Date: 2017-05-08 00:00:00
S&P 500 (SPY) — open: 239.19, high: 239.72, low: 238.68, close: 239.7, volume: 62001300, daily change: 0.0039
News headlines:
Glencore Seeks Buyer for Tahmoor Underground Coal Mine
BOJ’s Kuroda: Not Ruling Out Additional Monetary Easing
Oil Rises in Asia, but Recovery Could Be Fragile
Investor Anxiety Drops to New Low
Nikkei Pauses as Resistance Level Nears
Japan Overall Wages Decline First Time Since Last May
Coach’s Turnaround Strategy Could Muddy Kate Spade Benefits
Former Dewey & LeBoeuf CFO Sanders Convicted of Fraud
States Press On With Retirement Programs, Despite Losing Regulatory Cover
Coach to Buy Rival Kate Spade for $2.4 Billion
On Deck Capital to Focus on Turning a Profit
Fed to Conduct Reverse Repo Tests With Mortgage Bonds as Collateral
Goldman Makes Biggest Investment Bank Leadership Changes in Decade
Big Investor Pulls Support for Bombardier Chairman
NextEra Energy Seeks New Hearing on Oncor Takeover
U.S. Stocks Hover Around Flat
Jury Clears Former BankAtlantic CEO in SEC Case Over Soured Real Estate Loans
Kobalt Music Raises $75 Million Series D Led by Hearst
Market Talk: Daily Analysis Roundup
Euro Slips on Profit-Taking
Natural Gas Prices Sink Amid Rally Doubts
Searchmetrics Files for Bankruptcy
Rural Florida Hospital Files for Bankruptcy Amid Lab-Billing Disputes
Transcript: Panel Discussion With Fed’s Bullard, Evans and Rosengren
PTC Expects Net Price of $35,000 Annually Per Patient for Emflaza
Banks Want Mnuchin to Intervene in Fight Over New Loan Rule
Metals: Copper Falls Again on Fresh Chinese Data
Oil Prices Edge Higher Amid Expectations of Supply Cuts
Music App Maker Smule Raises $54 Million Led by Tencent
VIX Hits New Lows: What’s Going On?
Macron Victory Opens New Path for Euro
Corvex Builds Stake in CenturyLink
Shadow Banking and Monetary Policy in China
Renaissance Dissident Sues Robert Mercer for Wrongful Discharge
Podcast: How Much Do You Pay in Adviser Fees?
Quick Hits: Former Fed Governor Warns Against Uniformity of Opinion
Buffett Isn’t Retiring but Some of His Lieutenants Are
Outer Harbor Creditors Cleared to Examine Payments
Restaurant Slowdown Slices Tyson’s Earnings
SquareTwo Plan Faces More Scrutiny
Sinclair Broadcast to Buy Tribune Media for $3.9 Billion
Sea Change: Garena Gathers $550 Million, Changes Name
AngloGold Says South African Operations Struggled in First Quarter
Texas Union Reaches Settlement to End Bankruptcy
Parexel International Explores Sale
Firm Retention Summary: Adams Resources Exploration Corp.
Bondholder Group Raises Concerns About Rickmers Restructuring
Transcript: Shadow Open Market Committee Audience Q&A With Fed’s Williams
Change the Rules Governing Bond Rating Firms
Fed’s Mester Calls for More Rate Rises
How to Pay $10 a Day to Feed Your Labrador
Opportunity Knocks for Trump in the Middle East; Answering Will Be Hard
The Amazoning of American Retail
Global Paint Giants Near Endgame in $27 Billion Standoff
Voices: If a Client Wants to Sell a Business, Start Preparing Now
Macau to Require ID Check Before Cash Withdrawals at ATMs
Conference Board’s Employment Trends Index Rises to 132.64
Fed Paper Breaks Down GDP Using State-level Data
For Crowdfunding Investors, A Way to Sell
Fed’s Bullard Says Current Fed Short-Term Target at Correct Level
China Bank Regulator Pushes to Strengthen Loan-Collateral Checks
Oil ETFs Draw the Brave
Oil Investors Cut Their Bets on Higher Oil Prices
What Macron’s Win Could Bring for European Markets | BofA Pays Peanuts, but Money Keeps Flowing In | Blankfein Warns on Brexit Risks to London | China Insurance Watchdog Vows to Tighten Oversight | Witkowski’s Take: Choice Act Faces Major Surgery
Delivery Startup Dropoff Inc. Scales Up for Businesses
Grammarly, With $110 Million, Brings Artificial Intelligence to Writing
Zakrzewski’s Take: Obamacare Rewrite Forces Question for Gig Workers
Medical-Device Venture Investment Rebounds With Strong First Quarter
Witkowski’s Take: Choice Act Faces Major Surgery
ECB May Lean Toward Winding Down Stimulus as EU Recovers
Scandinavian Currencies Subdued Following French Election
What Macron’s Win Could Bring for European Markets | BofA Pays Peanuts, but Money Keeps Flowing In | Blankfein Warns on Brexit Risks to London | China Insurance Watchdog Vows to Tighten Oversight | Witkowski’s Take: Choice Act Faces Major Surgery
ECB Data May Herald End of Rock-Bottom Borrowing Costs
Harrison’s Take: With Economy Humming, Fed Looks Ahead
Despite Sanctions, Russia’s Oil Industry Powers On
Bank of America Pays Peanuts for Deposits, but the Money Keeps Flowing In
Inflation Targets and Tolerance Bands
Euro Bolstered as Focus Turns to Growth
China’s Trade Surplus Increased in April
France’s Startups Jubilant After Historic Vote
Bank Indonesia Closely Watching Rising Rupiah’s Impact on Exports
Corrigan’s Take: Guam’s Archdiocese Faces Mounting Sexual Abuse Lawsuits
Corrigan’s Take: Guam’s Archdiocese Faces Mounting Sexual Abuse Lawsuits
Market direction: Neutral