Date: 2017-11-09 00:00:00
S&P 500 (SPY) — open: 258.47, high: 259.22, low: 258.15, close: 259.11, volume: 50469600, daily change: 0.0017
News headlines:
Catalan Crisis Courses Through Spain’s Financial Plumbing
Drones Are Now Operating Underground
In an Effort to Cut Costs, Some Banks Are Ditching the Fed
Disney Fleshes Out Its Streaming Plans
News Corp Tops Revenue Estimates as Every Division Sees Gains
Retail Clouds Darken as Mall Operator CBL Is Downgraded to Junk Status
J.G. Wentworth to File for Bankruptcy After Striking Debt-Swap Deal
Madoff Victim Fund Makes Long-Delayed Payment
Diagnostics Company Intervention Insights Raises $4.2 Million
Stech’s Take: S.C. Bankruptcy Judge Sides With Couple in Student Loan Dispute
U.K. Activist Investor Seeks Shareholder Vote to Remove LSE Chairman
Government Drops Medicare Fraud Case Against HCR ManorCare
Stocks Drop on Concerns Over GOP Tax Overhaul
Trump Should Dump Money Market Mutual Fund Rules
Peer-to-Peer Loans Resemble Predatory Loans
SEC May Give New Guidelines on Reporting Cybersecurity Breaches
SEC Chief Fires Warning Shot Against Coin Offerings
Department Stores’ Mixed Results Signal Competitive Holiday Season
Dollar Falls on Tax Overhaul Concerns
Millennium Health Trustee Sues Banks to Claw Back Fees
Fintech Lender SoFi Abandons Global Plans
Dynamic Unsecured Creditors in Line for Recovery Under Chapter 11 Plan
Oil Rises On Increased Uncertainty In Middle East
Mexico’s Central Bank Keeps Rates Unchanged as It Expects Inflation to Ease
Copper Prices Fall on Weak China Data
Burberry Shares Dive, Pointing to Scale of CEO’s Task
SNB’s Jordan: Ready to Intervene in Forex Markets if Necessary
Corn Crop Grows on Record Yield
Voices: For Freelancers and Contract Workers, Savings and Tax Planning Is Critical
P&G Finds Consumer-Goods Directors in Short Supply
Wall Street Fears Nasdaq Proposal Would Expose Trading Secrets
Former Pimco CEO Doug Hodge to Retire
Financial Development, Growth, and Crisis: Is There a Trade-Off?
Economists See Few Monetary Policy Changes With Powell Leading Fed
Forecasters Predict Nafta Withdrawal Would Slow U.S. Growth
Firm Retention Summary: Toys “R” Us Inc.
Time Plays Catch-Up as Print Slowdown Dents Results
Eurozone Growth Set to Accelerate as Threats Subside
U.S. Dollar Weakens
U.S. Jobless Claims Rose Last Week
Torry’s Take: Night of the Walking Zombie Firms
Clayton Urges Review of Shareholder Voting | Leveraged-Lending Shift | Some Small Banks Fire the Fed | Ackerman’s Take: House Lawmakers Tackle Fannie, Freddie Revamp
Peugeot Sets Sights on a Feat That Evaded Opel for Years: a Profit
Davis’s Take: There’s Something (Pot-Friendly) in the Air
Ackerman’s Take: House Lawmakers Tackle Fannie, Freddie Revamp
Coeuré Says Eurozone Lacks Firepower for Another Crisis
Clayton Urges Review of Shareholder Voting | Leveraged-Lending Shift | Some Small Banks Fire the Fed | Ackerman’s Take: House Lawmakers Tackle Fannie, Freddie Revamp
ECB’s Nouy: Concerned About Pace of Banks’ Brexit Plans
Former Bitcoin King Is Bankrupt—And He Could Get Rich Again
Europe Inc. Tops Earnings Expectations, but Momentum Sags
Malaysia Central Bank Keeps Rates Steady
Philippine Central Bank Holds Steady
Bummed About Not Investing in the Tech Rally? Try Asia
WonderWork CEO Resigns After Allegations of Fraud at the Medical Charity
New York Superstructure Builder Navillus Files for Bankruptcy
A Starbucks Coffee Costs What?
U.S. Jobless Claims Rose Last Week
Market direction: Neutral