Date: 2016-12-05 00:00:00
S&P 500 (SPY) — open: 219.67, high: 220.25, low: 219.26, close: 219.68, volume: 74840300, daily change: 0.0005
News headlines:
BHP Billiton Wins Trion Oil Field Bid
Oil Futures Ease From Highs in Asia Amid Profit Taking
Australia’s Central Bank Keeps Rates Unchanged
India’s Central Bank Expected to Cut Rates
Origin to Sell Oil-and-Gas Operations Through IPO
Real Estate Patriarch Jack Rudin Dies
OPEC to Seek More Oil-Output Cuts from Nonmembers
Italy Voters Deliver Blow to Battered Euro Project
Australia Current Account Deficit Narrows Sharply in 3Q
European Companies With Chinese Supply-Chains Brace for Anti-Dumping Rules
Accompany Raises $20 Million, Led by Ignition Partners
Trump Education Secretary Pick Has Indirect Stake in Student Lender
Nikkei Up as Fears Ease Over European Instability
Buffett, a Trump Critic, Is a Big Winner in Election Rally
Japan Overall Cash Wages Up 0.1% in October
Caesars Creditors Vote in Favor of Restructuring Plan
Roundup of Form D Regulatory Filings--Dec. 5
Texas Labor Union Files For Bankruptcy
Bob Evans’s Results Take Hit From Sluggish Sales, Note Impairment
Electric Plane Maker Lilium Aviation Lifts Off With Funding
CFTC Leaves Shaping Position Limits Rule to Trump Administration
Brazil’s JBS Plans U.S. IPO for Foods International Unit
Biden Defends Dodd-Frank, Other Obama Financial-Regulation Policies
There’s Still Hope for Italy’s Banks
U.S.-Stock Funds Post a Roaring November
Fed Officials Say Trump’s Plans Could Change Rate Increase Plans
Brazil’s Petrobras to Raise Gas and Diesel Prices
Deloitte’s Brazil Affiliate Fined $8 Million
Kinder Morgan Sees $3.2 Billion Capital Budget
Banking and Finance Firms Score High on LGBTQ Inclusion
What the Man Who Predicted Dow 20000 Is Saying Now
Dollar Falls as Euro Rallies
Transcript: Fed’s Evans Q&A With Reporters in Chicago
Rizzo’s Take: The Ripple Effect of Retailer Liquidations
Under Armour Sets MLB Deal
Fed’s Bullard Still Supports Single Rate Increase
Aetna and Humana Defend Merger, as Antitrust Trial Begins
Stocks Rise, Euro Recovers After Italy Referendum Result
Transcript: Fed’s Charles Evans Addresses Executives’ Club of Chicago
Breitburn Seeks Extension of Bankruptcy Loan
Study: Bankruptcy Loan Roll-Ups Persist
What to Do When You Inherit Stock
Is Starting a ‘529’ Worth It?
Investors Buy TIPS Funds After Trump
Trump Shuffles the Ideological Deck
Fed’s Lacker Says Keeping Rates Low to Help Minorities Could Backfire
FCC Airwaves Auction Fails Again to Draw Enough Bids
Natural Gas Rises to Nearly Two-Year High
Goldman Sachs Reshuffles Its ‘Bankers to Banks’
Oil Prices Continue OPEC Rally
Middle-Market Woes Inspire Starbucks’s Bet on Luxury Coffee
Italy Vote Increases Pressure on Banks
Werthan Packaging Files for Bankruptcy
Fed Outlines Approach to Monitoring Fintech
Limitless Mobile Files for Chapter 11 Bankruptcy
Gold Falls on Interest-Rate Outlook
Cheung Kong Bids $5.4 Billion for Australia’s Duet Group
BlackRock Names BuzzFeed Executive as Chief Marketing Officer
BOE’s Carney Weighs In on Globalization Debate
Fed Research Urges More Study of Fintech Links to Financial Markets
Terraform Power Reports Net Loss for 2015
CFTC Chief to Outline Plans for Position Limit Rule
United Continental Mechanics Approve New Labor Deal
Firm Retention Summary: Xtera Communications Inc.
