Date: 2017-05-02 00:00:00
S&P 500 (SPY) — open: 238.68, high: 239.17, low: 238.2, close: 238.68, volume: 66882500, daily change: 0.0025
News headlines:
Revolt Against Sky-High Drug Prices Prompts a Pioneer to Cash Out
Perrigo Says Investigators Searched Its Offices in Generic-Drug Probe
China Stocks Return to Sluggish Conditions
Mondelez Sales Sag in North America
Oil Rebounds Some in Asia on Upbeat U.S. Supply Data
Mylan Chairman Received Nearly $100 Million Last Year
Azure Midstream Equity Holders Get Committee
Molina Healthcare Fires CEO, CFO
Capital for Buying, Upgrading Legal Marijuana Business Property Increases
Colorado Explosion in April Blamed on Leak Near Anadarko Well
Community Bank Lobbyist Camden Fine to Retire
When Bank CEO Went to Bat for an In-Law, a Powerful Client Cried Foul
Trump’s Expected OCC Pick Signals Shift at Regulator
Greek Austerity Deal Opens Up Potential Path Out of Bailout
Roundup of Form D Regulatory Filings--May 2
Millennium Taps Citigroup Veteran to Help Run Fixed Income
Etsy Replaces Its CEO After a Loss
Jay Clayton Confirmed as SEC Chairman
Puerto Rico Creditors Sue Over Debt-Cutting Plans
Cummins Lifts Revenue, Earnings Guidance
U.S. Crude Oil Stockpiles Seen Decreasing in DOE Data
Manufacturer Ameriforge Group to Reorganize in Bankruptcy
Oil Prices Fall Sharply on Output Concerns
U.S. Stocks Edge Higher on Mixed Corporate Earnings
Natural-Gas Prices Settle Lower on Mild Weather
Market Talk: Daily Analysis Roundup
Investors Pull Almost $7 Billion From Hedge Fund Giant in Four Months
Slumping Car Sales Are Latest Data to Rattle Bets on Growth
U.S. Cattle Futures Push Higher on Tight Supplies
Analysis: Hot Housing Markets May Call for More Fed Action
Anguilla Banking Problems Spawn U.S. Bankruptcy Suit
United, Other Airlines Warned by Lawmakers to Fix Customer Service
Wilbur Ross Sets Deadline in U.S.-Mexico Sugar Dispute
No Moral Hazard in Orderly Liquidation Authority
U.K. Clearing Industry Headed for EU Carve-Up Amid Brexit
VoxEU Post Asks: Is There Still a Case for Bank of England Independence?
Menswear Retailer Bachrach Files for Bankruptcy
Beijing Reins In Online News Services
Rising Oil Not Enough To Rescue ConocoPhillips From Loss
Nuverra Environmental “Prepackaged” Bankruptcy Debuts in Court
Suspected Gas Leak Investigated at INEOS Facility
T-Mobile US Promises a 5G Network by 2020
Fed Rate Rise Unlikely, but Possible June Move in Focus
Economists Upgrade Mexico’s Growth Forecast
Trucking Company Celadon Expects Loss, Cites Financial Problems
Mastercard Posts Higher-Than-Expected Results
Mondelez Earnings Preview: What to Watch
Pfizer Revenue Falls as Drugs Lose Exclusivity
Aetna to Pull Back Further From Health Exchanges
Firm Retention Summary: Suniva Inc.
Investors Are Getting the Fed—and the Economy—All Wrong
Germany’s Schäuble Sees Risk in Low Interest Rates
Central Banks to Stay Looser Longer Than Markets Expect
Fed Officials Are a Bunch of Oversharers
VoxEU Post Asks: Is There Still a Case for BOE Independence?
New York Outlook Edges Lower in April
Norges Bank Paper Studies Output Gap and Financial Frictions
Gawker’s Thiel Probe Could Hinge on Readers’ Comments Lawsuit
Japan’s Pension Fund Plows Into Real-Estate Investing
Freddie Mac to Send $2.2 Billion Dividend to Treasury
Trump Preparing to Replace Comptroller | Trump Vows Community Bank Relief, Again Says Big-Bank Breakups Possible | Miami Scores Partial Win in Crisis Case | Barclays’s Staley Clashes With KKR | Rubin’s Take: Which Party Can Talk Tougher on Wall Street?
CVS Profit Declines in First Quarter of ‘Rebuilding Year’
BP Swings to Profit as Oil Sector Shakes Off Woes
Magenta Therapeutics Rakes In $50 Million Series B for Stem-Cell Therapy
Chernova’s Take: The Paradox in Hardware Investing
China’s Yuan Closes Slightly Higher Vs U.S. Dollar
Eurozone Jobless Decline Slows
Rubin’s Take: Which Party Can Talk Tougher on Wall Street?
Buffett’s Berkshire Pressed to Disclose Political Spending
ECB Consensus Suggests Board Still In Favor of Easing
Trump Preparing to Replace Comptroller | Trump Vows Community Bank Relief, Again Says Big-Bank Breakups Possible | Miami Scores Partial Win in Crisis Case | Barclays’s Staley Clashes With KKR | Rubin’s Take: Which Party Can Talk Tougher on Wall Street?
Torry’s Take: Inflation Down But Not Out
Greece Reaches Bailout Agreement With Creditors
Large Debts and Monetary Policy
U.K. Manufacturing Activity Improved Sharply in April
Why Investors Will Watch TV Battle Between Macron, Le Pen
Australia’s RBA Keeps Interest Rates Unchanged
Rizzo’s Take: Transtar Nearing Bankruptcy Exit
Rizzo’s Take: Transtar Nearing Bankruptcy Exit
Citigroup Battles Lehman in ‘Tale of Two Citis’ Trial
Market direction: Neutral