Date: 2016-07-12 00:00:00
S&P 500 (SPY) — open: 213.19, high: 214.07, low: 212.95, close: 213.4, volume: 73633900, daily change: 0.0035
News headlines:
Large Holder Of Valeant Exited Stake Over Last Quarter—Letter
Fed’s Mester: Too Soon to Judge Impact of Brexit on U.S.
Nikkei Restores Pre-Brexit Levels Amid Policy Expectations
Live Video Discussion: Will the Fed Raise Rates in June?
Lawsuit Casts Shadow Over Hyperloop One
Roundup of Form D Regulatory Filings--July 12
Grow Raises $11M for Data Analytics Aimed at Small Businesses
Biotech Stock Gains May Signal Investor Return to Riskier Assets
Dow Surges to Record, Ending Dry Spell
Lawsuits Push Gawker’s Nick Denton to Brink of Bankruptcy
Accused ‘Spoofer’ Can Keep Trading, With Limits, Judge Rules
Cattle Futures Driven to Five-Year Lows
Wells Fargo Launches Search for New Brokerage Head
Juno to Resume Clinical Trial of Anticancer Treatment
House Lawmakers Consider Whether to Regulate Marketplace Lenders
Designer Max Azria No Longer Running His Fashion House
Fed’s Kashkari: Economy Seems to Be Doing Well
Market Rally Juiced by Stock Buybacks
Amgen Biosimilar Gets Thumbs-Up From FDA Panel
Teva Raises Guidance
United Continental to Book $434 Million in Charges
Wells Fargo Retail Head to Retire
Essar Steel Seeks to Complete Minnesota Iron Ore Plant
U.S. Oil Inventories Expected to Decline
Sempra Unit IEnova Tweaks Pemex Pipeline Deal
Dollar Falls Against Most Currencies
ValueAct to Pay $11 Million to Settle Justice Department Suit
Partisan Split Emerges Over GOP Plan to Revamp Financial Rules
American Airlines to Renew Credit-Card Deals
Alere to Voluntarily Pull Blood-Monitoring Devices
Dow, S&P 500 Close at Record Highs
Palank’s Take: Releases Tested in Alpha Restructuring
OPEC Sees Brexit Risk to Oil Demand, Slide in Non-OPEC Supply
Energy Future Unit Lining Up New Loans for Bankruptcy Exit
Fed Approves KeyCorp-First Niagara Bank Deal
Back in the Spotlight: The Central Banker Who Is ‘Running’ Britain
Airbus Cuts A380 Production Plans
Nexen to Idle Oil-Sands Facility After Accidents
London Can Kiss Goodbye Fintech Startup Growth
Natural Gas Rises on Weather-Driven Demand
Major U.S. Brewers Will Add Nutrition Labels By 2020
Voices: How Financial Advisers Can Hone Their Presentation Skills
Prosecutors File Criminal Charges Against Proxy Firm Employees
Starbucks Raises Prices on Some Drinks
Merck to Cut Research Jobs at Three East-Coast Sites
EU Commissioner Says Excessive Regulation Hurts Growth
Gold Retreats as Investors Take On More Risk
Honeywell, Airbus to Develop System to Avert Runway Excursions
EIA Predicts Falling Gasoline Prices This Summer
Credit Card Companies Screen for Biases
Half of Fed Banks Wanted Discount Rate Increase in June
Saab Eyes Canadian Fighter Aircraft Competition
Firm Retention Summary: Vertellus Specialties Inc.
Funding Snapshot: Sapience Therapeutics Raises $22.5M Series A
Fed’s Bullard Questions Democrats’ Position on Bankers
Citigroup to Pay $7 Million Penalty Over Incomplete ‘Blue Sheet’ Data
Santander Consumer USA Chairwoman Resigns for Broader Role
UniCredit Launches Sale of a Stake in Polish Bank Pekao
Wall Street Debt Investors Circle Permian Resources
Bank of Canada Expected to Keep Rate Unchanged, Show Caution
LendingClub’s Newest Problem: Its Borrowers
Subprime Auto-Loan Loss Expectations Rise
Ex-Barclays Banker Pleads Guilty to Passing Insider Tips to Plumber
Business Group Pushes Fed to Do Cost-Benefit Analysis of Regulations
J.P. Morgan to Raise Pay for Lower-Tier Employees
Britain Is Open for Business
Eurozone House Prices Rise at Fastest Pace in Eight Years
Slump Might Turn Anti-Bank SoFi Into a Bank
Spain and Portugal’s Budgets Found Wanting by EU Ministers
BOE’s Possible Rate Cut Won’t Offset All Brexit Ills, Say Economists
Key Points From Commissioner Hill’s Speech
BlackRock Hires Credit Suisse’s Vasan Amid Push to Attract Retail Investors
Earthquakes and Storms Raise Costs of Natural Disasters
Airbus Sees Pressure to Raise Aircraft Production
Fed’s Bullard Sees Modest Growth and Flat Rates Over Next Few Years
Funding Snapshot: Service-Contract Software Company SirionLabs Raises $12.25M Series B
Portugal’s Central Bank Names New Novo Banco Leader
Hungary to Limit Access to Key Facility to Boost Lending
EU Finance Ministers Warn Over New Basel Banking Standards
Google Gets Extension on EU Antitrust Charges
Abe’s Victory Simplifies His Agenda
Sheriff: Michigan Inmate Who Killed Two at Courthouse Was Handcuffed
San Francisco Fed Post Finds Communication Effective in Keeping Yields Down
Temasek Unit Leads Investors in ONE Championship Startup
Sage Shares Jump on Postpartum Depression Drug Trial Results
Fitzgerald’s Take: Oil Bust Pushes Bankruptcies Higher
SolidX Bitcoin Trust Files for IPO
Fitzgerald’s Take: Oil Bust Pushes Bankruptcies Higher
Retail Sales Edged Down in July
IMF Expects Brexit to Affect France’s Economic Growth
Fed’s Tarullo: Better Regulation of Short-Term Funding Needed
Pound Rises Against the Dollar
Qatar National Bank’s Profit Up as Lending Swells
Pokemon Go Called a Boon to Augmented-Reality Startups
Weekly Chain-Store Sales Fall
Freshly Raises $21M Series B For Healthy Meals By Mail In Crowded Field
Chernova’s Take: Online Lenders Bailing Out From Sunk Costs
After a Dismal First Half, Japan’s Markets Sparkle This Week
Hilsenrath’s Take: New Stock Market Record Doesn’t Feel Like a Bubble
Ashley Madison Parent Rebrands Itself as Ruby Corp.
Hayashi’s Take: Payday Crackdown—Lessons from Japan
Hayashi’s Take: Payday Crackdown—Lessons from Japan
Hedge-Fund Manager Wins Big at ‘Pokémon Go’
Carney Defends Bank of England Warnings Over Brexit Risks
Bernanke Says Bank of Japan Still has Tools for Further Easing
Small-Business Confidence Continues to Improve in June
Qatar Airways Plans to Take 10% Stake in LATAM Airlines
Pokémon Mania Sets Tone for Day Two of Japan Rally
Despite Defaults, China’s Zombie Companies Stay Alive
BOK Likely to Stand Pat This Week
Japan Inflation Expectations Weakest Since Abe’s Return to Power
Codecademy Enrolls $30M for International Expansion
South China Sea Tensions Leave Oil Potential Untapped
Market direction: Neutral