Date: 2016-08-25 00:00:00
S&P 500 (SPY) — open: 218.8, high: 218.91, low: 217.36, close: 217.85, volume: 71728900, daily change: -0.0051
News headlines:
Oil Prices Edge Down Ahead of Yellen’s Speech
Singapore’s STI Edges Lower, With Focus on Fed Comments
Jackson Hole Participants to Discuss Frameworks for Low-Rate World
Fed’s George Wants to Raise Short-Term Rates
Equity in Startups Is Losing Appeal
Japan Consumer Prices Fall for Fifth Straight Month
Autodesk Raises Annual View
Judge Grills Trade Group, Labor Department Over ‘Fiduciary Rule’
Carney and Draghi Absent as Central Bank Leaders Gather In Jackson Hole
Roundup of Form D Regulatory Filings--Aug. 25
Stocks Sag Ahead of Fed Summit
U.S. Bancorp, FutureAdvisor Team Up in Another Advance for Bank Robo Advisers
Land Buyers Stampede Into Texas Oil Patch
Wal-Mart in 2008 Investigated Cotton Sheets Supplied by Welspun India
Judge Weighs Another Lawsuit Reprieve for Caesars
Splunk Revenue Up 43%, Net Loss Widens
Ulta Lifts Guidance as Sales Continue to Climb
S&P Cuts Rio de Janeiro State’s Credit Rating
Canadian Carriers Appear Set to Join U.S. Air-Safety Program
Dollar Pares Losses as Jackson Hole Speech Looms
Puerto Rico’s Pensions: $2 Billion in Assets, $45 Billion in Liabilities
Natural Gas Ticks Up on Small Stockpile Additions
SEC Moves Closer to Finishing Asset-Management Rules
Dollar Stores’ Same-Store Sales Disappoint
Oil Ticks Up on Iran Cooperation
First National Bank of Omaha to Pay $35 Million Over Credit-Card Practices
Vivendi Announces Cost Cuts at TV Unit
Wells Fargo to Pay Homeowners Over Mailing Error
The Rise in Regulation and the Dearth of New Banks
Gold Hits Fresh One-Month Low Ahead of Fed Gathering
Firm Retention Summary: Hebrew Health Care Inc.
Firm Retention Summary: Global Geophysical Services LLC
Banks Have Had Enough of Oil’s Wild Ride
CBO Boosts U.S. Deficit Forecast on Weaker Federal Revenues
Why Are Americans Buying Less Jewelry?
Primorsk Liquidation Plan Moves Forward
Mall Rats Are a Dying Breed
Bank of Mexico Reiterates Call for Fiscal Discipline
Cybersecurity Must Be a Regulatory Priority
Somali Central Bank Says Teller Stole $530,000
U.S. Durable-Goods Orders Rebounded in July, Jumping 4.4%
What to Watch For at the Kansas City Fed’s Jackson Hole Conference
Barclays Close to Hat Trick of Deals
Miners Find South African Gold Recovers Its Luster
Kansas City Fed Manufacturing Index Edges Up
The Latest Asset Management Price War: Target-Date Funds
Improved Capital Ratios Won’t Boost French Banks’ Ratings, Says S&P
Years of Fed Missteps Fueled Disillusion With the Economy and Washington
Fed’s Kaplan Says Case For Rate Rise Getting Stronger
Madoff Aide Annette Bongiorno Settles Liquidation Lawsuit
Michaels Cuts Outlook After ‘Choppy’ Environment in First Half
Why Is Spain’s Economy Expanding So Robustly Without a Government?
U.S. Jobless Claims Fall Further
Credit in Brazil’s Financial System Loses Ground in July
Fed Officials to Meet With Activists Before Jackson Hole
Bank of Russia: Consumer Demand Should Recover in 2017
China Gears Up in Artificial-Intelligence Race
Denali Therapeutics Raises $130M Series B for Neurological Disease Therapies
Fed’s George: Inflation Gains Call for Near-Term Rate Rise
Business Sentiment Falls in Germany, France
Some Polish Central Bankers See Possible Rate Cut In Coming Quarters
Sears Posts Loss as Lampert Provides More Aid
U.K. Retail Sales Defy Gloomy Brexit Expectations
Dollar Drifts Lower Ahead of Yellen Speech
Iranian Oil Production Stalls Ahead of OPEC Talks
Medtronic Profit Rises, Helped by Lower Expenses
World’s First Self-Driving Taxis Hit the Road in Singapore
Y Combinator Takes on a Global Flavor
Big Data Security Startup BlueTalon Raises $16M
Gage’s Take: A Bet to Unlock Mysteries of the Brain
Toronto-Dominion Bank Profit and Revenue Rises
Hayashi’s Take: ‘Fiduciary Rule’ Faces First Court Hearing
Developed Countries’ Economic Growth Slows
CIBC Revenue and Profit Rise
Ford Leads $24M Investment in India Car-Rental Startup Zoomcar
Hayashi’s Take: ‘Fiduciary Rule’ Faces First Court Hearing
Monsanto Shelves Plans for New GMO Cotton Seeds in India
Creighton’s Take: One Industry Has Done Well Out of the Financial Crisis
Exporters Fear Losses After China Gives Zika Label to U.S.
Germany’s Merck Beefs Up Non-Drug Businesses
China Set to Launch Shenzhen-Hong Kong Stock-Trading Link in December
Asian Shares Lack Direction Ahead of Fed Meeting
The Easy Money Contagion
South Africa’s Sibanye Gold Profit Jumps
Miner South32 Posts Full-Year Loss
Hillary Clinton Calls for Rule Exemptions for Small Banks
Fitzgerald’s Take: Total Hockey Lives, But Liquidators Still Score
Burden of Health-Care Costs Moves to the Middle Class
Market direction: Neutral