Date: 2015-12-17 00:00:00
S&P 500 (SPY) — open: 206.37, high: 208.39, low: 204.8, close: 208.03, volume: 197017000, daily change: 0.0146
News headlines:
Drug Executive Shkreli Arrested on Fraud Charges
Fed Raised Rates, but Bond Market Had Other Ideas
Junk Bond Pullback Exposes Insurers
Cancer-Care Giant to Pay $19.75 Million to Settle Medicare Billing Probe
Chinese Diesel Floods Onto Global Markets
Why Chemical Firms Are Seeking More U.S. Regulation
The No-Lose Bet for Banks in IPOs
Nutrisystem Buys South Beach Diet Brand
AK Steel Projects Loss on Plant-Idling Charges
Beijing Probes Architects of Stock-Market Rescue
Consumer Watchdog Targets Payday Lenders
Argentina’s Peso Sinks After Currency Controls Lifted
Parker Hannifin Chairman to Retire
P&G’s Gillette Sues Dollar Shave Club
Venezuela, Black-Market Currency News Site Square Off in U.S. Court
U.S. Stocks Fall After Fed-Fueled Rally
Carstens Sees Rate Hikes on Case-by-Case Basis: Transcript
In Lincoln, Neb., a View of Full Employment
Knight Transportation Shares Fall on Guidance Cut
Just Mayo to Remain Just Mayo
With U.S. Asset Sale, Avon Joins a Small Club
Defense Secretary Carter Admits to ‘Mistake’ on Email
Navistar Offers to Settle With SEC
U.S. Hits Habib Bank Branch With Enforcement Order
Hoverboard Safety Concerns Create Challenge for Retailers, Regulators
Statoil Cancels Transocean Drillship Contract
Morgan Stanley Plans to Trim Stock-Trading Staff
Mexico Unveils First Deep-Water Oil Blocks for 2016 Auction
Martin Shkreli: From Biotech Entrepreneur to Accused Criminal
Asian Morning Briefing: U.S. Stocks Fall After Fed-Inspired Rally
Mexico’s Carstens Says Next Fed Moves Likely to Lose ‘Mystical’ Quality
Duluth Profit Falls 50% on Higher Costs; Revenue Up
Fed Move Met With Mixed Reaction From Global Central Banks
Chile’s Central Bank Raises Interest Rate to 3.5%
Dollar Rises Against Latin American Currencies
Libor Oversight Chief Forced Out
More Brokerages Make Broker Happiness a Priority
Natural Gas Falls to 16-Year Low on Healthy Supply
New LightSquared Settles GPS Lawsuit With Garmin
Bank of Mexico Raises Rates for First Time Since 2008
FCC Seeks Information From Firms on Practices and Net Neutrality
Improving Cross-Border Mobility
Fed’s Smooth Liftoff Doesn’t Signal Mission Accomplished
Fed Rate Rise is First Step to Rebalance US Financial System
Southwest, Ground-Workers Union Relations Grow Testier
Oil Prices Fall as Stockpiles Rise
Gold Falls to Six-Year Low
Norway Oil Fund Plans Infrastructure Foray
New York Fed Repo Program Takes $105 Billion of Bids
General Mills Profit Rises, Helped by Cost Cuts
Wells Fargo to Nudge Brokers to Get Bigger Clients
Arista Wins First Phase of Unusual Lawsuit
Bank of England Treads Fine Line on Rates
Cerberus Strikes Deal to Buy Into Avon
Swiss-Banking Lawsuit Against IRS Could Have Wide Impact
Former Palm Oil Investor Makes $27 Million Cocoa Play
Lockheed Sues Pentagon Over Truck Deal
Fed Move Adds to Pressure on Commodities
Accenture Profit Dips on Stronger Dollar and Higher Tax Rate
Fed Rate Decision Doesn’t Warrant Immediate ECB Action
Conference Board’s Leading Index Climbs in November
TransCanada Increases Budget for Energy East Pipeline
Real-Estate Deals Often Surge in December
Alcoa Signs Boeing Supply Contracts
Standard Chartered Poaches Simon Cooper From HSBC
Anadarko Raises Output Guidance
Philadelphia Fed Business Index Drops in December
Chemours Says Market Conditions Will Dent Profit
Sanderson Farms Profit Falls
U.S. Jobless Claims Fell Last Week
Scholastic Cuts Outlook as Profit Hit by Currency, Canada Strike
HighTower Acquires Investment Adviser Managing $700 Million in Assets
Independent Advisers Struggle With Succession
Lessons From the Junk-Bond Rout
Manufacturing Inefficiencies Drag on Winnebago Revenue
Rite Aid Revenue, Same-Store Sales Rise
State Street Overbilled $200 Million Over 18 Years
Hilsenrath’s Take: Yellen Emerges as the Big Rate Rise Winner
Indonesia Central Bank Leaves Interest Rate Unchanged
Taiwan Cuts Benchmark Rate Again
Norway’s Central Bank Holds Main Rate Steady
Most Persian Gulf Countries Raise Interest Rates
Fed Rate Rise May Lift Profit Margins at Asia-Pacific Banks
AstraZeneca to Buy Stake in Acerta Pharma
Funds Program Between Hong Kong and China Closer to Completion
BOJ: Cash, Deposits Owned by Japanese Firms Hits Record High
France Squeezes Orange With $380 Million Antitrust Fine
Asian Markets Gain After Fed Decision
Philippine Central Bank: Fed Decision Could Weaken Regional Currencies
Moscow Talks Down Dangers of Fed’s Move For Russian Economy
Stronger Labor Markets Key to Meeting Inflation Targets
Philippine Central Bank Keeps Rates Unchanged
How the Fed Just Reduced Inequality
1MDB Sent $850 Million to Entity Set Up to Appear Owned by Abu Dhabi Wealth Fund
Toyota to Buy Stake in Artificial Intelligence Firm
Cerberus Nears Deal to Buy 80% of Avon’s North American Business
Crude Prices Drop Lower on Larger U.S. Inventories
NZX-50 Ends Higher, Buoyed by Fed Rate Rise
Tesla’s Musk Urges California to Push VW Toward Electric
Deal Gives Avon CEO Sheri McCoy a Chance to Revamp
Market direction: Fall