Date: 2016-05-31 00:00:00
S&P 500 (SPY) — open: 209.53, high: 210.25, low: 209.47, close: 210.24, volume: 64211200, daily change: 0.0043
News headlines:
Oil Prices Tilt Lower; Focus Stays on U.S. Crude Data and OPEC Meeting
U.S. Steel Tariffs Create a Double-Edged Sword
Anbang Withdraws Application for N.Y. Approval of Insurance Deal
Singapore Stocks Fall on Negative Regional, US Lead
Staples CEO to Step Down
Former Calpers CEO Sentenced in Bribery Case
Shari Redstone Says Viacom Shareholders Want New Management
U.S. Home Prices Jump as Supply Pinch Plays Out
Investors Lay Bets on Fed Rate Increase This Summer
Icahn Takes Big Stake in Allergan, Endorses Drugmaker’s CEO
Alibaba Backs Israeli Search Firm
Banco Bradesco CEO Accused in Brazilian Tax Probe
South Korea’s Consumer Prices Rise 0.8% on Year in May
Ultrawealthy Investors Aren’t Inclined to Recommend Their Advisers
United Flies Further Into China
Roundup of Form D Regulatory Filings--May 31
MGM to Buy Boyd’s Borgata Stake
Krispy Kreme Revenue Rose 3%
States, Cities Clash on Pay and Benefit Rules
Stocks Fall, But S&P 500, DJIA Have a Winning May
Ashland Moves to Reorganize as Valvoline Files for IPO
Timeline: Tarullo’s Path to Becoming Fed’s Regulatory Point Man
Ascena Cuts Full-Year Guidance
Centauri Health Solutions Raises $50M
Under Armour Says Sports Authority’s Bankruptcy Will Hurt Sales
‘Granular’ Rules Choke Smaller Banks, Trade Group Says
Ex-Barclays Banker Charged With Passing Inside Information to Plumber
Asian Morning Briefing: U.S. Stocks Fall
Alcoa’s Plans to Split Concern Partner Alumina
Workday’s Loss Widens as Expenses Climb
TiVo Revenue Falls 6.5% Ahead of Acquisition
Dollar Rises Against Euro
Breaking Up Is Hard to Do, Even for Big Banks
Financial Innovation and Murphy’s Law
Republic, United Airlines Reach Long-Term Agreement
Natural Gas Shoots Up on Technical Trade
Scotiabank Profit Falls 12%, Hurt by Energy Loans
Oil Retreats at $50 Again
Obama Retirement-Savings Rule Faces Industry-Led Court Battle
UAE Energy Minister Says Oil Market Correcting Upward
General Mills Recalls Flour Amid Possible E.coli Contamination
Fed’s Tarullo: Time to Reassess Postcrisis Rules
PayPal to Exit Turkey After Regulator Denies Payments License
Gold Holds Steady
Starbucks Expands Cold Offerings
ICCO Raises World Cocoa Deficit
AB InBev-SABMiller Deal Clears a South Africa Hurdle
Linc USA Files for Chapter 11 to Sell Oil, Gas Assets
Pension Funds Pile on Risk Just to Get a Reasonable Return
Oil Price Forecasts Get More Bullish
Deutsche Börse Braced for Regulatory Scrutiny Over LSE Deal
ECB Expected to Leave Stimulus Package Unchanged
Dallas Fed Index Falls Further Into Negative Territory
Volkswagen Returns to Profit
Goldman Loans $75M to IPO Hopeful Nutanix
Goldman Loans $75 Million to IPO Hopeful Nutanix
U.S. Consumer Confidence Declined, Clouding Outlook
Google’s Ban on Payday Loan Ads
Rocket Internet Says Portfolio Companies Are Progressing Toward Profitability
Chicago PMI Falls to 49.3 in May
Fidelity Marked Up Private Tech Shares in April
SemGroup to Acquire Remaining Stake in Rose Rock MLP
U.S. Consumer Spending Climbed at Fastest Pace in Nearly Seven Years
Say What? ‘I Sold Appreciated Stock to Make the Donation’
Cliffs Natural in Deal to Supply ArcelorMittal
Court Declines to Hear Appeal in Trump Taj Mahal Case
Rocket Internet Says Portfolio Companies Are Progressing Toward Profitability
Office Depot Lays Out $100 Million Stock-Buyback Plan
SciQuest to Be Taken Private by Accel-KKR
For Noble Group, CEO’s Exit Caps a Tumultuous Year
Dollar Flat Against Yen Ahead of U.S. Data
Hulk Hogan Case Stirs Funding-Disclosure Debate
Vertellus Files for Chapter 11 Bankruptcy Protection
Venture Capital and Its Discontents
Italy Banks’ Bad Loans at Turning Point, Visco Says
Hannon’s Take: Wait And See
Medtronic Revenue Continues to Grow on Acquisition
Tracy’s Take: Have We Reached ‘Peak Regulator’?
Italy’s Return to Growth is Weak But Unmistakable, Says Bank Governor
Semiconductor Startup Innovium Emerges With More Than $50M
Twilio IPO to Test Fidelity’s Commitment
Power Wheelchair Maker Whill Raises $17.5M
Great Plains Energy Buys Westar in Midwest Utilities Consolidation
Tracy’s Take: Have We Reached ‘Peak Regulator’?
Silicon Valley Driverless-Car Startup Zoox Valued at More Than $1B
Australia’s Rising Exports Point to Faster GDP Growth
Turkey’s Central Bank Continuing to Focus on Price Stability
China Stocks Soar on MSCI Speculation
First Hudson Yards Tower Set to Open
Market direction: Neutral