Date: 2018-01-03 00:00:00
S&P 500 (SPY) — open: 267.84, high: 268.81, low: 267.4, close: 268.77, volume: 86655700, daily change: 0.0072
News headlines:
Never Mind the Defaults, Venezuela Has Made Many Bondholders Rich
Why Alibaba’s Jack Ma Can’t Seem to Win Over the U.S.
Chrome River Raises $35 Million
WISErg Raises $19 Million Series C Round
Foreign Firms Rush Washers, Solar Panels Into U.S. Amid Trade Fears
Citgo Fraud Claim Nixed While Venezuela Defaults Deepen
Dollar Higher After Fed Minutes Reveal Uncertainty Over Rate Path
Komodo Bonds Stir to Life Amid Indonesian Infrastructure Drive
Fed Minutes Show Debate Over Pace of Rate Rises, Yield-Curve Signals
Takata Cleared to Poll Creditors on Bankruptcy Payout Plan
Merrill Lynch Bars Trading of Bitcoin Fund, Futures
Merrill Lynch Bars Trading of Bitcoin Fund, Futures
Crude Prices Hit Three-Year Highs On Supply Concerns
Fidelity Moves Brian Hogan Out of Equity Division
Allergan Plans Job Cuts as Key Drugs to Lose Exclusivity
Europe’s Payments Directive Further Embraces Technology
Ex-Och-Ziff Deal Maker Faces Charges in Alleged African Bribery Scheme
Randles’s Take: Hedge Funds Lose Bid to Scoop up Preferred Equity in Peabody
Randles’s Take: Hedge Funds Lose Bid to Scoop up Preferred Equity in Peabody
Gold Falls as Fed Considers Faster Pace of Rate Increases
Dominion Energy to Buy Scana, Which Had Ended a Nuclear Project
Spotify Files to Go Public With Direct Listing, Cutting Out Underwriters
Big Oil Investors Rethink Their Bets
U.S. Factory Activity Gained Momentum in December
5 Questions for the Fed in 2018
Hoda Kotb Takes Over as Co-Anchor of NBC’s ‘Today’ Show
NBER Paper Examines Financial Stability and Monetary Policy
Boston Herald Unionized Workers Back Revolution Media’s Offer
Quick Hits: Scant Inflation Signs Seen Globally
Life Settlements Investment Firm Files for Bankruptcy
Petrobras to Pay $2.95 Billion to Settle U.S. Corruption Suit
A Fight Over the Credit Score Lenders Use for Your Mortgage
ISM-New York Index Falls in Last Month of the Year
Condo Development Offers a Slice of Manhattan—and More for a Buyer’s Money
Zinsli’s Take: Holiday Rally’s Biggest Gift Doesn’t Go to VCs
StartUp Health Gets $19.3 Million, Seeks Companies Tackling ‘Moonshot’ Projects
As ‘Mifid’ Regulations Roll Out, Bond Volumes Fall
What Is Mifid (And Why Care) | Thiel’s Big Bitcoin Bet | MoneyGram Deal Halted | Michaels’s Take: Beware of Bitcoin Exchanges
Michaels’s Take: Beware of Bitcoin Exchanges
What Is Mifid (And Why Care) | Thiel’s Big Bitcoin Bet | MoneyGram Deal Halted | Michaels’s Take: Beware of Bitcoin Exchanges
Harrison’s Take: Fed Minutes Could Clear Up the Mystery of December’s Projections
‘The Last Jedi’ Is 2017’s Highest-Grossing Film
HNA Group Delays Loan Repayments to Employees
Fed Minutes to Shed Light on Officials’ Outlook for 2018
Global Central Banking in 2018: A First-Quarter Update
Why Low Inflation Is No Surprise
The New Floor for Bond Underwriting Fees: $1
The U.S. Dollar’s Security Premium
Dairies Are Awash in Organic Milk as Consumers Jump to Alternatives
U.S. Bars Merger of MoneyGram, China’s Ant Financial
China’s Yuan Setting Is Highest Since May 2016
Car Sales to Top 90 Million Globally for First Time
Nasdaq Crests 7000 as Tech Giants Roar Into 2018
Corrigan’s Take: Omar Amanat, No Stranger to Bankruptcy Court, Convicted of Fraud
Market direction: Neutral