Date: 2016-05-05 00:00:00
S&P 500 (SPY) — open: 204.99, high: 205.85, low: 204.42, close: 205.01, volume: 92243800, daily change: -0.0056
News headlines:
Goldman Sachs Cuts More Jobs
Oil Futures Ease in Asia as Traders Weigh Supply Disruptions
GM, Lyft to Test Self-Driving Electric Taxis
Malaysia Stocks Drop Alongside Regional Markets
Breeders Stew Over How to Slow Pace of Chicken Growth
Former Ranbaxy Owners Ordered to Pay $385 Million to Daiichi Sankyo
Redstone Lawyers Allege Herzer Lied,   Kept Him From Other Women
RBA Cuts Inflation Forecasts Sharply
California Governor Signs Bill Raising Tobacco-Purchase Age to 21
Rio Tinto Not Retreating Under Incoming CEO
Japan’s Abe Signals Willingness to Respond to Yen Fluctuations
SeaWorld Gives Downbeat Guidance
Obama Administration Adopts Rule to Fight Money Laundering, Tax Evasion
Auditing the Auditors: U.S. Rethinks Approach
Endo Cuts Annual Guidance on Impairment Charge
Cerner Gives Cautious Quarterly Guidance
Tesla Shakes Up Market for Lithium, Other Metals
Grupo Televisa Orders Probe Into Anonymous Letter’s Allegations
Fading Oil Rally Keeps Lid on U.S. Stocks
Cumulus CEO Aims to Revive Radio Broadcaster
Sanofi: Will Try to Oust Medivation Board Unless Deal Talks Start
Gemini Trust Co. Wins New York  Approval for Ether Trading Platform
Fed’s Kaplan: Will Support Summer Rate Rise If Economy Picks Up Pace
Roundup of Form D Regulatory Filings--May 5
Square’s Loss Widens as Operating Expenses Surge
Banks Skewer Proposal Limiting Arbitration
Wynn Resorts Swings to Profit
Bangladesh Central Banker to Meet With Top Fed, Swift Officials
CFPB’s Arbitration Rule Gets Thumbs-Up From Hillary Clinton
Caesars Entertainment Corp. Swings to First-Quarter Loss
Herbalife Nears Resolution of FTC Probe
Fitch Downgrades Brazil
EOG Revenue Falls
Regulators Pressed to Step Up ‘Volcker Rule’ Monitoring
Bats Profit Doubles in First Earnings Report Since Going Public
Asian Morning Briefing: U.S. Stocks Give Up Gains
Dollar Rises Ahead of U.S. Jobs Report
Yelp Raises Annual Revenue Guidance
Bitcoin’s Purported Father Pulls Offer of More Evidence
Manulife Financial’s Profit Climbs 45%
DreamWorks Animation Swings to a Profit
Wireless Firms Roam the Globe for Customers
Fed’s Lockhart Says He Is ‘on the Fence’ About June Rate Rise
Copper Settles Lower In U.S. Trading Amid China Concerns
Online Small-Business Lenders Agree to Improve Rate Transparency
Natural Gas Falls as Glut Causes Retreat
L Brands Shares Tumble on Weakness at Victoria’s Secret
Oil Pulls Back After Approaching 2016 Highs
It’s Time to Return Fannie and Freddie to Private Ownership
Voices: Help Potential Trustees Understand Their Duties
NYC Recommends Approval of Cablevision Sale to Altice, With Conditions
Two Electric-Car Charging Companies Land Big Investments
Gold Gives Up Gains on Stronger Dollar
Bank of Mexico Keeps Interest Rates on Hold
Martin Marietta Tops Views
How Does Competition Caused by Deregulation Affect Liquidity?
Operator of Crashed Helicopter Files for Bankruptcy Protection
Fed’s Williams Calls 2 or 3 Rate Increases This Year ‘Reasonable’
Apollo Global Swings to Loss, Misses Expectations
Proposed Rule Would Allow Consumers to Sue Banks
Kellogg Cereals Gain Market Share
BP to Open Iran Office, Iranian Firm Says
Regeneron Raises Sales Expectations for Eylea
Fashion Site Farfetch Gathers $110M for Asia Expansion
Canada’s National Bank to Book Oil Loan-Related Provisions
Discovery Communications Raises Earnings Guidance
Fed’s Bullard: Not Ready to Commit on June FOMC Decision
FDA to Regulate E-Cigarettes, Ban Sales to Minors
Fannie Mae to Pay $919 Million Dividend to U.S. as Profit Falls
Canada Supreme Court Rebuffs Appeal From Nortel Bondholders
Funding Snapshot: Silicon Wafer Manufacturer 1366 Raises $10M
Turkish Markets Swing Amid Power Struggle
Today’s Markets: A Place Where Nothing Makes Sense
Bank of the Ozarks Defends Financial Position
Fed Study Looks at Effect of Trade Liberalization on Elections
Apache Adjusted Loss Not as Wide as Feared
Merck Revenue Falls on Generic Competition
Biotech Drug Knockoffs Bring Paltry Savings
MGM Resorts Profit Slumps
U.S. Jobless Claims Rose, but Still at Historically Low Levels
Chesapeake Energy Loss Narrows
Canadian Natural Posts Loss Amid Lower Oil Prices
DineEquity Profit, Revenue Miss on Weakness at Applebee’s
Occidental Petroleum Posts Profit Amid Cost Cutting
Dollar Remains Firm Ahead of Jobs Report
Demise of €500 Note Doesn’t Herald End of Cash, Mersch Says
Hungary’s Central Bank Launches New Incentive to Boost Lending
AmerisourceBergen Shares Slide on Guidance Cut
Avon Loss Worsens
Hong Kong Stock Exchange Calls Out J.P. Morgan
Schlesinger’s Take: Wall Street Braces for Trump vs. Clinton
As Investments Cool, Do Startups Miss Out?
Ford Invests in Pivotal to Soup Up its Software
Club W Rebrands as Winc, Raises $17.5M
Consumer Goods Marketplace RangeMe Raises $4M
Airbnb Builds on Apache Spark Work With Mobile Matching Engine
Transportation Service Via Raising $100M for Expansion
Philippine Central Bank Says Likely to Hold Policy Steady
Becton Dickinson’s Revenue Continues Surge
Eonite Perception Spots $5.3M to Improve Virtual-Reality Tracking
Time Results Better Than Expected
Buell’s Take: Draghi and Weidmann Tell Germans to Be Less German
Schlesinger’s Take: Wall Street Braces for Trump vs. Clinton
Asian Shares Mostly Lower
Ethiopians Desperate to Keep Their Coffee Fix
Philip Lowe Named Next Reserve Bank of Australia Chief
Barclays Raises Nearly $900 Million in African Stake Sale
Emerging Markets Should Go for the Gold
Fed’s Bullard Offers No Clues on June FOMC in NY Times Interview
Rio Tinto’s Incoming CEO Focused on Cash, Projects
Australia March Trade Deficit Narrows
U.S. Firms Expected to Issue More Debt in Europe, With ECB as Buyer
Market direction: Neutral