Date: 2018-05-16 00:00:00
S&P 500 (SPY) — open: 271.59, high: 271.61, low: 270.03, close: 271.1, volume: 87036100, daily change: -0.0069
News headlines:
South Korea to Disclose Forex Intervention Details
Crypto Enthusiasts Mob New York Conference
Private-Equity Tech Titans Face Off With New Funds
FDA Approves Nonopioid Treatment for Opioid Withdrawal Symptoms
TPG Growth Builds Stake in Tanium as Valuation Nears $5 Billion
U.S. Dollar Rises Versus Euro on Italian Debt Risk
San Francisco Fed Begins Search for a New Leader
Brazil’s Central Bank Stands Pat for First Time in 13 Meetings
Small Caps Set New Highs, Outpacing Multinational Peers
Bond Agent Seeks Restart to Lead Producer Bankruptcy
Bondholders Push Jones Energy to Make Debt-Cutting Deal
No Harm in Reducing Use of Roche Drug for Breast Cancer, Study Says
SEC Shows Investors What a Cryptocurrency Scam Looks Like
Stocks Rise, Led by Retailers
Relativity Wins Court Approval to Extend Insurance for Its Leaders
Oil Rises on EIA Inventory Data
Quick Hits: Quarles Says Fed to Look at Big Bank Resolution Rules
Volcker Rule Changes Would Give Traders Flexibility
Financial Inclusion Doesn’t Add to Instability
Oil Company Enduro Resource Files for Chapter 11
Zuckerberg to Meet European Officials Next Week
SEC Says Court Decision Has Cost Investors Over $800 Million
Southwest Completes Engine Inspections
Yerak’s Take: A’Gaci Gets Creative to Reduce Costs
Gambling Firms Race to Expand After Limits Are Lifted on Sports Betting
Lachlan Murdoch to Lead ‘New’ Fox If Disney Deal Closes
Investors Dump Italian Bonds and Bank Stocks on Euro Worries
Unemployment Hits a Low. Then Comes the Recession
Cleveland Fed Paper Explores Impact of Tax Cuts on Home Values
Macy’s Shows Signs of Life After Prolonged Slump
Erdogan’s Plan to Drive Monetary Policy Sows Fear Among Investors
Dollar Index Hits 2018 High, While Haven Yen, Swiss Franc Also Rise
U.S. Housing Starts Dropped in April
U.S. Industrial Production Rose 0.7%
Two More Nighthawk Energy Companies File for Chapter 11
A Queens Firehouse Goes From ‘White Elephant’ to Cash Cow
Argentina Trips Up Fidelity, Morgan Stanley and Other Big Investors
Zoetis to Buy Abaxis for $2 Billion
Oil Companies Look to Profit at the Pump
VCs Bet $66 Million on ‘Miniproteins’ to Thwart Cancer
Zinsli’s Take: These Acquisitions Are Billion-Dollar Bargains
Real-Estate Startup Mynd Closes $20 Million Series B
IVP Leads $120 Million Round for Lulus
Money Markets for Crypto Assets Are in the Works
Tracy’s Take: Why Time Is Ripe for Volcker Overhaul
Volcker Rule 2.0 Draft Coming Soon | Coinbase Welcomes High-Speed Traders | Tracy’s Take: Why Time Is Ripe for Volcker Overhaul
Iceland’s Central Bank Leaves Key Rate Unchanged
Harrison’s Take: Signs Of A Future Fed Split Over QE
Tax Platform Canopy Raises Additional $12 Million
BOE’s Deputy Governor Apologizes for ‘Menopausal Economy’ Comment
Why the Credit-Card Boom May Have Just Peaked
European Companies Report Slower Earnings Growth
Novartis Top Lawyer Departs Over Cohen Payments
Thailand Central Bank Stands Pat
Bank Indonesia Likely to Raise Rates by Quarter Point to Boost Embattled Rupiah
Tencent’s Shares Were On Fire. Now They Aren’t, and Analysts Are Getting Worried
Soft Aussie Wages Growth May Sideline RBA for Longer
Market direction: Neutral