Wal-Mart Reaches Settlement in Same-Sex Spouse Benefits Complaint
Pratt & Whitney Union Members Approve Five-Year Contract
Italian Debt Yields Rise on ‘No’ Vote
Limited Stores Begins Layoffs Ahead of Possible Sale
Hotel-Search Firm Plans IPO of Up to $428 Million
Weidmann: ECB Decisions Must Be Based Just on Inflation
UniCredit in Talks to Sell Pioneer Investment Unit to Amundi
Hurricane Matthew Weighed On Spending in October, Fed Researchers Find
Insurance Startup Lemonade Raises $34 Million
When the Fed Leader Speaks, Asset Prices Swing, Research Shows
Iran Shipping Lines Close to $650 Million Korean Order
Shenzhen-Hong Kong Trading Link Gets Off to Slow Start
U.S. Service-Sector Activity Surged in November
Fed’s Dudley Welcomes Bond Market’s Recent Selloff
General Mills to Cut Up to 600 Jobs Amid Restructuring
Fed’s Evans Expects U.S. Economic Strength to Continue
Trump Targets Second Indiana Plant Over Plans to Shift to Mexico
Conference Board’s Employment Trends Index Rises to 129.96
Who Owns Key Gene Technology? Question Heads to Court
Mexico’s Cemex Seeks Control of Trinidad Cement Ltd
Bain: Think Again Before Investing in Western Europe
What Is a ‘Moat’ and Why Does It Matter?
Fed’s Dudley Says It’s Reasonable to Expect a More Aggressive Fed
Liberty Mutual to Buy Ironshore
Trump Warns Another U.S. Company
Voices: How to Get Involved in Venture Investing
LPL Chief Executive Mark Casady to Retire
Auto Lenders Scale Back on Subprime Loans
Italy Vote Banking Fallout | Trump’s Economic Team Comes Into Focus | Fintech Regulation: OCC Gives Sector Win, Fed to Set Own Approach | Volcker Think Tank: CCPs Should Be Nonprofits | Witkowski’s Take: Fintech Charter Hurdles
Transformation At A Price
Big Food Tests Consumer Appetite for Meal Kits
Witkowski’s Take: Fintech Charter Comes With Hurdles
Garland’s Take: M&A Powers Venture Capital
Mobile Lending Startup MoneyLion Eyes $22 Million in Backing
Italy Vote Banking Fallout | Trump’s Economic Team Comes Into Focus | Fintech Regulation: OCC Gives Sector Win, Fed to Set Own Approach | Volcker Think Tank: CCPs Should Be Nonprofits | Witkowski’s Take: Fintech Charter Hurdles
Tyson Launches Venture-Capital Fund
Central Counterparties Should Be Nonprofits, Volcker Think Tank Says
NEA Leads $55 Million Series C in Datrium
Hannon’s Take: Here We Are, Diverging Again
ECB’s Nowotny Says Italy May Need to Fund Struggling Banks
There’s a Big New Investor in Stock Markets: The State
Eurozone PMI Growth Hits 2016 High, but Weaker Than First Estimate
RBS Settles Dispute With Three Shareholder Groups
EUR Off Lows But Still Weak After Italy Vote
Asian Shares Down on Italian Referendum Jitters
Euro Falls After Italians Reject Constitutional Overhaul
Bank of France Chief Sees Brexit Offering Chance for Stronger Union
Yuan, Taiwan Dollar Slip After Trump Tweets Criticism of China
India Services Activity Contracted in November
BOJ’s Kuroda Urges Better Understanding of New Financial Transactions
IBM CEO Joins Trump Business-Policy Advisers
Bloomberg Expands Effort to Curb Tobacco Use World-wide
Market direction: Neutral