Date: 2016-08-03 00:00:00
S&P 500 (SPY) — open: 216.65, high: 216.83, low: 214.57, close: 215.55, volume: 92295500, daily change: -0.0064
News headlines:
Insurers’ Results Dented by Low Interest Rates, Catastrophe Claims
Oil Futures Extend Rebound in Early Asia Trade
BOJ Has No Specific Agenda for Policy Assessment, Says Iwata
Yen Largely Brushes Off Officials’ Comments
Singapore STI Gains on U.S. Cues, Crude Price Rise
First Solar Cuts Guidance
China PBOC to Use Monetary Tools to Keep Ample Liquidity
Can Food Makers Revive Soggy Cereal Sales?
Nike to Stop Making Golf Clubs, Balls
Tax Whistleblowers Awarded $17.8 Million
Energy Transfer Profit Pressured by Oil Prices
Roundup of Form D Regulatory Filings--Aug. 3
GoDaddy Posts Narrower Loss as Revenue Rises 16%
Goldman Pays $36.3 Million to Settle Fed-Leak Allegations
Stocks Inch Up, Along With Oil Prices
New Jersey Backs Away From Hedge Funds
Jack in the Box Earnings Rise on Sales Momentum
Ackman’s Firm Selling Canadian Pacific Stake
Music Artists Emerge as the Latest Investment Fund Offering
Rothschild Hires Former UBS Bankers for Senior Roles
Beware of Customized ‘Earnings Before Bad Stuff’
Transocean’s Profit Drops, but Results Top Expectations
U.S. Copyright Office Criticizes FCC’s Plan on Set-Top Boxes
Kashkari Says Fed Has ‘Luxury’ of Keeping Rates Low
Tronc, Formerly Tribune Publishing, Raises Annual Guidance
Herbalife Swings to Loss but Boosts Outlook
TripAdvisor Misses Expectations as Hotel Revenue Falls, Marketing Costs Rise
Square’s Revenue Climbs 41%
Trump Taj Mahal to Shut Down After Labor Day Weekend
Dollar Rebounds After Upbeat Hiring News
Primorsk Shipping Readies for Vote on Repayment Plan
Judge Approves Binder & Binder’s Proposal to Shut Down
Global Geophysical Services Files for Bankruptcy Protection
Natural Gas Prices Heat Up Along With Weather
Denver Broncos Get Naming Rights From Sports Authority
The Fed’s Effect on Solvency Shocks and Liquidity Shocks
Oil Prices Rebound from Steep Fall
The Potential Loophole in the Fed’s Foreign-Bank Rules
Owlchemy Labs Raises $5M Series A
Bison Industry Seeks More Ranchers as Demand Climbs
Gold Drops on Dollar, Profit-Taking
Judge to Consider Granges’ $310 Million Bid for Noranda Foil Business
Barclays Cut in Half as Europe Slims Down on Wall Street
Creditor Wants Cal Neva Case in Reno
TIAA in Talks to Buy Florida’s EverBank
Apollo Global Keeps Up Buying Despite Rising Stock Markets
Michaels Buys Hancock Fabrics Brand From Bankruptcy
Kate Spade Lowers Outlook
‘Revolving Door’ Issue Needs Addressing, Says Financial Times
Blinder Makes the Case for Clinton’s Income Proposals
How Low-Skilled Workers Could Rescue the U.S. Economy
Diversifying the Fed
High-Density Housing Rises in a Historic Part of Jersey City
Humana’s Earnings Exceed Expectations
Delphi Automotive Earnings Beat Estimates Slightly
EU Antitrust Regulators Approve Vodafone-Liberty Global Venture
The Rice Cooker Has Become a Test of China’s Ability to Fix Its Economy
UniCredit Shares Fall as Capital Position Declines
ISM Nonmanufacturing Index Fell to 55.5 in July
High-Frequency Trading Firm Virtu Partners With J.P. Morgan Chase
Firm Retention Summary: Hercules Offshore Inc.
U.S. Crude Oil Inventories Rise; Gasoline Stockpiles Fall
Spectra Energy Revenue Unexpectedly Declines
ICE Revenue, Profit Beats
Occidental Petroleum Swings to a Loss as Revenue Falls
Standard Chartered Shares Soar as Bad Loans Fall
ADP Private Payrolls Rose 179,000 in July
Noble Energy’s Loss Widens
Skullcandy Agrees to Sweetened Takeover Bid From Incipio
London Luxury House Prices Keep Falling After Brexit Vote
Most Millennials Don’t See Becoming Millionaires, Study Finds
Funding Snapshot: Velostrata Raises $17.5M Series B
Clorox Earnings Fall Amid Higher Spending
DineEquity Revenue Slips on Same-Store Sales Declines at Applebee’s
Xcel Energy Results Narrowly Miss Views
Dominion Resources Operating Profit, Revenue Fall
Turkish Price Hikes Since Coup Attempt May End Monetary Easing
Office Depot to Close 300 More Stores
Iran Approves New Oil-Field Contracts to Woo Western Investors
Boutique Deal Makers Do Deals of Their Own
Teva to Buy Generics Distributor Anda From Allergan for $500 Million
Weak U.K. Data Point to Post-Brexit Economic Slowdown
Grab, an Uber Rival in Southeast Asia, Is Set to Raise $1 Billion
Tracy’s Take: Treasury Markets Go From Black to Gray
Direct Investment Matchmaker Axial Raises $14M Series C
RocketSpace Secures $336M From China’s HNA Group
ThinAir Labs Unveils Data Security Approach, $15M in Funding
Dollar Gains on Yen, Euro in Modest Rebound
ING Profit Jumps as Lending Grows
Tracy’s Take: Treasury Markets Go From Black to Gray
Creighton’s Take: Central Banks’ Zero-Sum Game
ECB Corporate-Bond Buying Cuts Borrowing Costs for Firms
India Expects Smaller Coffee Harvest
Brexit Realism for Economists
Eurozone Economy Stays on Track Despite Brexit
HSBC Launches $2.5 Billion Buyback as Profit Falls 40%
Consumer Advocates Wary of Digitally Coded Food Labels
Asian Shares Struggle With Weak Oil, Japan Woes
Bank of Thailand Stands Pat
Crédit Agricole, Société Générale Buoyed by Stake Sales
GAM Holding Hit By Slump in Performance Fees
Crédit Agricole Profit Boosted by Capital Gain
Oil Rises on Hope of Drawdown in U.S. Crude Supplies
Société Générale Profit Lifted by Stake Sale
Why Forgiving Student Debt Isn’t So Simple
Move to Cashless Payments Set to Spur Trillions in Consumer Spending, Report Says
Palank’s Take: Will Third Time Be the Charm for Caesars?
Palank’s Take: Will Third Time Be the Charm for Caesars?
Market direction: Neutral