Date: 2017-01-18 00:00:00
S&P 500 (SPY) — open: 226.31, high: 226.78, low: 225.8, close: 226.25, volume: 61240800, daily change: -0.0035
News headlines:
Wall Street Gets Back Its Groove
Woodside Expecting Production to Recover with New Projects
Australian Unemployment Rate Rises in December
Outgoing Canadian Pacific CEO and Activist Investor to Target CSX
China Central Bank’s Cash Injection Hits Weekly Record
Natural Gas Falls on Warm Weather Worries
Acquired Taste: Vegemite Gets an Australian Owner
Oil Gets a Nudge from Bullish OPEC Production Data
Market Talk: Daily Analysis Roundup
China’s Newest U.S. Deal Has a Venture Capital Twist
Summers: Repealing Liquidation Tool Would Be a Mistake
‘SIFI-Lite’: The Case for a Nonbinary Approach on Too Big to Fail
Japan’s Nikkei Gains on Stronger Dollar
Mallinckrodt Settles Antitrust Allegations on Unlawful Drug Monopoly
FCC’s TV Airwaves Auction Nears End With About $18 Billion in Bids
Livio DeSimone, a Former 3M CEO, Dies at 80
SEC Settles With MDC Partners Over Non-GAAP Measures
CP Rail CEO Harrison Leaving Early
Sumner Redstone’s Ex-Girlfriend Asks Court to Assess His Health
Financial Stocks, Dollar Rebound
POPS Diabetes Care Raises $1.2 Million for Blood-Glucose Testing
Judge Approves Hanjin Container Terminal Sale
Financial Crisis, Regulatory Agenda Shaped Obama’s Economic Legacy
CFPB Sues Navient Over Student Loan-Servicing Practices
Yellen Says Nonpartisan Fed Will Focus on the Economy
Hawkish Yellen Lifts U.S. Dollar
Court Orders N.J. Towns to Allow Affordable Housing
Analysts Expect U.S. Crude-Oil Stockpiles to Rise
Peabody Fights Bid For Equity Committee
Deutsche Bank Stops Senior Bankers’ Bonuses for 2016
Netflix’s Global Growth Fuels Surge in Subscribers
Crude Prices Fall on Dollar, Shale
The Limited’s Speedy Bankruptcy Sale Raises Concerns
Credit Suisse Finalizes $5.3 Billion Deal With U.S. Over Pre-Crisis Mortgage Securities
New York AG Investigating Reverse Mortgages at Firm Mnuchin Ran
Ending Too Big to Fail
Inflation Gauge Tops 2%, Supporting Fed’s Plan to Raise Rates
Infrastructure Delusions
Schlesinger’s Take: From Obama to Trump—The End of the Postcrisis Era
The Illusions Driving Up U.S. Asset Prices
Bank of Canada Holds Rates Steady, but Says Further Easing Is Possible
Gold Prices Decline Following Yellen Comments
Overhead Bins Not Included: More Airlines Launch No-Frills Fares
CFTC’s Lone Republican Hopes to Ease Some Postcrisis Rules
Eastern Mountain, Bob’s Stores Exploring Strategic Alternatives
Inauguration Special Report: Dodd-Frank in Crosshairs | Five Things Trump Could Do Fast | Trump’s Chance to Redefine the Regulators | Choice of Fed Vice Chair Is Key Question | CFPB, Early Battle in War on Regulation | Schlesinger’s Take: The End of the Postcrisis Era
Rural Texas Hospital Files for Bankruptcy
Goldman Sachs Results Surge on Trading Bounce
Citigroup Reports Higher Earnings
Fed’s Beige Book: Economy Continued to Expand at Modest Pace
New York Banking Regulator Attacks Federal Fintech Charter Plan
State Street to Pay More Than $64 Million to Resolve U.S. Probes
Plane-Leasing Companies Cautious on Iran Before Trump Presidency
Analysts Expect 229 Billion-Cubic Feet Drain From U.S. Natural Gas Inventories
Deal Overtures Roil Bonanza Creek Bankruptcy
Fed’s Kashkari Starts Institute to Study Economic Inequality
New York Fed to Publish Quarterly Money-Market Rates Summary
J.P. Morgan to Settle Mortgage Discrimination Suit for $55 Million
Banker Salgado Named a Suspect in Sócrates Probe
Fog Shuts Houston Ship Channel to Inbound Vessels
EU Is Hopeful Regulatory Agenda Safe Despite Trump Presidency
SEC Fines GM $1 Million for Accounting Control Failures
Discount Brokerages to Donald Trump: Keep Tweeting
Choice of Fed Vice Chair to Speak Volumes About Trump’s Wall Street Stance
CFPB Shaping Up to Be Early Battle in War on Financial Regulation
Five Things Trump Could Do Quickly in Deregulation Push
Cloudy Outlook for Housing-Finance Overhaul
Hyatt Buys Miraval Group Resort Operator
Multistate Taxpayer? How to Avoid Getting Audited
Brickley’s Take: Libby Claimants Question Reach of Bankruptcy Injunction
Brickley’s Take: Libby Claimants Question Reach of Bankruptcy Injunction
Mortgage-Rate Rise Hits Coastal Property Markets Hardest
Target Issues Profit Warning on Disappointing Holiday Sales
Abengoa Bioenergy to File Chapter 11 Plan Soon
U.S. Home Builder Confidence Slips From December, But Remains High
McConnell Introduces Bill to Fund Coal Miner Health Plans
U.S. Dollar Up Against Pound
Charles Schwab Profit Climbs on New Accounts
U.S. Industrial Production Rose 0.8% in December
Creighton’s Take: Europe’s ‘Bank Bias’ Is Culprit Behind Basel Delay
Technology Seen Helping—And Hurting—Bank Results
OPEC Says Oil Output Fell After Production Deal
Northern Trust’s Profit, Revenue Grow
Ross to Sever Ties to Firm to Avoid Conflict | Mnuchin Followed Own Rules | Thesys Wins CAT Gig | Deutsche Bank Completes Crisis Settlement | Democrats Defend Cordray | Creighton’s Take: Europe’s ‘Bank Bias’
U.K. Labor Data Offer Mixed Signals
The Fight Over Funds Offered to Hartford Annuities Holders
Pearson Shares Dive on Profit Warning
Fastenal Sales Rise
Inflation Spreads Across Eurozone
Trump Aide Sells China an Entree to Wall Street Hedge Funds
Chernova’s Take: The Late-Stage Venture Stalemate
RelateIQ Alumni Land Series A for Developer Tools
U.S. Bancorp Profit, Revenue Rise on Loans
Eli Lilly to Buy Migraine Drug Developer
Memorial Production Partners Bankruptcy Receives Approvals
InsideSales.com Raises $50 Million in Slight Up Round
Fairless’s Take: Draghi to Test Investors’ Patience as ECB On Hold
Ross to Sever Ties to Firm to Avoid Conflict | Mnuchin Followed Own Rules | Thesys Wins CAT Gig | Deutsche Bank Completes Crisis Settlement | Democrats Defend Cordray | Creighton’s Take: Europe’s ‘Bank Bias’
Ending Too Big to Fail
Collibra Carves Out Role as Guardian of Corporate Data
Trump Victory Slows Business Investment in Iran
Bayer Joins Jobs Parade
Asian Shares Mixed as Traders Mull Trump Policies
Property Taxes in New York City Skyrocket
Bank Indonesia Expected to Hold Rates Steady
Dodd-Frank in Crosshairs as Law’s Opponents Take Power
Market direction: Neutral