Date: 2017-05-22 00:00:00
S&P 500 (SPY) — open: 237.33, high: 239.08, low: 237.27, close: 238.31, volume: 115011400, daily change: 0.0065
News headlines:
‘Fiduciary’ Rule to Take Effect June 9 as Review Continues
Bank of Korea Expected to Hold Interest Rates Steady
‘Still a Question Mark’ Around Full Employment, Fed’s Brainard Says
Fed’s Evans: Large Clearing Firms Need Access to Central-Bank Safety Net
Asian Shares Little Changed
Ford Looks to New CEO Jim Hackett For ‘Tech-Savvy Energy’
Brazilian Meatpacker JBS Shares Fall 30% Amid Insider-Trading Accusations
Eurozone Finance Ministers Fail to Reach Deal on Greece’s Debt Relief
Roundup of Form D Regulatory Filings--May 22
Ford Replaces CEO Amid Pressure on Profit, Share Price
Music Company Mood Media Files for Chapter 15 Protection
Market Talk: Daily Analysis Roundup
U.S. Stocks Log Third Straight Session of Gains
Arconic, Elliott Reach Deal to End Proxy Contest
Azerbaijan Bank Creditors Balk at Restructuring Plan
Solar-Energy Giant Was Manipulating Sales Data, Say Former Managers
Dollar Slips With Fed in Focus
Streaming Services Are Music to Vivendi’s Ears
More Clarity Needed From ECB on Instant Payments
Oil Hits Highest Level in More Than a Month Ahead of OPEC Meeting
Gold Hits Three-Week High as Dollar Weakens
Remember ‘Avatar’? Disney Hopes So With $500 Million Bet on Theme Park
Federal Reserve Senior Staffer Timothy Clark to Retire
Maxus Energy Wins Court Approval of Chapter 11 Plan
CBS Extends Leslie Moonves’s Contract Through 2021
One-Month Libor Hits 8-Year High
SquareTwo Backers Set Aside $1.3 Million for Creditors
Fintech’s Implications for Lending and Financial Stability
Amid Slide in DVD Sales, Redbox to Rent Some Movies Sooner
Bundesbank Head Says ECB Needs to Be Ready to Rein In Stimulus
Why Bitcoin Is Surging, Again, Up 130% This Year
Ameriforge Debt-Restructuring Deal Wins Court Approval
Fed’s Kaplan Continues to See Two More Rate Rises This Year
Mexico’s Economy Posts Steady Growth
NBER Paper Analyzes Disability Insurance in Canada Versus U.S.
Defunct Puerto Rico Bank Resurfaces for Tax Fight
Japan Can’t Devalue Its Way to Recovery
Citi Settles With DOJ Over Money Laundering
What Trump Can Learn From Iran-Contra
Fed’s Kashkari Stresses Monetary Policy Can’t Fix Economic Disparities
Huntsman Strikes Merger Deal With Clariant
More Puerto Rico Agencies Enter Bankruptcy
CME Reaps the Benefits of Its Interest-Rates Empire
Voices: How to Create a Strong Internship Program
Airbus Seeks Outside Help to Review Compliance Amid Corruption Probes
Iraq, Saudi Arabia in Last-Minute Summit to Salvage OPEC Cuts Extension
Chicago Fed National Activity Index Rises in April
Banks Want Piece of Payday Pie | Solar Firm Sunrun Manipulated Data, Ex-Managers Say | Quants, the New Kings of Wall Street | Why Fed Will Stay Central to Markets | Michaels’s Take: Consolidation to Blame for IPO Drought
Citigroup to Tap Nasdaq for Blockchain Payment Technology
Companies Winning the Battle Over Adjusted Earnings
Zakrzewski’s Take: Is Uber a Threat in Shipping and Logistics?
Scale Helps Engineers Outsource ‘Microtasks’
Echodyne Locks in Capital for Autonomous Radar Tech
German, French Finance Ministries Plan for Stronger Eurozone
Michaels’s Take: Consolidation to Blame for Collapse in Public Companies
Harrison’s Take: Pregaming the Fed’s June Meeting
Banks Want Piece of Payday Pie | Solar Firm Sunrun Manipulated Data, Ex-Managers Say | Quants, the New Kings of Wall Street | Why Fed Will Stay Central to Markets | Michaels’s Take: Consolidation to Blame for Collapse in Public Companies
German Central Bank Warns Trump’s Tax Reform Would Hurt U.S. Economy
Germany’s Bundesbank Forecasts Strong Economic Growth in Second Quarter
Economic Growth in Developed Countries Slows
Singapore Dollar Higher Against USD Late Monday
Core Volatility and the Economy
Why Millennials Are (Partly) to Blame for Housing Shortage
Oil Prices May Drop Even If OPEC Deal Is Extended
China Nearly Doubles Tax on Some Sugar Imports to 95%
Huntsman, Clariant Agree to Merge
U.S., Saudi Arabia Expect Deals, Investments Worth $300 Billion
Cathay Pacific Cuts 25% of Managerial Jobs in Bid to Stem Losses
Biswas’s Take: Chanos Warns of Dangers in Healthcare Bill
Biswas’s Take: Chanos Warns on Dangers in Healthcare Bill
Market direction: Neutral