Date: 2017-05-25 00:00:00
S&P 500 (SPY) — open: 240.32, high: 240.73, low: 239.93, close: 240.61, volume: 46927700, daily change: 0.0023
News headlines:
Founding Family of AmTrust Financial Invests Additional $300 Million in Insurer
UPS, China’s S.F. Express Plan Special Delivery Business
Disappointment Won’t Keep Oil Down for Long
Japan, Aussie Stocks Hit by Oil’s Slide
Oil Tumbles as OPEC Cuts Disappoint
Japan Core Consumer Prices Rise 0.3% in April
Optima Specialty Clears First Hurdle on Way to June 29 Confirmation
Roundup of Form D Regulatory Filings--May 25
Best Buy Defies Slump in Retail
Avaya Continues Negotiations With Lenders
Harpoon Therapeutics Snares $45 Million Series B for Prostate Cancer Treatment
Viacom Networks to Return on Suddenlink Communications
Startup’s Rocket Reaches Space, but Falls Short of Orbit
Activist Investor’s Pressure Builds on BHP Over Energy
Market Talk: Daily Analysis Roundup
Miners’ Strike Boosts Copper
21st Century Oncology Files for Chapter 11 Bankruptcy
Oil Currencies Slide After OPEC Meeting
Wells Fargo Sweetens Broker Recruitment Bonuses
Orderly Liquidation Authority Might Have Made Sense Once, but Not Anymore
GOP Congressman Issues Plan to Renew Flood-Insurance Program
OPEC Extends Oil Output Cuts but Glut Fears Persist
Fed Board Paper Analyzes Safe Collateral and Credit Links
GM Sued by Diesel Truck Owners Over Emissions
Quick Hits: BOJ Official Pledges Caution When Time Comes for Stimulus Exit
Heavy Equipment Parts Distributor ValuePart Proposes New Owners
Bankrupt Aquion Energy Finds Buyer for Clean Battery Technology
Fed’s Brainard Sees Global Economy Improving, but Has Warnings for U.S.
Saudi Aramco Struggles to Disengage From Royal Family’s Whims
Kansas City Fed Manufacturing Index Expands in May
Most Grid Capacity Prices Fall in Northeastern U.S. Auction
Trump’s Nationalism Veers Right While May’s Shifts to Center
Transcript: Reporters’ Q&A With Fed’s Neel Kashkari in Minneapolis
China Takes Aim at Moody’s After Rating Downgrade
China’s Downgrade: It’s Not Just About the Government
Fed Board Paper Analyzes Safe Collateral and Credit Links
Each Cigna Employee to Get Five Shares
Firm Retention Summary: Central Grocers Inc.
South African Reserve Bank Cuts Growth Forecast After Downgrades
Vulcan Materials Buys Aggregrates Business for $900 Million
Voices: Focus on Client Retention Is Key to Firm Success
Signet Loses Shine as Sales Retreat, Will Sell its Credit Portfolio
U.S. Jobless Claims Rose Slightly Last Week
Coal Mines Reimagined as New Power Source
Debit-Card Measure Pulled From Choice Act | Student-Loan Chief Resigns | SEC’s In-House Courts Questioned | Insider-Trading Charges Over Health-Policy Tips | Hayashi’s Take: Judges Dissect CFPB’s Structure
Hayashi’s Take: Judges Dissect CFPB’s Structure
Haggin’s Take: Why Drone Startups Want Some Regulation After All
Rentalutions Builds Software for Do-It-Yourself Landlords
Basel Committee Head Sees Deal On Bank Rules Soon
Debit-Card Measure Pulled From Choice Act | Student-Loan Chief Resigns | SEC’s In-House Courts Questioned | Insider-Trading Charges Over Health-Policy Tips | Hayashi’s Take: Judges Dissect CFPB’s Structure
Stop Using the ‘F’ Word: Why Fintechs Want to Be Regtechs
Harrison’s Take: Don’t Write Off the Fed Doves Just Yet
China Hitches Yuan to the Dollar, Buying Rare Calm
BlackRock, Vanguard Mull Pressuring Exxon to Disclose Climate Risks
High Policy Uncertainty and Low Market Volatility
BIS Releases New Set of Standards for Currency Trading
U.S. Dollar Finds Unusual Favor in Hong Kong
Paris Stocks Open Higher After Fed Minutes
Bank of Korea Keeps Base Rate Unchanged at 1.25%
Corrigan’s Take: Texas Toll Road Wins Court Approval for $1 Billion Debt Restructuring
Corrigan’s Take: Texas Toll Road Wins Court Approval for $1 Billion Debt Restructuring
Bond Brokers See Fed’s Portfolio Cut to $3 Trillion to $4 Trillion by End of 2019
U.S. Stocks Rise, Buoyed by Consumer-Discretionary Sector
Market direction: Neutral