Date: 2018-02-05 00:00:00
S&P 500 (SPY) — open: 280.08, high: 280.23, low: 275.41, close: 275.45, volume: 173174800, daily change: -0.0218
News headlines:
Australia’s Central Bank Keeps Interest Rates on Hold
Volatility ETPs Plunge, Fueling Speculation Of Their Demise
Oil Falls Further as Equities’ Global Slump Continues
Rout in Stocks Jolts Traders Used to Heady Days of 2017
Market Turmoil Greets New Federal Reserve Chairman
Investment Firms Suffer Website Outages
Bon-Ton Bondholders Look to Throw Wrench in Proposed Sale Process
Market Rout Shatters Lull in Volatility
Fed Rebuke Costs Wells Fargo About $29 Billion in Lost Market Value
Lululemon Says CEO Laurent Potdevin Has Resigned
Dollar Rises as Investors Seek Shelter
Cold Numbers Upend Midterm Election Assumptions
M&G USA Unsecured Creditors Say DAK Americas Shouldn’t Have Secured Lender Status
A Case for Eliminating SEC’s ‘Bad Actor Rule’
Vendors in Developing Economies Caught in ‘Debt Trap’
Saks Owner to Hire CVS Veteran as Next CEO
Firm Retention Summary: Rand Logistics Inc.
Sempra Lines Up More Settlements in Oncor Takeover
Oil Prices Fall as Stocks Selloff Rattles Market
Wynn Set Up LLC to Pay Accuser
Growth Hopes Buoy Copper
Charming Charlie Looks to Close More Stores
Fed Paper Studies How Import Price Changes Affect Income Groups
Voices: How Zero-Based Budgeting Can Help Clients
ECB’s Draghi Warns of ‘New Headwinds’ From a Rising Euro
Walter Investment CEO Departs Amid Bankruptcy Delays
Avon Names New CEO as Activist Investors Lose Patience
Bitcoin Lawyer Marco Santori Moves From Law Firm Cooley to Startup
Lawrence Lindsey Withdraws From Consideration for No. 2 Fed Post
Dollar Extends Slight Gains
U.N. Sees U.S. Tax Cut Offering a Limited Boost to Foreign Firms
Victoria’s Secret Boss Bets on a Radical Idea: Smartphones Will Fade
U.S. Service-Sector Activity Hits Decade-High
Banks Shutter 1,700 Branches in Fastest Decline on Record
Kroger Reaches Deal to Sell Convenience-Store Business
Employment Index Rose in January
Wells Fargo Rebuke Puts Bank Boards in Fed’s Crosshairs
Jerome Powell Sworn In as Federal Reserve Chairman
Arby’s, Buffalo Wild Wings Merge to Compete in Fast-Changing Industry
Allergan Names Matthew Walsh New Finance Chief
Fed Puts ‘Fear of God Into Bank Boardrooms’ | Banks Double Down on Branch Closures | Clozel’s Take: Lawmakers Divided on Fintech Policy
Eurozone Economy Grows Faster Than Estimated
Zakrzewski’s Take: As Venture Capitalists Dive Into ICOs, Regulators Follow
Breyer Leads $25 Million Bet on Health-Care AI Startup
Clozel’s Take: Lawmakers Divided on Fintech Policy
China’s Latest Cryptocurrency Target: Websites
Amazon Already Disrupted the Sale of Print Titles. Up Next: Audiobooks
Fed Puts ‘Fear of God Into Bank Boardrooms’ | Banks Double Down on Branch Closures | Clozel’s Take: Lawmakers Divided on Fintech Policy
Buell’s Take: Ireland May Be Playing Long Game With Lane
Viewpoint: Distress Continues to Percolate
Saudi Campaign Seeks to Calm Investors Shaken by Anticorruption Drive
Asset Growth in the World’s Largest Money-Market Fund Slows Sharply
Aging Beauty Brands Want a Facelift
Fast Fashion Comes to the Beauty Aisle
As Stock-Market Rout Spreads, Investors Fear Markets Falling in Lockstep
The Market Calm Is Suddenly Gone and Correction Watch Is On
Japan Still Not Ready to Call End to Deflation
Fed Backs Marijuana-Focused Credit Union
Dow Tumbles Over 1,100 Points in Biggest Point Drop Ever
Market direction: Rise