Date: 2018-03-07 00:00:00
S&P 500 (SPY) — open: 273.3, high: 273.39, low: 271.18, close: 272.88, volume: 79213200, daily change: 0.0025
News headlines:
Reports of Problems at Crypto Exchange Send Bitcoin Tumbling
Australia’s Trade Balance Recovers, Posts Healthy Surplus
Two Wynn Resorts Board Members Will Step Down
Something’s Brewing: Coca-Cola Plans Its First Alcoholic Drink
Lawmakers Expand Scope of Senate Bank-Deregulation Bill
Oil Stabilizes After Record US Output Fueled Wednesday Drop
Japan’s Economy Grew at Much Faster Pace in 4th Quarter
Bankruptcy Is Often Too Costly for Small Businesses, Senate Panel Hears
Maersk Ship Still Ablaze, as Search-and-Rescue Under Way
Australia’s Student-Loan Revamp Offers Lessons for U.S.
Stress Tests Shift, But Don’t Reduce, Small-Business Lending
Some Steel and Aluminum Makers to Restart Plant Operations Amid Tariff Plans
U.S. Dollar Edges Higher as Investors Await Tariff Details
Berkshire Unit Ordered to Pay Millions for Asbestos-Related Settlement
Banks Want a Bigger Piece of Your Student Loan
Trade War Fears Pressure Metals Prices
Nursing-Home Operator Orianna Health Systems Files for Bankruptcy
Dow Industrials Fall as Cohn’s Exit Adds to Trade Concerns
Firm Retention Summary: The Walking Company Holdings Inc.
Oil Prices Fall as U.S. Production Climbs
Opioid Settlement Talks Hit Headwinds
KPMG Acts Globally but Keeps Scandals Local
Rizzo’s Take: Stakeholders Behind Titanic Artifacts Enter Mediation
SEC Warns Investors on Cryptocurrency Exchanges
Transcript: William Dudley Takes Questions at Brazil’s Central Bank
Fresh Evidence of Flaring Wage Growth Appeared in Fed’s Beige Book
Transcript: Atlanta Fed’s Bostic Speaks With Reporters in Florida
Otting Is Recused From Making Decisions on Five Banks
Transcript: Lael Brainard Takes Questions From Money Marketeers
GOP Lawmakers Open to More Funding for CFTC
ECB Doesn’t Object to Luis de Guindos Becoming Vice President
On Managing Sudden Wealth
GE Power, in Need of a Lift, Chases Tesla, Siemens in Batteries
Mt. Gox Trustee Sells $400 Million of Bitcoin and Bitcoin Cash
Spotify Picks Citadel Securities to Handle NYSE Debut
HD Media May Bid for Charleston Gazette-Mail Owner
The Secretive Company That Pours America’s Coffee
Dollar Reverses Losses Spurred by Cohn’s Resignation
Fed’s Bostic Says Trade Wars Aren’t Easy and Winnable
U.S. Trade Deficit Widened Again in January
Wells Fargo Urged to Pause Growth of College Partnerships
U.S. Soybean Farmers Fear China Will Retaliate for Steel Tariffs
Charles Scharf Has Chance to Be the Best Leader at This Bank Since Alexander Hamilton
Iran’s Oil Boom Is a No-Show
Metals Flash Warning Sign as Trade Talk Adds to Economic Worries
ADP: U.S. Private Sector Added 235,000 Jobs in February
U.S. Productivity Growth Stalls
Cohn Resigns | Banks Angle for Student Loans | Rubin’s Take: Meeting Tweet Sparks Acrimony
Papa John’s Wants to Get Back to Making Pizzas
Eurozone Exports Drove Economic Growth
Zinsli’s Take: Honey, I Shrunk Our Multiples
Atomwise Steps on Gas to Accelerate Chemistry
Rubin’s Take: Acrimony on the Road to Harmony
Cohn Resigns | Banks Angle for Student Loans | Rubin’s Take: Meeting Tweet Sparks Acrimony
Timiraos’s Take: Fiscal Stimulus Resolved the Fed’s Inflation Conundrum
Turkish Central Bank Keeps Interest Rates on Hold
ABC Juices ‘American Idol’ Salaries
Bank of Japan to Keep Mum on Exit Details
Low Rates Spur Reach for Yield
Bank Indonesia Managing Rupiah to Reflect Fundamentals
Malaysian Central Bank Stands Pat on Benchmark Rate
Maersk Ship Catches Fire in Arabian Sea; Four Crew Members Are Missing
Market direction: Neutral