Date: 2016-07-06 00:00:00
S&P 500 (SPY) — open: 208.95, high: 209.08, low: 207.71, close: 208.41, volume: 109803700, daily change: -0.0072
News headlines:
Oil Prices Buoyed By Likely Reduction in U.S. Crude Stocks
CBS Plans to Spin Off Radio Business
KKR Buys Stake in U.K. Cybersecurity Company
Mixpanel Agrees to Settle Employee Class-Action Suit for $750K
North Carolina Adopts Comprehensive Digital Currency Law
Avant Aims to Cut Loan Volume by as Much as Two-Thirds
What’s the Picture for the Global TV-Set Market?
How Europe Should Respond to Brexit
Fed Rates Are the Wrong Tool to Fight Bubbles
If Europe is to Survive Brexit, It Must Fix its Banks
Fed Technical Error Skewed Release of June Minutes News
Stock Returns and Future Tense Language in 10-K Reports
Do People Carry Cash?
Video: Tarullo on the Macroeconomic Environment
The Science of Monetary Policy
Video: Tarullo on Adjustments by Firms, Regulators
Video: Tarullo on What Inning We Are In
Bridgewater’s Flagship Fund Falters as Another Thrives
Yuan Shorts Are Back in the Game
Fed’s Tarullo Sees More Changes for Big Banks
The Big-Bank Bloodbath: Losses Near Half a Trillion Dollars
Video: Tarullo on Brexit Turbulence
U.S. Stocks Rise, Led by Riskier Sectors
Roundup of Form D Regulatory Filings--July 6
Andrew W.W. Caspersen Pleads Guilty to Stealing Millions From Investors
Video: Tarullo on Raising Interest Rates
Fed Minutes: Officials Divided on Rate Path
House Passes Bill to Curb Financial Abuse of Seniors
Switch to Low-Carbon Economy Could Disrupt Financial Markets
ECB President Decries Slovenia’s ‘Unlawful Seizure’ of Bank Materials
Analysts See Small Addition to U.S. Natural-Gas Inventories
U.S. Crude-Oil Supplies Seen Decreasing
Crude-Oil Prices Gain in Tandem With Stocks
Accenture CEO Recently Diagnosed With Colon Cancer
Jury Awards $5.1 Million in Case Against DuPont
Western Digital Names New CFO, Boosts Guidance
Macroprudential Policy and Meeting Stability Goals
Dollar Slips on Fed Minutes
Report Says Some Banco Espírito Santo Creditors Deserve More Compensation
Natural Gas Rebounds from One-Week Low
Walgreens Warns of Uncertainty in the U.K. as Profit Slips
Key Passages From Fed Minutes Show Worry About Job Growth, Brexit Fallout
Light Captures $30M for Camera Production
Linn Energy Creditors Object to Use of Cash
AstroTurf Files for Bankruptcy
CFPB Seeks $146 Million From Debt-Settlement Firm
D.E. Shaw Strikes Deal for California Solar Project
Italian Regulator Bans Shorting of Monte Paschi for 3 Months
Brazilian Auto Sales, Production, Exports Drop in First Half
Voices: A Retirement Tip for Clients Who Are Federal Employees
McDonald’s to Expand All-Day Breakfast Menu
PepsiCo Earnings: What to Watch
Poland’s Central Bank Leaves Interest Rates Unchanged
Centerra Gold to Buy Thompson Creek Metals
U.S. Service Sector Expanded in June
Pimco Beefs Up Emerging-Markets Investing Team
Kinder Morgan, Nucor Agree to $900 Million Service Deal
Firm Retention Summary: Maxus Energy Corp.
Firm Retention Summary: iON Worldwide Inc.
Cohen’s Take: Relativity Could Miss $30 Million Payment
U.S. Trade Gap Widened in May
Pinterest Takes a Shot at Camera-Search Technology
German Finance Minister Weighs In on Italy’s Banking Burden
Fed’s Tarullo Wants More Evidence of Inflation Before Raising Rates
New York Fed’s Dudley Anxious About 10-Year Treasury Yield
Financial Services Will Bear Brunt of Brexit, New EU Finance Chief Says
U.S. Retail Sales Fell in June -- Redbook
Jury Clears Former Thornburg Executives of Some Charges
Pfizer Offers $20 Million for Bind Therapeutics Assets
Lender, Watchdog Object to Aéropostale Bonuses
Hungary Central Bank May Turn to Unconventional Tools
SynCardia Files for Bankruptcy, Seeks Sale to Versa
PBOC Commentary: China’s Yuan to Remain Stable Against Currency Basket
Near-Term Calm, But More Sterling Falls Ahead
Japan’s 20-Year Bond Yield Turns Negative
SFO Seeks Retrial of Two Ex- Barclays Libor Traders
Noranda Creditors Warn Against Sale of Foil Business
Hostess Brands to Go Public After Purchase by Gores
Russia’s Sovcomflot Set to Buy Primorsk Fleet
China Imposes Forex Rule on Foreign Banks
Arch Coal Reaches Deal With Creditors for Bankruptcy Exit
Japanese Officials Retreat on Currency Rhetoric Despite Yen’s Rise
Weekly Chain-Store Sales Fall Slightly
Success of Pharma Immunotherapies Sparks Race Among Biotech Startups
Tracy’s Take: A Postcrisis First—Bank of England Relaxes Capital Rule
India’s Internet Startups See Sharp Decline in Funding
Tracy’s Take: A Postcrisis First—Bank of England Relaxes Capital Rule
U.K. Insurer Aviva Pledges Fatter Dividend Amid Brexit Turmoil
Hilsenrath’s Take: Carney Tests The Powers Of “Macroprudential” Policy
Networking Company Veriflow Raises $8.2M Series A
Bank of France Chief Says Paris Well Placed to Benefit From Brexit
China Banking Regulator Rolls Out New Rules on Risk Management
Melrose, U.K. Turnaround Specialist, Buys Nortek for $1.44 Billion
Asia Shares Drop as Brexit Uncertainty Persists
Japan’s 20-Year Government Bond Yield Goes Negative
The Financial Stability Risks Around Carbon-intensive Investments
British Pound Plunges Further in Asia as Investors Run to Yen
China Cosco to Invest Over $552 Million in Port of Piraeus
Gold Hits New Two-Year High
Oil Prices Lose Ground in Early Asia Trading
Melrose’s Nortek Bid Counters Expectations for M&A Involving U.K. Firms
Transcript: Q&A With Fed Governor Daniel Tarullo
Businesses Say Tax Proposal Goes Too Far
American Airlines Plans Faster Screening Lanes at Some Hubs
Market direction: Neutral