Date: 2016-12-07 00:00:00
S&P 500 (SPY) — open: 221.22, high: 221.74, low: 220.66, close: 221.7, volume: 59877400, daily change: 0.0032
News headlines:
Funding Snapshot: Vestorly Closes $8.5 Million Financing for Content Marketing
Funding Snapshot: Kenna Security Closes $15 Million Series B
Funding Snapshot: Waggle Fetches $2.3 Million for Pet Content
Alaska Air to Settle Consumer Lawsuit Opposing Merger
BlackRock Signs Preliminary Pact to Move to Manhattan’s West Side
Hyundai Merchant, Mediterranean Shipping Favorites to Buy Long Beach Terminal
Mexico Collects $2.65 Billion from 2016 Oil Hedges
Oil Futures Pause After Recent Slide
Postelection Rally Lifts Stocks to New Heights
Nikkei Up, Led By Industrial, Financial Stocks
For Common Areas With Cool, Developers Turn to Graffiti Artists
Australia Trade Deficit Widens in October
Costco Gets Pinched by Discounts, Deflation
Market Talk: Daily Analysis Roundup
Lululemon: Athleisure May Fade, but Not Any Time Soon
Dow Jones Says It Didn’t Find Pay Bias
Tailored Brands Shares Jump as Retailer Reports Profit
Russia Sells Stake in Oil Giant Rosneft to Glencore, Qatar
Roundup of Form D Regulatory Filings--Dec. 7
Bank of New York Lost Ability to Process Payments for 19 Hours
Bumble Bee Foods Executive to Plead Guilty to Fixing Canned Tuna Prices
Bankers Group Sues to Stop Rules Expanding Credit Union Membership
Judge Casts Doubt on CFTC’s Manipulation Case Against Trader
Koch Industries Criticizes Key Feature of House GOP Tax Plan
American Apparel to Close Nine Stores by the End of December
Casey’s Profit Falls on Weaker Fuel Margins, Sales Miss
Natural Gas Prices Pull Back From a Two-Year High
Trump’s Potential to Reshape Regulatory Agencies
Randles’s Take: Gawker Brings First Amendment to Bankruptcy
Randles’s Take: Gawker Brings First Amendment to Bankruptcy
Analysts See 42-bcf Drain From U.S. Natural-Gas Inventories
Merrill Brokers Get Ultimatum: Refer New Clients or Face a Pay Cut
Dollar Eases Ahead of Central-Bank Decisions
U.S. Stocks Post Biggest One-Day Rally Since Election
Norwegian Cruise Line, Royal Caribbean Win Approval to Sail to Cuba
Oil Drops on Production Cut Skepticism
SEC Urges LendingClub to Disclose More About Loans
Gold Rises as Weaker Dollar Pushes Investors to Lock in Gains
Trump’s Payment Plan for Border Wall Is Bad for Business
Shell Signs Preliminary Iran Oil Deal Despite Trump Doubts
Italy’s Banca Monte Dei Paschi Seeks More Time to Raise Capital
U.S. Consumers’ Credit Balances Expand at Slower Pace in October
Wal-Mart de Mexico to Invest $1.3 Billion in Logistics
Ultra Petroleum Files Reorganization Plan
Shedding Light on Bank Networks and Systemic Risk
Linde Resumes Merger Talks With Praxair
SpaceX Postpones Launch to Early January
Oil-Output Cuts Could Hit Russian Energy Companies
Supreme Court Hardens Stance on Insider Trading
Xerox’s Next CEO Expects More Layoffs After Split
Abbott Seeks to Terminate Alere Deal
Vera Bradley Shares Drop as Company Slashes Outlook
Texas Toll Road Lenders to Vote on Restructuring Plan
Rising Interest Rates Trigger Losses on Banks’ Massive Bond Holdings
Firm Retention Summary: Jo-Jo Holdings Inc.
ECB’s Coeuré: Trump Win Reflects Transformation in Developed Economies
ECB’s Hansson: Bank May Discuss Different Tools After Trump Election
Firm Retention Summary: Nasty Gal Inc.
ETFs’ Versatility Is Driving Their Popularity, Survey Finds
U.S. Judge Dismisses Mercedes Diesel-Emissions Suit
Central Banks Alone Can’t Save Us
Poland’s Central Bank Holds Rates
Can Trump Save the Euro?
NBER Paper Measures What Fed Got Economy by Way of Mortgage Bond Buying
Competition From Chinese Imports Weakened U.S. Innovation, Economists Say
PrivateBancorp Postpones Shareholder Vote on CIBC Offer
Citigroup’s Quarterly Trading Seen Up Nearly 20%
Credit Suisse Seeks to Reassure Skeptics on Overhaul
Creighton’s Take: FSOC Could Chip Away at Dodd-Frank
Nu Skin CEO to Leave for Role in Mormon Church
Dollar Flat Ahead of FOMC, ECB Meetings
It’s Just No Fun Being a Swiss Banker Anymore
Pfizer Fined $107 Million for Overcharging U.K. for Epilepsy Drug
SunPower to Reduce Workforce by 25%
Brown-Forman Cuts Revenue Forecast as Sales Decline
Fidelity National to Sell Government, Education Units to Vista Equity
Trump’s Potential SEC Pick | Government Win on Insider Trading | Circle Pulls Plug on Bitcoin | Democrats Float Bank Bankruptcy Bill | Creighton’s Take: FSOC Could Chip Away at Dodd-Frank
Not Just for Christmas: Retailers Use Smaller Toys to Woo Shoppers Year-Round
The Human Cost of Consol Energy’s Shift From Coal to Gas
Trafigura Profit Falls, Despite Booming Oil Volumes
Breather Expanding Its Urban On-Demand Spaces
Gormley’s Take: Keeping Options Open Can Pay Off in a Buyout
Staples Sells European Operations to Cerberus
IKEA Adapts to Growing Urban Populations
KeyMe Takes on $25 Million in Added Capital, Debt
Fairless’s Take: ECB to Double Down on QE Despite Questions Over Impact
EU Fines J.P. Morgan, HSBC, Crédit Agricole $520 Million for Collusion
Trump’s Potential SEC Pick | Government Win on Insider Trading | Circle Pulls Plug on Bitcoin | Democrats Float Bank Bankruptcy Bill | Creighton’s Take: FSOC Could Chip Away at Dodd-Frank
The Bank of Japan at the Policy Frontier
Randy Phillips to Head LiveStyle, formerly known as SFX
Cellphone’s Birthplace Finds New Life After Nokia
Strong Dollar Has Companies Counting the Cost—And Opportunities
How EU Rules Affect Outlook for Italy’s Banca Monte dei Paschi
As Beijing Battles to Keep Yuan at Home, Chinese Prepare to Sell
India’s Central Bank Surprises by Holding Rates Steady
Switzerland’s Currency Reserves Jumped in November
Bitcoin Powerhouse Will Pull the Plug on Bitcoin
Asia Stocks Higher, Australia Bucks Negative Growth Report
South Korea to Slap Fine, File Criminal Complaints Against VW
Palank’s Take: Peabody Wants to Repay Bankruptcy Loan Early
Women Face 20% Higher Health-Care Costs in Retirement, Survey Finds
Market direction: Neutral