Date: 2018-07-12 00:00:00
S&P 500 (SPY) — open: 277.15, high: 278.04, low: 276.52, close: 276.86, volume: 77054700, daily change: -0.0073
News headlines:
China’s Trade Surplus Widens in June as Imports Drop
Indonesia Moves Closer to Taking Controlling Stake in Freeport Mine
Investors Punish L Brands After Victoria Secret’s Weakness
U.S. Appeals Ruling Allowing AT&T-Time Warner Merger
Walmart in Talks to Move Credit-Card Partnership to Capital One
J&J Hit With $4.7 Billion Jury Verdict in Baby Powder Suit
Northrop CEO Wes Bush to Step Down at Year’s End
Puerto Rico Utility Directors Resign, Alleging Political Interference
Papa John’s Stock Soars After Chairman’s Exit
Chinese Yuan Rebounds
Inflation Is Eating Away Worker Wage Gains
Bustle Owner Bryan Goldberg Wins Bankruptcy Auction for Gawker.com
Ex-New York Pension-Fund Executive Sentenced to 21 Months
Investors Bet on Higher Rates as U.S. Inflation Firms
Biswas’s Take: PHI’s Debt-Raising Troubles Hint At Softening High-Yield Bond Market
Oil Prices Mixed On Libya Supply, Trade Concerns
Stocks Regain Ground After Losses
Fed Chair Jerome Powell Says Trade Policies Complicate Outlook
Like Your Apartment’s Design? Thank Your Agent
Playhut CEO Under Fire for Proposed Compensation During Bankruptcy
Copper Rebounds After Long Slump
Croatia’s Agrokor Files for U.S. Bankruptcy Protection
From Seafood to Mattresses: How the U.S. Tariffs Affect Businesses
Liquidators for Troubled Investor Unable to Find Key Financial Statements
Mastercard Says It Has Resolved Outage Issues
Soybean Prices Near Decade-Low as China Tariffs Hammer Supply Forecast
Former Crocs CEO to Join Rockport Post Bankruptcy
SEC Probes Why Facebook Didn’t Warn Sooner on Privacy Lapse
JPMorgan Whistleblower Set to Get Largest Payout from CFTC
Citigroup’s Earnings: What to Look For
Fed’s Harker Says Inflation Will Determine Whether There Are Three or Four Rate Increases in 2018
Gibson Unveils Recoveries Under Chapter 11 Plan
Mnuchin Plays Down Impact of Tariffs
Delta to Trim Flights as Fuel Prices Rise
What to Expect from Wells Fargo’s Earnings
Global Regulators Push for Faster Transition Away From Libor
U.S. Banks Could Lose Out Under U.K.’s Brexit Plan
Dollar Slides Against Emerging-Market Currencies
What to Watch in JPMorgan’s Earnings
Valmont Says Tariffs, Strike Impacting Customers
South Korea Regulator Says Samsung BioLogics Violated Accounting Rules
Chateau Margaux for Seat 2A: Emirates Rewrites Rules for Airlines
WSJ Survey: Economists See Fed on Autopilot
Economists Think Unemployment Is Headed to a 50-Year Low
Students Cry for Debt Relief After ITT’s Collapse
World Bank Rankings Weren’t Manipulated, Audit Shows
U.S. Jobless Claims Fall in Holiday Week
Big Advertisers Embrace Blockchain to Root Out Digital Spending Waste
ECB Officials Open to Extending QE Amid Trade Threat, Meeting Minutes Show
Mental Health Care Matchmaker Spring Raises Seed Round
Zakrzewski’s Take: Corporate VCs Are Driving Ever Bigger Rounds
Europe Sees Trade Tensions With U.S. Eating Into Economic Growth
Comcast Raises Sky Offer After Fox Sweetened Its Bid
Fox Gets U.K. Approval to Buy Sky Amid Comcast Bidding War
Trump Administration Vows to Fight Consumer Fraud | Head of Justice’s Criminal Division Confirmed | High Court Won’t Stop Executive Overreach
Oil Outages to Stretch Spare Capacity, Warns IEA
Hannon’s Take: Too Little, Too Late?
The Public’s Indifference Is Complicating Central Bank Efforts to Control Inflation Expectations
Cleveland Fed President Mester: Strong Economy Justifies Two More Interest Rate Increases This Year
China’s Bonds Buck the Emerging-Market Trend
Papa John’s Founder Resigns as Chairman After Using Racial Slur
Energy Shares Detract From Broader Gains in Asian Markets
Randles’s Take: Gawker Is About to Hit the Auction Block
Slowdown in Home Sales Spreads to Brooklyn and Queens
Activist Investors Turn Up Heat in Drive for Returns
Market direction: Neutral