Date: 2017-05-23 00:00:00
S&P 500 (SPY) — open: 238.9, high: 239.71, low: 238.82, close: 239.52, volume: 61010600, daily change: 0.0051
News headlines:
Oil Continues to Gain Ahead of OPEC Meeting
Asian Stocks Up as Focus Shifts From U.K. Attack
Fed’s Harker Sees Two More Rate Increases This Year As Appropriate
Roundup of Form D Regulatory Filings--May 23
Brazil’s Odebrecht Energy Unit Renegotiates $5 Billion in Debt
Proxy Firms Back Activist’s Nominees for Taubman Centers Board
Blockchain Firm R3 Raises $107 Million
Trump Budget Sees Big Savings From Defunding Consumer Watchdog
Oil’s OPEC Rally Reaches New Highs
Fiduciary Rule Survives Critics for Now
Market Talk: Daily Analysis Roundup
Europe’s Economy Keeps Running With the Bulls
U.S. Stocks Up, Led by Bank Shares
Judgment Sought on House of Chicken and Waffles Trademark
S&P Warns of Possible Brazil Credit Downgrade
Westinghouse Can Tap Rest of $800 Million Bankruptcy Loan
Honeywell to Decide on Aerospace Spinoff by the Fall
Gold Declines on Stronger Dollar
AT&T’s Vision of TV: ‘Game of Thrones’ in Mobile-Size Bites?
Bank Capital in the Context of Financial Stability
Why OPEC Wants to Extend Oil Cuts: Aramco’s Coming IPO
AIG’s Credit Rating Affirmed by A.M. Best
Fed Paper Examines Reserve Requirements as a Chinese Macro Policy Tool
A Guide to Brokers’ Retirement-Account Plans
Bitcoin’s Unlikely Evangelist: Fidelity CEO
Morgan Stanley Joins Rivals in Curbing Broker Recruiting
Arconic’s Challenges Remain Despite Elliott Settlement
Budget, Staff Cuts Ahead for Financial Regulation and Research Agencies
Ratings Firms Issue Downgrades for Mall-Backed Debt
Target to Pay $18.5 Million to Settle Massive 2013 Data Breach
Bank of Canada Likely to Maintain Status Quo in Rate Decision
Dollar Edges Higher, But Still Near Multi-Month Low
Alexion’s Shakeup Continues as Four Executives Exit
Creditors Seek to Curb Rupari Bankruptcy Bonuses
Firm Retention Summary: Marsh Supermarkets LLC
Can Ford’s New Chief Pull Off Another Michigan Miracle?
U.S. New-Home Sales Fell More Than Expected in April
Simon Property Group to Invest $1 Billion to Redevelop Mall Assets
Fed’s Kashkari: Unclear if U.S. at Full Employment Amid Signs of Soft Inflation
Viewpoint: How Distressed Is the Current Economy? A Look at the Data
Richmond Fed: Manufacturing Firms Less Upbeat Than in Recent Months
Westinghouse Global Businesses Roiled by Bankruptcy
Fed Paper Examines Reserve Requirements as a Chinese Macro Policy Tool
NBER Paper Looks at Monetary Policy Through Production Networks
Fed Should Like That Fiscal Stimulus Is on Shaky Ground
Sears Pushes Back Debt Payments
Nontraded REITs: The Basics
Fiduciary Rule to Take Effect | Trump Budget Appears to Target Title II, CFPB | Fed Bank Supervision Official to Retire | Citi Settles Over Money Laundering | Rubin’s Take: Smoke but No Fire on Title II Repeal
China and Russia Take on Airbus and Boeing With New Plane
Fastly Raises $50 Million for Content Delivery
Long Game Aims to Help Savers for Long Haul
Chernova’s Take: Time Tests ClassPass-for-X Startups
Rubin’s Take: Smoke but No Fire on Title II Repeal
Pot Breathalyzer Device Lights Up With Investors
Fiduciary Rule to Take Effect | Trump Budget Appears to Target Title II, CFPB | Fed Bank Supervision Official to Retire | Citi Settles Over Money Laundering | Rubin’s Take: Smoke but No Fire on Title II Repeal
Hannon’s Take: No Trade Offs for the ECB
Singapore Dollar Strengthens Amid Broad Weakness in U.S. Dollar
Eurozone Manufacturing Adds Jobs at Fastest Pace in 20 Years
The Rise of the Amateur Oil Sleuths
Chevron Tax Strategy Faces Crackdown
Merkel Looks to German ECB President
OPEC’s Foil: It Can’t Drain Enough Stored Oil
German Economy Accelerates on Exports, Investment
Oil Retreats Some Following Recent Pre-OPEC Gains
Market Regulator Requests Modest Budget Increase
Scurria’s Take: Hedge Fund’s Well-Timed Madoff Investment Doesn’t Pay Off
Scurria’s Take: Hedge Fund’s Well-Timed Madoff Investment Doesn’t Pay Off
Market direction: Neutral