage-Insurance Unit to Arch Capital
UPS CEO Urges Passage of Trans-Pacific Partnership Trade Agreement
Hain Celestial Shares Drop as Accounting Review Will Delay Results
Japan’s Economic Growth Nearly Stalls
Sponsors Dial Down Volume at the Rio Olympics
Roundup of Form D Regulatory Filings--Aug. 15
Williams to Fill Three of Its Emptied Board Seats
The Town That Chocolate Built
Regulators: No Further Mandates Needed for Mortgage Servicing
U.S. Stocks Get Lift From Commodities Sector
Oil Prices Jump on OPEC Hopes
Tighter Underwriting Rules Cut Portion of Mortgages to Blacks
For CFOs, Defaults Can Offer Valuable Lessons
Finance Watch
Dollar Falls Amid Weak Economic Data Concerns
Some International Firms Cautiously Return to Iraq
U.S. Finds Evidence of Criminal Acts in VW Emissions Case
Trump’s Challenge: Passing the Plausibility Test
Natural Gas Inches Up on Rebalancing Market
Paragon Offshore Moves to Protect Restructuring Deal
Business Watch: News Digest
Beware the Italian Doom Loop
Breitburn Bonuses Draw Objection From Bankruptcy Watchdog
YPF Can Finance Maxus’ Bankruptcy Plan, Judge Says
Judge Approves $16 Million AstroTurf Sale
Brickley’s Take: Lynn Tilton’s Italian Job
Firm Retention Summary: Atlas Resource Partners LP
Brickley’s Take: Lynn Tilton’s Italian Job
Gold Edges Higher on Weak Japanese Data and Dollar
Goodrich Petroleum Moves Ahead With Restructuring Plan
Wall Street’s Democratic Donors Shouldn’t Expect Much
The Big Number
Williams Says Time to Study Moving Away From Fed’s 2% Inflation Target
MAA to Buy Post Properties
Russia Restarts Oil-Market Talks With Saudi Arabia - Report
Canadian Home Sales Decline Again
Sterling Corporate Bonds Bounce Back
Clinton’s Conundrum: Keeping Left Happy, Pursuing Opening on Right
Home Builders’ Confidence Rises
Farmers Turning to Bankruptcy
Stada Arzneimittel Braced for Investor Battle
Genesee & Wyoming Buys Providence and Worcester Railroad
Empire Manufacturing Slips in August
Chesapeake Energy Works on $1B of Financing to Buy Back Debt
Sysco Posts Increased Volume, Revenue and Profit
Xylem to Buy Sensus for $1.7 Billion
Galvanize Chalks Up $45M for Data Science, Coding School
FloSports Nets $21.2M for Live-Streaming Alternative Sports
Garland’s Take: Insider Rounds Hold Appeal in Tough Times
Michaels’s Take: No End in Sight for SEC’s Fight Over Political Spending
SpaceX Launches Japanese Satellite
Hilsenrath’s Take: Clinton’s Polls Point to Status Quo at Fed
Stech’s Take: Judge to Review Top Bid for Zelenka Farms
Michaels’s Take: No End in Sight for SEC’s Fight Over Political Spending
Why The Bank of England’s Stimulus Bazooka Won’t Be Enough to Save The Economy
Demystifying Monetary Finance
The EU Single Market: The Value of Membership Versus Access to The UK
Monetary Policy, Financial Conditions and Financial Stability
ECB’s Outlook on Eurozone Economy ‘Still Intact’ After Brexit Vote
Yen Gains in ‘Quiet’ Trade--Attention Turns to Jackson Hole
China Stocks Rally on Shenzhen Connect Chatter, Credit Data
In Bangladesh Cyberheist, Little Scrutiny by Fed
Oil Climbs on Revived Hopes for a Production Freeze
China’s Coal-Market Reforms Fuel Rebound in Prices
Market direction: Fall