Date: 2016-11-03 00:00:00
S&P 500 (SPY) — open: 210.65, high: 211.1, low: 209.23, close: 209.74, volume: 103330800, daily change: -0.006
News headlines:
Oil Prices Slightly Up; Skepticism Lingers Over OPEC Deal
Wells Fargo in Talks With Prosecutors Over Potential Mortgage Abuses
Credit Suisse Reports Profit but Investors Unimpressed
Family Feud at Commodities Trader Louis Dreyfus Ends Up in Court
Dollar Flat Amid Election Uncertainty
EOG Resources Posts Loss as Revenue Falls 2.5%
Chinese Stock Markets Trade Up, Continuing Yesterday’s Rally
NetApp to Lay Off About 6% of Workers In Latest Restructuring
Wall Street’s Campaign Season: Dodging a Bullet, Running Into Wells Fargo
Western Banks Face New Level of Scrutiny Over Hong Kong IPOs
Australia’s RBA in no Hurry to Cut Rates Further
Generic-Drug Firms Face Possible Collusion Charges
Owlet Locks In $15M for Baby-Monitor Sock
OPEC Optimistic on Oil Output Deal by End of November
Y Combinator Darling Boosted Warns of Smoking Batteries
NASA Said to Be Opting for Atlas V Rocket Over Antares
CBS Profit Rises 12%
Weight Watchers Beats Earnings Expectations, Raises Outlook
EBay Boosts Earnings View Due to Sale of More MercadoLibre Shares
Monster Beverage Sales Growth Slows
Starbucks Results Top Projections but Hopes for U.S. Sales Rebound
S&P 500 Extends Losing Streak
TreeHouse Foods’ Shares Fall Amid Executive Shuffle
Summers Suggests Cooperation Between Fiscal and Monetary Policy
Mexico’s Pemex Stakes Future on Partnerships
Twilio’s Revenue Climbs 62%
Fed Raises Expectations of a Post-Election Rate Increase
Allscripts Healthcare Results Miss Expectations
Big Danger at the Lower Bound
ECB Interventions in Distressed Sovereign Debt Markets: The Case of Greek Bonds
The Trade Offs in Leaning Against the Wind
Las Vegas Sands Reports Improving Results
Canadian Natural Posts Third Straight Quarterly Loss
Motorola Solutions Results Beat Projections
Kraft Heinz Profit Helped by Cost Cuts
DirectBuy Outlines Sale Plans in Courtroom Debut
Caesars Hunts for up to $3.8 Billion to Fund Bankruptcy Exit
GM Charts Course for Noncore Businesses
Rizzo’s Take: Golfsmith Bidders Lose Twice
Dollar Selloff Continues as U.S. Election Looms
Judge Approves Voting on Gawker’s Bankruptcy Wind-Down
Regulator Says He Won’t Be Lenient With Fintech Firms
Rizzo’s Take: Golfsmith Bidders Lose Twice
Colonial Hopes to Reopen Pipeline Soon as Fires Still Burn
Egypt Devalues Its Pound in Free-Float Move
Natural Gas Prices Settle Lower
New German Loan Rules Weigh on Mortgages, Bank Profits
Oil Falls to Fresh One-Month Low
Creditors Seek to Clamp Down On SunEdison Lawsuits
Why Have Bank Market-to-Book Ratios Declined Since the Crisis?
Schäuble: ECB Has Exhausted Most of Its Monetary Policy Leeway
Deutsche Bank’s Troubles Could Threaten Global Economy
American Axle Reaches Deal for Metaldyne
L’Oreal Reports 3Q Sales Rise
Shoreline Energy Enters Chapter 11 Protection With Sale Plans
CVS Health Inc. to Eliminate 600 Jobs
CF Industries Sees Uptick in Fertilizer Demand
Quick Hits: PBOC Shanghai Branch Sends Warning; Higher U.K. Rates Seen
Wal-Mart to Offer Chase Pay Service
Volkswagen Has Until December to Propose Driver Resolution Plan
Time Inc. Revenue Falls; Digital Can’t Offset Print
Market Talk: Daily Analysis Roundup
Société Générale Beats Forecasts on Investment Banking Gains
Voices: How to Help the Suddenly Wealthy
Bank of England Lessons of ‘Super Thursday’
Weidmann Issues Fresh Warning on Low ECB Rates
Sprouts Farmers Market Beats Views, but Doesn’t Boost Estimates
Measure of U.S. Service-Sector Activity Falls in October
BOE’s Carney Denies Any Political Pressure on Interest Rate Decisions
Cigna’s Profit Falls
Canada’s Relay Ventures Raises $150 Million in Latest Fund
ECB Plans to Harmonize Supervision of Smaller Eurozone Banks
Can Globalization Be Salvaged?
Adidas Plans Reebok Revamp in Profitability Push
AMC Networks’ Earnings Fall 10%
Agrium Swings to Loss, Cuts Guidance
No Oil Price Rebound on Horizon
Productivity Jumped in Third Quarter
Casket Maker Sees Growth Despite Rise of Cremations
Regulators’ Suits Against ITT Educational Services Halted
Deutsche Bank Close to Capital Boost From Chinese Sale
Bats Global Tops Expectations Despite Lower Trading Volume
Funeral Industry Seeks Ways to Stay Relevant
Becton Dickinson’s Profit Falls on Restructuring Costs
Hyatt Profit Beats Expectations
Charter Communications’ Profit Rises
U.S. Jobless Claims Rise to 265,000 in Latest Week
Air France Plans No-Frills Airline to Serve Asia, U.S.
French Prosecutors Say HSBC Should Stand Trial for Tax Fraud
Enbridge Posts Smaller Loss
Fannie Mae to Send $3 Billion Dividend to Treasury
Kraft Heinz Earnings: What to Watch
S&P Global Raises Outlook on Strong Debt Issuance
Michaels’s Take: Next SEC Chief Could Face Confirmation Fight
Encana Swings to Profit
Chesapeake Energy Results Not as Bad as Feared
Avon Swings to Profit
Michaels’s Take: Next SEC Chief Could Face Confirmation Fight
Marathon Oil’s Quarterly Results Beat Projections
The Barred Brokers in Our Midst
Davis’s Take: More Players Are Starting Up on Central Time
Survey of Silicon Valley VCs Shows Increased Confidence
Zipongo Nabs $18M for Nutrition Service
ObEN Raises $7.7M for Virtual-Reality Avatars
OECD Inflation Rate Rises Again
Hilsenrath’s Take: Fed Sets the Stage for a December Rate Increase
ECB Says Brexit May Benefit Eurozone Economy
U.K. Services Sector Grew Strongly in October
Eurozone Jobless Rate Falls
China’s HNA Pays Big for a Bit of Hong Kong
Hermès Sales Pulled Up by Leather Goods
Asian Shares Mixed on U.S. Election Uncertainty
U.K. Banking Watchdog to Set New Rules for Current Accounts
Bank Indonesia Would Continue Easing Bias Amid a Fed Rate Increase
Air France-KLM Profit Up Despite Strikes
Bank of England’s ‘Super Thursday’: What to Watch
CEO Revamp Raises Questions About Whole Foods’ Strategy
Market direction: Neutral