Date: 2018-06-28 00:00:00
S&P 500 (SPY) — open: 272.26, high: 273.87, low: 269.18, close: 269.35, volume: 105110700, daily change: -0.0083
News headlines:
Euro Rises After EU Migration Deal
Appello Brings In $10.5 Million Series A for Parkinson’s Therapy
Goldman Sachs, Morgan Stanley Dinged in Fed Stress Tests
Deutsche Bank Fails Fed’s Stress Test
Deloitte CEO’s Future in Question After Lack of Support
Gains in Technology, Financial Shares Help Lift Indexes
Bank of America Raising Dividend to 60 Cents a Share
Pistachio Billionaires’ Foundation Lends Millions to Business Associates
Dollar Slips After Rally
Synnex to Buy Convergys
Walgreens to Buy Back $10 Billion in Shares
Unanswered Questions About SEC’s Unconstitutional Judges
Citi Plans to Return $22 Billion in Capital to Shareholders
JPMorgan Upping Quarterly Dividend by 43%
Disney, Fox Shareholders to Vote July 27 on Deal
Wells Fargo to Raise Quarterly Dividend to 43 Cents a Share, Boost Buybacks
Scurria’s Take: Howard Jonas Faces $600 Million Telecom Spinoff Lawsuit
Paint Maker PPG Discloses SEC Probe
Fed’s Bullard: Inverting Yield Curve ‘Key Near-Term Risk’
U.S. Oil Prices Surge to Highest Since 2014
Relativity, Creditors Reach Bankruptcy Settlement
Trump Touts Return of U.S. Manufacturing Jobs at Foxconn Groundbreaking
Applebee’s Franchise Owner Looks to Pay Bonuses, Severance
Fed’s Bostic: Gradual Rate Increases Necessary to Keep Economy Stable
SAExploration Bids on Bankrupt Geokinetics
Copper Falls to 2018 Low After Weak Chinese Data
Erin Energy Unsecured Creditors Seek Liquidation
Behind PillPack’s $1 Billion Sale, a Frustrated 32-Year-Old Pharmacist
Amazon Buys Online Pharmacy PillPack for $1 Billion
New York Regulators Fine Athene Life Insurance
Adidas Reports Data Breach
Servision To Be Placed Into Voluntary Liquidation
Former Equifax Manager Charged With Insider Trading
U.S. Dollar Inches Lower
Scana Slashes Dividend After Lawmakers Cut Billing Rates
France Files Preliminary Charges Against LafargeHolcim
Kroger Plans to Introduce Driverless Grocery Deliveries
WPP Probes Emails Sent to Current, Ex-Employees After Sorrell’s Exit
Scooter Company Bird Recharges With $300 Million
Tariffs Threaten Continued Manufacturing Expansion: Kansas City Fed Survey
Cigarette Maker Imperial Bets on Medical Cannabis
World Cup to Boost U.K. Consumer, Says Bank of England’s Haldane
Layoffs Jump After Declining Steadily at the End of Spring
Starbucks Finance Chief Set to Depart Amid Sales-Growth Challenges
Quieting the High-Tech Luxury Home
Australia’s $26 Billion Warship Deal Goes to Britain’s BAE
Pay for Big-Company Directors Tops $300,000
U.S. Economy Was Weaker Last Quarter Than We Thought
Sempra to Sell Wind and Solar Assets
Energy Topples Technology as Top S&P 500 Sector
Boston Fed’s Rosengren Says It’s Time to Take Away Monetary-Policy Punch Bowl
Brazil Central Bank Cuts 2018 GDP Growth Forecast to 1.6% From 2.6%
China Rebuffs U.S. Efforts on Behalf of Airlines
Indian Rupee Hits Record Low Against Dollar
Texas Investigators Seek Felony Fleeing-the-Scene Charge Against Prominent Oil Lawyer
Away Raises $50 Million for Travel Bags
UnBlockable Aims to Bring Sports Collectibles to the Blockchain
Zakrzewski’s Take: Startups Wade Into Political Debates
U.S. Venture Firms Get Their Kicks in Canada
Cybersecurity Ratings Startup BitSight Raises $60 Million Series D
Quarles Supports Global Regulatory Bodies | Fed Official Calls for Higher Capital Buffers | Equifax Ordered to Beef Up Cybersecurity
Eurozone Business Confidence Holds Up in Face of Fresh Tariffs
Fairless’s Take: Lower Rates and Rising Debts
Delaying Payments to Suppliers Helps Companies Unlock Cash
H&M Profit Is Squeezed as Pile of Unsold Stock Grows
Fearing Yuan’s Slide, China Puts New Limits on Property Companies’ Bonds
Asia-Pacific Stocks Drop to a Nine-Month Low
Bank Indonesia Expected to Raise Rates Again
China Sends Yuan to Fresh Six-Month Low
Amazon Drives Deeper Into Package Delivery
Corrigan’s Take: Orianna Closing in on Broad Bankruptcy Settlement, Lawyers Say
Market direction: Neutral