Date: 2018-03-06 00:00:00
S&P 500 (SPY) — open: 267.73, high: 272.89, low: 267.61, close: 272.19, volume: 97307400, daily change: 0.0116
News headlines:
Weinstein Deal Falls Through, Bankruptcy Filing Looms
Smith & Wesson Wary on ‘Smart Guns’
Fed’s Brainard Sees Rate Rises as Appropriate as Inflation Firms
Oprah Winfrey Sells Some Shares in Weight Watchers
Oil Futures Hit by API Data, Risk-Off Sentiment
Australia’s GDP Growth Disappoints in 4th Quarter
Smucker, Conagra Call Off Wesson Oil Deal
UiPath Tops $1 Billion Valuation With Latest Capital Raise
Despite Rising Yields, Most Companies Bide Their Time on Debt
U.S. Jewelry Sellers Linked to Indian Bank Scandal Consider Bankruptcy Sale
Uses for Blockchain Are Limited
Exchanges Want Fintech Collaborations, Not Acquisitions
Scurria’s Take: Puerto Rico Energy Regulator Throws Wrench in Privatization
Scurria’s Take: Puerto Rico Energy Regulator Throws Wrench in Privatization
Dollar Down Amid Continued Uncertainty Over Trade
U.S. Stocks Rise as Tariff Plans Face Pushback
Big Oil CEOs ‘Not Losing Any Sleep’ Over Peak Oil Demand
Why Washington Is So Obsessed With China’s Huawei
Oil Edges Higher, Takes Cue From Stocks
NYSE to Pay $14 Million Over 2015 Trading Malfunctions
Australia’s Central-Bank Chief Sees Economy Moving in Right Direction
HCR ManorCare Reorganization Plan Includes Settlement With Ex-CEO
S&P Global Buys Startup in Artificial-Intelligence Push
Royal Bank of Scotland Settles Over Mortgage Securities
Footwear Retailer The Walking Company Files ‘Chapter 22’ Bankruptcy
Firm Retention Summary: Ascent Resources Marcellus Holdings LLC
Quick Hits: ECB Easing Bias at Odds With Conditions, Fitch Says
Big Banks Get a Big Win in Senate Rollback Bill
Target Touts Strong Sales as Proof Its Plan Is Working
Weaker Dollar Lifts Gold
BOJ’s Kuroda Plans No Policy Exit Before Meeting Inflation Target
BOE’s Haldane Slams Central-Bank Speak, Promises to Listen
Inflation Clarity Eludes the Fed and Markets
Abraaj Weighs Job Cuts as Investors Review Their Holdings
Central Banks’ Gender Balance Deteriorates
The New ID Theft: Millions of Credit Applicants Who Don’t Exist
Former Co-op Bank Chairman Flowers Banned From Financial Services
UPS Picks a New No. 2 Executive, Setting Up a CEO Successor
NBER Paper Examines Impact of Unconventional Fiscal Policy
VoxEU Post Studies Convergence in Emerging-Market Inflation
Roscoe’s Survival Plan Faces Next Test: Creditor Vote
Dollar Extends Weakness as Rivals Recover From Trade War Fears
CenturyLink CEO to Retire Sooner Than Expected
Fed’s Kaplan: Central Bank Should Get Started on Rate Increases ‘Soon’
One Win for Megabanks in Deregulatory Bill | Amazon Eyes Checking Accounts | Hayashi’s Take: CFPB Reboot Enters the Slow Lane
Light Beers Try to Get Fancy
Shakeout Looms for ‘Digital Therapeutics’ Market
Chernova’s Take: Sequoia, SoftBank War Chests Are Signs of the Times
Whoop Scores $25 Million for Sports Performance Wearable
Lego Struggles to Pick Itself Up
UnitedHealth Will Pass Drug Rebates Directly to Some Consumers
Hayashi’s Take: CFPB Reboot Enters the Slow Lane
One Win for Megabanks in Deregulatory Bill | Amazon Eyes Checking Accounts | Hayashi’s Take: CFPB Reboot Enters the Slow Lane
Fairless’s Take: ECB May Hesitate in Face of Market Volatility
Citigroup, Kabbage Form Consortium on Fintech Cybersecurity
Global Inflation Stalled in January
Central Banks Caught in A Pincer Movement
South Africa’s Ruling Party Withdraws Motion to Nationalize Central Bank
Upskill Raises $17 Million for Enterprise Augmented Reality
McDonald’s Puts Fresh Beef on the Menu
Market direction: Neutral