Date: 2016-07-20 00:00:00
S&P 500 (SPY) — open: 215.92, high: 216.23, low: 215.63, close: 216.19, volume: 54345700, daily change: -0.001
News headlines:
Oil Prices Buoyed by Drawdown in U.S. Crude Stocks
Malaysia Stocks Underperforms Asia Markets as 1MDB Scandal Drags
How Dollar Shave’s Michael Dubin Turned a Funny Video Into $1 Billion
Regional Bank F.N.B. to Expand South
Woodside Petroleum’s Production, Revenue Falls
Urban Sanctuary Takes Shape at 50 West Street
Justice Department Clears AB InBev’s Takeover of SABMiller
In Properties Targeted in 1MDB Case, a High-End House Tour
How Popular Is Home Solar Energy?
Morgan Stanley CEO Curbs Enthusiasm on Bond-Unit Progress
Citadel Hires Portfolio Managers From Shuttered Hedge Fund Visium
Tech Shares Lead U.S. Stocks Higher
AmEx Profit Rises on Gain Tied to Costco Portfolio Sale
Cryptocurrency Platform Ethereum Gets a Controversial Update
Canadian Music Rights Company Acquires Royalty Collection Startup
Brexit Saps Demand for U.K. Commercial Property
Roundup of Form D Regulatory Filings--July 20
Tractor Supply Profit Rises 2%
U.S. to Charge Duties on Some LG, Samsung Washing Machines
Barbie Sales Soar but Loss at Mattel Widens
Twin Cities Archdiocese Admits Wrongdoing in Abuse Coverup
Qualcomm Chip Shipments Power Quarterly Results
Kinder Morgan Revenue Falls
Brazil’s Central Bank Leaves Benchmark Rate Unchanged
Lufthansa Issues Profit Warning, Cites Recent Terror Attacks
New Zealand Central Bank Clears Path to Rate Cut
Jury Acquits Former Johnson & Johnson Unit Execs of Felony Fraud
Caesars Judge Warns of Possible Sanctions for Jones Day, Bondholders
Dollar Hits Four-Month High
Gormley’s Take: Crossover Investors Vital to Health Care
Southwest Airlines Experiencing Tech Outage
Emerald Seeks to Retain Control of Bankruptcy
U.K. Economic Surveys Paint Mixed Picture Post Brexit
Dollar Shave Club’s $1 Billion Deal: A Win for Simplicity Over Technology
Teamworks Raises $6.25M to Back App for Sports Work Collaboration
Investors Revisit Due Diligence in Wake of Theranos
Sprinklr Raises $105 Million to Grow Social Media Management Software
C&J Energy Services Files for Bankruptcy
Natural Gas Drops on Oversupply Worries
Tianjin Tianhai Delays Vote on Ingram Micro Deal
Analysts See Increase in U.S. Natural-Gas Inventories
Republic Airways Wins Court Approval for Bankruptcy Bonuses
Oil Prices Rebound From Two-Month Low
Dow, DuPont Merger Wins Shareholder Approvals
Abbott Labs Profit Tops Views
Canadian Pacific Revenue Falls 12%
Halliburton Swings to Loss but Signals Upturn
Gold Falls as Economic Outlook Brightens
‘Direct’ Repo Loans Gaining Traction as Banks Step Back
S&P Cuts Turkey’s Ratings Deeper Into Junk Territory
Swiss Working to Fulfill U.S. Assistance Request Over 1MDB
Business Regulation and Brexit
Online Tool Makes It Easier to Track Money-Market Funds
Saudi Arabia Boosts Natural-Gas Output
Lawyers: Energy Future Likely to Dodge $4 Billion Tax Bullet
Linn Executive Bonus Request Runs Into Headwind
Chinese Buyers Aim to Grab Italian Soccer Club AC Milan
New Man in Charge at Man Group
SABMiller Board Expected to Discuss AB InBev Offer
Pimco’s New Turnaround Man: Manny Roman
Cintas Uniform Business Buoyant Amid Energy-Sector Weakness
Morgan Stanley’s Wealth Unit Yields Stability for Bank
Canada’s Enbridge Fined for 2010 Michigan, Illinois Oil Spills
Essar Steel Minnesota Lines Up $35 Million Bankruptcy Loan
VW Diesel Scandal Hurts Second-Quarter Profit
Social Interactions Affect Traders’ Decisions
Bank Indonesia Expected to Cut Rates
At Comic-Con, Hollywood Shares an Increasingly Crowded Stage
Chairman of Greece’s Piraeus Bank Resigns
Unburdening the Facebook Generation
Firm Retention Summary: Gardens Regional Hospital and Medical Center Inc.
Student Debt Helps, Not Harms, the U.S. Economy, White House Says
TE Connectivity Profit Beats as Expenses Fall
U.S. Crude Supplies Fall; Gasoline Stockpiles Rise
Northern Trust’s Revenue Climbs
European Consumer Confidence Weakens After Brexit Vote
St. Jude Medical Logs Double-Digit Sales Growth
Spotify Rolls Out Programmatic Ad Buying
Brazilian Logistics Startup Raises $10 Million From Goldman, ex-Uber Exec
Tupperware Lowers Guidance as Strong Dollar Hurts Results
Qualcomm Earnings: What to Watch
U.S. Dollar Hovers Near a Four-month High
Private Debt Piles Loom Over Emerging Economies
Vietnam Lifts Foreign-Ownership Limit on Vinamilk
M&T Bank’s Profit and Revenue Increase
Temasek Offers to Buy Out Singapore’s SMRT
Akili Interactive Labs Boosts Series B  Round to $42.4M
Education Technology Funding Slows in First Half of 2016
Unilever Gets More Than a Name in Dollar Shave Club
Tracy’s Take: The Shifting Rationale for Breaking Up Big Banks
EU Approves Airbus and Safran’s Purchase of Arianespace
Brandcast Raises $13.9M Series A
Tracy’s Take: The Shifting Rationale for Breaking Up Big Banks
Hilsenrath’s Take: Dollar and Domestic Data Drive Fed Rate Outlook
Italy’s Bail-In Headache
Asian Shares Mostly Lower as U.S. Dollar Rises, Japan Earnings Loom
Finance and Growth
Eurozone Current Account Surplus Falls in May
Abu Dhabi Fund Sees China and India Driving Growth
U.S. Set to Seize $1 Billion in Assets Tied to Malaysian Fund 1MDB
Nordea Blocks 68 Suspicious Accounts After Panama Papers Probe
SAP Profit Ascends on Cloud Growth
Art Sales Suffer Global Slump
P&G Starts Online Subscription Service for Tide Pods
Video: Theranos and Startup Transparency
Gleason’s Take: Do Lenders Share Blame for Retail Liquidations?
Gleason’s Take: Do Lenders Share Blame for Retail Liquidations?
Unilever Paying $1 Billion to Acquire Dollar Shave Club
Startup Due Diligence in the Digital Age
Synthorx Raises $10M Series B for Novel Protein Therapeutics
Market direction: Neutral