Date: 2018-03-22 00:00:00
S&P 500 (SPY) — open: 270.9, high: 273.27, low: 270.19, close: 270.43, volume: 78709600, daily change: -0.0019
News headlines:
Steve Wynn Sheds Entire Stake in Casino Giant He Co-Founded
The Savviest Tech Investor You’ve Never Heard of Is Selling Down Tencent
Oil Futures Erase Thursday’s Decline in Asia
Steve Wynn Sells Remaining Shares in Wynn Resorts
Japan’s Core Inflation Hits 1% in February
Crypto-Focused Hedge Funds on SEC’s Radar
Nike Has ‘Deep Leadership Bench,’ CEO Says After Shakeup
U.S. Stocks Sell Off on Trade Concerns
Biggest Three Banks Gobble Up $2.4 Trillion in New Deposits Since Crisis
DOJ and AT&T Clash Over Impact on Consumers of a Time Warner Deal
Toy Maker Launches Crowdfunding Effort to Rescue Toys ‘R’ Us
Uber Raises $1.5 Billion From Leveraged Loan Deal
U.S. Trustee Challenges Fieldwood Energy Management Bonuses
Late ‘Star Trek’ Actor’s Family Settles Suit Against Fiat Chrysler
Auditor Says Failed Solar Plant Owes Mississippi $93 Million
Bankruptcy Judge Puts Pacific Drilling on ‘Shorter Leash’
Comedian Byron Allen Buys Weather Channel
How Century Aluminum Won a Lonely Fight for Tariffs
Another Chance on the Fiduciary Rule
Fintech Lenders Fill Credit Gap as Bank Branches Close
Transmission Inventor Fallbrook Technologies Files Bankruptcy-Exit Plan to Court
Toys ‘R’ Us Wins Court Approval to Close Stores
Scurria’s Take: Hedge Funds Get Ambitious in Mortgage Bond Spats
Volatility Swings Reach New Milestone
Quick Hits: New BOJ Deputy Says Policy Should Ease if Needed
Firm Retention Summary: Patriot National Inc.
Buyout Firms, Haunted by 2007, Sit on a Trillion Dollars
Gold Maintains Post-Fed Gains
Court Extends Cumulus Media’s Exclusive Right to File Plan
Oil Slips From Seven-Week High
Shiekh Shoes Switches Gears From Sale to Reorganization
Deutsche Bank Prices Shares of DWS Unit
U.S. Music Revenue Rose in 2017 Lifted by Spotify, Other Streaming Services
Blackwells Launches Proxy Fight at Supervalu
Dollar Rises Amid Concerns of Global Trade War
Pershing Square Cashes Out of Nike Stake
Transcript: Jerome Powell’s Postmeeting Press Conference
Conagra Sees Higher Profit Despite Rising Costs
Ford Expands Partnership With Indian Car Maker
Beyond the ‘70/80’ Rule: How Much Do You Really Need in Retirement?
Work With Special-Needs Families Underscores the Value of Planning
Kansas City Fed’s Manufacturing Survey Index Unchanged in March
Heed the Data, Not What Fed Officials Say
Turkey Central Bank Paper Analyzes the University Wage Premium
Naspers Who? Tencent Investor Is Africa’s Most Valuable Company
Despite Stock Drop, U.S. Leading Economic Indicators Index Rose in February
Proxy for U.S. Layoffs Remains Low
Pound Rises After BOE Votes 7-2 to Hold Rates, But Gains Prove Brief
BOE Holds Steady as May Aims for Brexit Transition Deal
How One Investor Turned a Bet on the Swiss Central Bank Into Millions
Clozel’s Take: Banks Win With Telemarketing Ruling
Davis’s Take: As VC Industry Evolves, Founders Take the Lead
Y Combinator, Backer of Dropbox, Vaults From Experiment to Kingmaker
Top Three Banks Gobble Up Outsize Share of Deposits | Shareholders Push Gun Safety | Clozel’s Take: Telemarketing Ruling Is Win for Banks
Third Rock Ventures Launches Rheos Medicines With $60 Million
Missed a Tax Payment? That May No Longer Hurt Your Credit Score
Harrison’s Take: Jerome Powell’s High-Pressure Economy
Bank Indonesia Keeps Benchmark Repo Rate Unchanged at 4.25%
Taiwan Central Bank Leaves Rates Unchanged Under New Governor
Health-Care Firms Turn to Drugmaker Execs as Businesses Converge
Eurozone Growth Shows Signs of Easing as Trade Conflict Looms
Emerging Markets Don’t Follow Fed’s Lead in Raising Rates
Fed’s Mission Improbable: Lift Unemployment—but Avoid Recession
Whole Foods Losing Executives Under New Owner Amazon
Manufacturers Aim to Blunt Tariff Pain
Philippine Central Bank Stands Pat on Rates
Rizzo’s Take: No End in Sight for Retail Store Closures
Market direction: Fall