Date: 2016-07-19 00:00:00
S&P 500 (SPY) — open: 215.97, high: 216.6, low: 215.67, close: 216.41, volume: 58725900, daily change: 0.0027
News headlines:
Oil Prices Under Pressure as Product Glut Grows
BHP Billiton’s Iron Ore Production Shows No Signs of Slowing
Malaysia Stocks Decline Amid Softer Regional Markets
Turkish Financial Markets Stutter After Failed Coup
Fed Officials Gain Confidence They Can Raise Rates This Year
Hershey’s to Move to Larger Times Square Location
Goldman Sachs Starts to Look More Ordinary
Fox News Sues Charter Communications
Roundup of Form D Regulatory Filings--July 19
Discover Financial Loans Rise 4%
Hyperloop One Fires Back at Co-Founder’s Suit With Countersuit
Oncorus Launches With $57M Series A Led by MPM Capital
Mexico Begins New Round of Oil Auctions
CFPB Chief Criticizes Lending Bias Against African-Americans
GOP Calls for Glass-Steagall Revival
Glass-Steagall Is No ‘Magic Elixir’
California Teachers Pension, Calstrs, Posts Worst Result Since 2008 Crisis
Senators Ask for Tweak to Liquidity Rules for Regional Banks
United Continental Revenue Falls; Airline Unveils $2 Billion Stock Buyback
Dollar Rises on Housing Data
Valeant Gets FDA Panel Recommendation for Psoriasis Drug
Oil Prices Fall to 2-Month Low on Glut Concerns
Analysts Forecast Decline in Oil Inventories
Justice Department to Challenge Two Health-Insurance Mergers
Dow Creeps Higher, Setting Another Record
U.K. Serious Fraud Office Investigates Unaoil
Intuitive Surgical Tops Expectations
Monsanto Rejects Bayer’s Sweetened Merger Offer
Examining Credit Market Arbitrage
Emerald Oil Pipeline Feud Heats Up
Reasons for Variation in Global Capital Standards
U.S. Considers Expanding Automated-Driving Technology Oversight
BlackBerry Inks Software Deal With U.S. Senate
Wireless Earbud Maker Doppler Labs Adds $24M for Manufacturing
Lockheed Martin Says F-35 Contract Talks Weigh on Cash
The Central Bankers’ Bold New Idea: Print Bitcoins
Comerica to Cut Workforce, Close Locations
Nasdaq, KBW Introduce Fintech Index
Saudis Tap Oil Stockpiles as They Juggle Demands
Zenreach Launches With $50M for Small-Business Marketing Via Free Wi-Fi
TD Ameritrade Earnings Beat Expectations
S&P Lowers Deutsche Bank Outlook to Negative From Stable
Firm Retention Summary: AstroTurf LLC
Sports Authority Accelerates Store Closings Amid Bankruptcy
Firm Retention Summary: SynCardia Systems Inc.
SoftBank Bets on Internet of Things With Deal
EU Opens Full Probe Into France’s Financing of Areva
Claren Road Backs Warren Resources’ Restructuring
Republican Embrace of Glass-Steagall Aims at Sanders Voters
Voices: Rethinking Conventional Wisdom on Retirement Withdrawals
Johnson & Johnson Raises Guidance
Canadian Rail Revenue to Fall as Volume Headwinds Persist—Earnings Preview
UnitedHealth Tops Earnings Views
Viewpoint: Making Public-Sector Restructurings Work
United Continental Adds 15th Director to Its Board
Failure of Swiss Bank Deal Leads to Finger-Pointing and Confusion
U.S. Housing Starts Rose 4.8% in June
Dollar Up Against British Pound, Down Against Yen
Mattel Wins ‘Jurassic World’ Toy License Ahead of New Movie
Natural Gas Rises on Weather Forecasts
Retail Sales Eased in First Two Weeks of July
Turkey Cuts Key Interest Rate After Failed Coup
Genuine Parts Cuts High End of 2016 Outlook Amid Profit Miss
ECB Expected to Wait for Data Before Post-Brexit Moves
U.S. Struggles in Index of Retirement Security
Philip Morris Profit Falls on Lower Volumes
K.C. Southern Profit Rises
VW to Build Electric Cars in North America by 2020
Data Center Security Company GuardiCore Raises $20M
EU Court Rejects Slovenian Investors’ Claim
Sun Life, Khazanah in Talks to Buy Stakes in Malaysian Insurers
Weekly Chain-Store Sales Fall
Japanese Banks Cash In on Overseas Deals
IT Fundraising Falls to Lowest in Nearly Two Years
Fraud Detection Company Sift Science Grabs $30M
CommonBond’s $30M in Fresh Capital Bucks Down Trend for Lenders
Chernova’s Take: The Big Boring IT Spend
Foundation Leads $16.5M Series B in Mobile Security Startup Skycure
Cisco Backs Wireless Tech Startup Mist
Rubin’s Take: Liberals Eye Banking Committee Takeover
Regions Financial Revenue, Profit Falls Amid Branch Closures
U.K. Financial Regulator Seeks Clearer Mission
Third Rock Launches Rare-Disease Drug Maker Fulcrum Therapeutics With $55M
Hannon’s Take: Part of the Problem?
Rubin’s Take: Liberals Eye Banking Committee Takeover
German Economic Sentiment at Near Four-Year Low Following Brexit Vote
Bayer Investor Urges Shareholder Vote on Monsanto Deal
Companies Forgot About Mom-and-Pop Investors...Until Now
U.K. Inflation Accelerated Ahead of Referendum
North Sea Oil Firms Buoyed by Brexit
China Resources Poised to Buy Genesis Care
Recent Increase in US Oil Rig Count Unsustainable: OCBC
Japan Stocks Extend Rally on Stimulus Hopes
U.K. Vote to Leave EU Hasn’t Hit Eurozone Bank Lending, Says ECB
Novartis Says Profit Could Dip
Reimagining the Elevator as a Hyperloop
Asian Currencies Slip for Second Day in a Row
Bank Indonesia Still on an Easing Bias
Norway’s Telenor Posts Second-Quarter Profit Below Expectations
Singapore Exchange Says Outage Was Result of Hardware Failure
Deezer Enters Crowded U.S. Music-Subscription Field
The Big Number: 43%
Brickley’s Take: Bankruptcy’s Rough Justice Fails GM
Brickley’s Take: Bankruptcy’s Rough Justice Fails GM
Judge Extends China Fishery Talks With Lenders
Market direction: Neutral