Date: 2017-08-16 00:00:00
S&P 500 (SPY) — open: 246.98, high: 247, low: 246.16, close: 246.51, volume: 55242700, daily change: -0.0001
News headlines:
Jim Hackett’s Blank-Check Acquisition Company Finds a Target
Elliott Moves to Block Berkshire Bid for Oncor; Buffett Stands Pat
Asian Stocks Rise a Bit Further
Oil Rebounds Some in Asia After Further Overnight Selling
Japan’s Exports Rise for 8th Straight Month in July
Roundup of Form D Regulatory Filings--August 16
Prosecutors Allege Insider Trading Involving Former Bank of America IT Worker
Mexican Supreme Court Backs América Móvil on Fees
Minibar Delivery Taps $5 Million for Alcohol Delivery
BioQ Pharma Secures Up To $55 Million in Debt, Equity
Fed Officials Split Over Timing of Next Rate Increase
Former Sungevity Cleared to Exit Chapter 11 With ‘Structured Dismissal’
Market Talk: Daily Analysis Roundup
Sears Canada Chairman Preps Going-Concern Bid
State-Owned Enterprises Are Too Risky for Global Exchanges
Rizzo’s Take: Bain Capital’s TOMS Shoes Sees Earnings Slide
Student Borrowers Owe More, Struggle to Repay Even Small Loans
U.S. Stocks Climb on Retail Rebound
Sale of Once Hot High-Frequency Trading Firm Reflects Industry Troubles
Gold Extends Gains Following Fed Minutes
Oil Falls as Production Increase Outweighs Stockpile Decline
Builders Pull Back on Home Construction Despite Strong Demand
Toisa Readies for Vote on Chapter 11 Restructuring Plan
Quick Hits: Euro Down as Draghi May Not Reveal Much at Jackson Hole
Judge Temporarily Shields Car Makers From Some Air-Bag Lawsuits
MoviePass Says Success Will Bring Cooperation
Dollar Falls After Fed Minutes
More CEOs Quit Trump Council
Zinc Prices Hit 10-Year High
Firm Retention Summary: Gymboree Corp.
Summer Youth Unemployment Falls to Lowest Level Since 1969
Tencent’s Mobile-Game Growth Continues
Target’s Lower Prices Pay Off as Sales Rise
Utility Drops Bid to Recoup Billions After Bailing on Plant
UnitedHealth Names David Wichmann as New CEO
China Rolls Up the Safety Net After Claiming Win Over Market Volatility
Tencent, Alibaba in Group Buying 35% of China State-Owned Telecom
Eurozone Growth Spreads, Helped by Dutch, Italian Economies
China’s Pyramid-Scheme Crackdown Sends Herbalife Shares Falling
Dollar Rises Against Yen
Bayer Joins Fight Against Citrus Greening Disease
Chamber Asks SEC to Reject Audit Rule | Massachusetts Probes ‘Maker-Taker’ | New Chairman for Wells Fargo | Michaels’s Take: Pay-Ratio Rule Is Here to Stay
Martin’s Take: Security Investment Is Sizzling
Venture Funding for Lung Disease Therapies Poised for Rebound
Artemis Health Gets $16 Million for Health Benefits Data Platform
Michaels’s Take: CEO Pay-Ratio Rule Is Here to Stay
Consumers Keep Spending, but Not in Stores
Systemic Risk in Financial Systems
Hannon’s Take: Tapering and the Euro, A Warning From Ireland
Chamber Asks SEC to Reject Audit Rule | Massachusetts Probes ‘Maker-Taker’ | New Chairman for Wells Fargo | Michaels’s Take: Pay-Ratio Rule Is Here to Stay
Fed’s Williams: Interest Rates About Half Their Normal Level
Frankfurters Aren’t Rolling Out the Welcome Mat for Brexit Bankers
US Shale Oil Boom Hits Bump
U.K. Jobless Rate Hits 42-Year Low
Fiat Chrysler Joins BMW-Led Self-Driving Car Tech Alliance
Bank of Thailand Keeps Benchmark Rate at 1.5%
Australian Wage Growth Languishes at Record Lows
Elliott Moves to Block Berkshire Bid for Oncor; Buffett Stands Pat
Market direction: Fall