Date: 2017-08-01 00:00:00
S&P 500 (SPY) — open: 247.37, high: 247.48, low: 246.53, close: 246.77, volume: 65838700, daily change: -0.0006
News headlines:
BOJ’s Funo Wants Private Sector to Do Its Share of Structural Reform
U.S. Plans Trade Measures Against China
Inside Goldman’s Struggle to Climb Out of Last Place in Trading
Asia Stocks Start Mostly Higher as Gains Build
Oil Prices Extend Decline Ahead of U.S. Data
Dow Industrials Make Run at 22000
AMC Entertainment Shares Plunge
Mondelez Earnings: What to Watch
Investors Raise Bets Against Bond Insurers
Bitcoin Rival Launches in Volatile First Day
SeaWorld Entertainment Names Interim CFO
Market Talk: Daily Analysis Roundup
Mexico’s Lala to Buy Brazil’s Vigor Alimentos
Inflation Tame in June, Complicating Fed’s Rate Decision
Ann Taylor Parent Revamps Executive Ranks
Theranos Low on Cash After Settlement With Walgreens
iHeartMedia Pays Coupon on Unsecured Notes as Debt Talks Continue
SoftBank in Talks to Invest in Flipkart Via Vision Fund
Homology Medicines Raises $83.5 Million Series B for Genetic Disease Treatments
Boeing Jets Once Destined for Russia to Be Air Force One
Scurria’s Take: Another U.S. Investor Frustrated by a Chinese Liquidation
Gold Prices Rally
Oil Futures Flash a Buy Signal
Oil Prices Fall as OPEC Doubts Emerge
Banking Regulator to Take First Step Toward Changing Volcker Rule
Scurria’s Take: Another U.S. Investor Frustrated by a Chinese Liquidation
U.S. Auto Makers Report Steep Sales Declines in July
Dollar Rises Against Other Currencies
China Fishery to Sell Vessel to Russian Firm
Keep an Eye on CLOs
True Religion Wins Court Approval to Pay Bonuses to Some Employees
Former Fiat Negotiator Pleads Not Guilty to Charges of Misusing Funds
Restoring Glass-Steagall No Panacea
Quick Hits: Euro Strength Could Be Problematic for ECB Tightening Plans
Athenahealth Makes a Shareholder-Backed Shake-Up, Keeping CEO
Eurozone Economy Speeds Up, Boosting Case for ECB Taper
Firm Retention Summary: Tidewater Inc.
FirstRain Emerges From Bankruptcy
Sprint Says a Merger Decision Is Near
Europe’s Largest Oil Refinery Disabled by Fire, Raising Fuel Prices Globally
Once Part of ‘Trump Trade,’ Copper Now Propelled Higher by China
U.S. Factory Activity Continued to Expand in July
Six Things Central Bankers Don’t Get About Wages
San Francisco Fed Paper Examines How to Forecast Interest Rates
NBER Paper Takes a Look at Emerging-Market Economies’ Bond Markets
Under Armour Posts Another Loss, Plans to Cut About 280 Jobs
VW’s CEO Knows the Future Is Electric—His Company Isn’t So Sure
New GE CEO Begins, Promising ‘Intense Focus’ on Operations
Regulators to Hear Plans to Stop Building Two Nuclear Reactors
BP Says It Can Now Profit at Oil Below $50
WSJ Dollar Index Rises
Malaysia’s 1MDB Delays Payment to Abu Dhabi Fund
Noreika Punts on Delay of CFPB Rule | Can ‘the Mooch’ Return to Wall Street? | Goldman in Unusual Place—Last | Verlaine’s Take: Saving EU Consumers Money on Banking Fees
Caterpillar Finance Chief to Retire
Etsy’s Painful Lesson: It’s a Retailer, Not a Tech Startup
SoftBank Deal Making Sets Off Debate
Chernova’s Take: Seeking an Anchor in Choppy Bitcoin Seas
Verlaine’s Take: Saving EU Consumers Money on Banking Fees
Snap, Blue Apron Shake Confidence in Startup Valuations
Noreika Punts on Delay of CFPB Rule | Can ‘the Mooch’ Return to Wall Street? | Goldman in Unusual Place—Last | Verlaine’s Take: Saving EU Consumers Money on Banking Fees
Hannon’s Take: Another ECB Anniversary That Matters
Turkey Lifts 2017 Inflation Forecast Slightly
RBA Sounds Alarm on Australian Dollar’s Strength
Brexit Could Lead to Loss of 17,000 U.K. Investment Banking Jobs
After Defeat in Europe, GM Is Picking Its Battles
ECB Rate Rise Could Follow Reversion To Pre-Crisis Pattern
China’s Manufacturing Gauges Offer Mixed Messages
Biswas’s Take: Bi-Lo Starts Discussions With Bondholders as Debt Maturity Looms
Pfizer Waiting for Cues on Tax Reform to Pursue Deals
Market direction: Neutral