Date: 2017-05-30 00:00:00
S&P 500 (SPY) — open: 241.54, high: 241.9, low: 241.45, close: 241.71, volume: 46629900, daily change: -0.0002
News headlines:
China Gauge of Factory Activity Holds Steady in May
New Share-Selling Rules Boost China Equities
Roundup of Form D Regulatory Filings--May 30
Oil Prices Fall Further Amid Doubts About Output Cuts
Japan Industrial Output Posts Largest Gain Since 2011
Fox News May Tap Heat Street Editor for Website
The Oil Play That Could Flood the Natural-Gas Market
Akari Therapeutics CEO Resigns
Big Pension Funds Oppose Election of Six Mylan Directors
Excerpts: Audience Q&A With Fed’s Lael Brainard in New York
Doubts Cloud Fed’s Rate Increase Plans Beyond June
Analysis: For Fed, Brainard’s Inflation Anxiety Could Define Next Stage of Policy Debate
RBNZ Says Risks to Country’s Financial System Reduced
Puerto Rico Bankruptcy Judge Freezes Bond Payments
EU Plan May Revive Asset-Backed Securities Market
Years After Crisis, Ireland Begins AIB Privatization
Taubman Centers to Hold Annual Elections for Directors
Market Talk: Daily Analysis Roundup
Wells Fargo Reinstates Three Executives at Chicago Wealth Branch
Federal Reserve Fines Deutsche Bank $41 Million
Dead Mall Space Could Spur Warehouse, E-Commerce Deals
Dollar Weighed by Mixed Data, Politics
Metals: Copper Edges Lower Amid Drop in Oil
U.S. Stocks Pull Back as Energy Shares Decline
Energy Dept. Faces Resistance in Effort to Recover Money From Spain’s Abengoa
Oil Prices Fall as Investors Wait for OPEC Cuts to Take Effect
Plans to Close Three Mile Island Highlight Struggles of Nuclear Power
Phoenix, Las Vegas Housing Markets Return to Average Growth
Fed’s Brainard Says Rate Rise Likely Soon, But Anxious About Inflation
Going Out for Lunch Is a Dying Tradition
Two Fed Banks Wanted Higher Discount Rate Ahead of May Meeting
U.S. Consumer Spending Rose 0.4% in April
Firm Retention Summary: Tidewater Inc.
Marsh Supermarkets Cleared for Speedy Sale Process
Payless Plans Second Wave of Store Closures
Daimler Vows to Buy More American Parts for Alabama Plant
Westinghouse Paid Former CEO Roderick $19 Million
Naspers Leads $80 Million Investment in Food-Delivery Startup Swiggy
Dodd-Frank Continues to Strain Lending
ECB Shouldn’t Fret Over Rising Bond Yields
Bail-Ins and the Real Economy
Fed’s Kaplan Sees Two More Rate Increases, Shrinking Balance Sheet
NBER Paper Explores Rising Inequality in China
Dallas Fed: Texas Manufacturing Activity Hits Three-Year High
U.S. Consumer Confidence Falls for Second Consecutive Month
Voices: Wealth Management in Age of Trump
Goldman Sachs Under Fire After Buying Venezuela Bonds
Wells Fargo Reshuffles Regional Executives in Retail Banking Unit
German Inflation Rate Falls to 1.4% in May
Bats to Stop Paying Rebates on One of Its Stock Exchanges
Scotiabank Posts Lower Trading Revenue
Eurozone Business Optimism Wanes Despite French Rally
Oil Loses Its Pull on Stocks, Currencies
The $50 Billion Question: What Makes a Bank Big? | SEC Chairman to Tap Ex-Colleague as Enforcement Chief | Credit Suisse Fined Over 1MDB Transactions | U.S. Credit Scores Hit Record | Deng’s Take: China Money Market’s Ups and Downs
Euro Falls, Yen Rises
Telemedicine Startups Face Political Heat
People.ai Nabs $7 Million for Predictive Sales Software
Zinsli’s Take: How’s the Rebound Going?
Deng’s Take: China Money Market’s Ups and Downs
LSE to Buy Citigroup’s Analytics, Fixed-Income Index Operations
The $50 Billion Question: What Makes a Bank Big? | SEC Chairman to Tap Ex-Colleague as Enforcement Chief | Credit Suisse Fined Over 1MDB Transactions | U.S. Credit Scores Hit Record | Deng’s Take: China Money Market’s Ups and Downs
Blackstone’s Take: Swiss Franc Finds a Good Neighbor in Europe
Slew of Fed Speeches Could Preview June FOMC
Court Documents Shed Light on Theranos Board’s Response to Crisis
The $50 Billion Question: What Makes a Bank Big?
Singapore Fines Credit Suisse Over 1MDB
Injunction Request Aims to Stop German Role in ECB’s Bond Buying
Euro Falls on Draghi, Possible Early Italy Election
India’s Growth Likely Gained Steam
ECB Shouldn’t Fret Over Rising Bond Yields
Bail-Ins and the Real Economy
Ryanair Profit Edges Up
Brickley’s Take: Maxus Bankruptcy Rouses New Jersey Lawmakers to Act
Market direction: Neutral