Date: 2017-02-22 00:00:00
S&P 500 (SPY) — open: 235.52, high: 236.69, low: 235.51, close: 236.49, volume: 88946100, daily change: 0.006
News headlines:
Bank of Korea Keeps Base Rate Unchanged at 1.25%
Oil Prices Up But Remain Rangebound
BOJ Board Member Kiuchi Sounds Alarm on Trump’s Stimulus Plans
Mailgun Spins Off From Rackspace
Asian Shares Decline Slightly
Exxon Lowers Proved Reserve Estimates
Tronc Swings to a Profit
Fed Eyes Aggressive Rate Increases
Immigrant Crackdown Worries Food and Construction Industries
Jack Dorsey’s Square Hits Its Stride as Twitter Pauses
Roundup of Form D Regulatory Filings--Feb. 22
How Our Expectations of Weak Economic Growth May Have Helped Cause It
U.S. Stocks Pressured by Lower Oil Prices
Get Ready for China’s Coming Cash Crunch
Brazil’s Central Bank Continues Easing, Cuts Selic Rate to 12.25%
Unilever Launches Review After Rejecting Kraft Heinz Offer
U.S. Natural Gas Inventories Expected to Fall
Fed to Extend Blackout Period, Add Charts to Economic Projections
PMV Pharmaceuticals Rounds Up $74 Million for Cancer Therapeutics
Energy Transfer Partners Swings to Quarterly Loss
Weibo’s Profit More Than Doubles, Driving Sina’s Growth
L Brands Issues Bleak Outlook Amid Victoria’s Secret Weakness
Jack in the Box Trims Annual Guidance
U.S. Crude-Oil Stockpiles Seen Up in Week
Southern Co.’s New ‘Clean Coal’ Plant May Not Be Cost-Efficient
Trump Moves Could Renew Risk of Crisis
Crude Rally Fizzles on Concerns Over U.S. Stockpiles
How to Create a Systemwide Stress Test
Market Talk: Daily Analysis Roundup
Dish Network CEO Sees Pickup in Wireless Deal-Making
Natural Gas Rises, Rebounding From Steep Fall
Dollar Falls After Fed Minutes
Key Passages From the Fed’s Jan. 31-Feb. 1 Meeting Minutes
Hudson’s Bay Is Accused of Deceptive Mattress Marketing
Chaparral Sues Merit Energy to Force Pipeline Sale
Second Theranos Lab Has Blood-Testing License Revoked
Gold Prices Erase Losses After Fed Minutes
Norwegian Cruise Line Revenue Helped by Fleet Additions
Fed’s Powell Says Rate Rise Possible ‘Fairly Soon’
Former Fugitive Software Executive to Be Sentenced Thursday
Transtar Strikes Deal With Junior Lenders
Ultra Petroleum’s Earnings Surge With Chapter 11 Exit in Sight
Bayer Details Financing Plan for Monsanto Deal
Xtera Receives Approval to Convert Case to Liquidation
Firm Retention Summary: Marbles Holdings LLC
Convicted Rate Rigger Sues Over Lifetime Ban
Dow, DuPont on Track to Get Merger Approval From EU
Bank of Japan Considering Announcing Bond-Buying Dates in Advance
Banks’ Sour Loans Hold Back EU Economic Recovery
Fed Minutes Could Offer Hints on Timing of Rate Rises
U.S. January Home Sales Reach Highest Level in a Decade
A Trump Statistical Trade Trick
Manufacturing Decline Weighs on Marriage, Families, New Research Shows
South Africa Raises Taxes to Narrow Budget Deficit
Eurozone Finally Finds Itself Free of Deflation
ABB Is the Latest Company Hit by Corporate Theft
Startup Exchange IEX Challenges Rivals With Free Web Data Feed
Welltower Profit More Than Doubles
Get Ready for China’s Coming Cash Crunch
ABB Takes $100 Million Charge After ‘Criminal Scheme’ at South Korea Unit
Conduent Posts Hefty Loss
Non-OPEC Members Falling Short of Promised Production Cuts
Euro Falls Against Dollar
Saudi Aramco, Petronas to Sign Joint-Venture Agreement
Bankrupt Avaya Stops Paying Some Pension Benefits
Garmin Revenue Rises 10% on Wearable Sales
Rematch Over Debit-Card Fees | Court Limits Fannie, Freddie Investors’ Claims | Lloyds Bank Escapes Crisis Era | Wells Fargo Fires Executives | Rubin’s Take: Running Out the Clock on Cordray
Six Flags Sales Rise on Higher Attendance
China’s Top P2P Lender Pivots Away From the Business
U.K. Growth Figures a Mixed Bag
Billion-Dollar Rematch Over Debit-Card Fees
Gold Ticks Up Before Fed Minutes
Rubin’s Take: Running Out the Clock on Cordray
Gormley’s Take: Body Beautification Is Sexy Business
Modus Therapeutics Picks Up Insider Backing for Sickle Cell Therapy
Roundup of Form D Regulatory Filings--Feb. 21
Toll Says New Contracts Accelerating Despite Rising Rates
Rematch Over Debit-Card Fees | Court Limits Fannie, Freddie Investors’ Claims | Lloyds Bank Escapes Crisis Era | Wells Fargo Fires Executives | Rubin’s Take: Running Out the Clock on Cordray
BOE’s Official Says ‘Currency Nationalism’ Risks Splintering Global Capital Markets
Harrison’s Take: Will the Fed Minutes Reflect the Cautious Statement or Bullish Fedspeak?
China’s Insurance Regulator Vows a Crackdown on ‘Crocodiles’
Bayer CEO Confident Monsanto Deal Will Be Cleared by End of Year
Zambia Central Bank Cuts Key Lending Rate to 14%
Peugeot Chief Seeks to Turn from Hunted to Hunter
Lloyds Reports Jump in Profit, Pumps Up Dividend
Randles’s Take: Bankruptcy Judge Weighs Energy Future Asbestos Injuries
Market direction: Neutral