Date: 2017-07-10 00:00:00
S&P 500 (SPY) — open: 241.21, high: 242.28, low: 240.56, close: 242.11, volume: 57972300, daily change: 0.0065
News headlines:
Trump to Nominate Randal Quarles as Fed Bank Regulator
Elliott Set to Duel Berkshire for Energy Future’s Oncor
Talks Stall Between Abercrombie, Potential Buyers
Trump Regulation ‘Czar’ Cleared by Senate
Honda Confirms Another Death Linked to Takata Air Bag
Market Talk: Daily Analysis Roundup
Consumer Agency’s Arbitration Move Sets Off GOP Showdown
J.C. Penney CFO Steps Down
Bond Market Predicts Low Inflation
Snap Shares Fall Below IPO Price for First Time
Stocks Rise, Led by Tech, Materials Sectors
Warren Buffett Gifts $3.2 Billion in Berkshire Hathaway Stock to Charities
Dollar Little Changed Ahead of Yellen Report
Oil Prices Edge Higher
A Smarter Approach to ETF Investing
Credit Unions’ ‘Common Bonds’ Shouldn’t Be So Common
Banks Boost Checking-Account Prices to Recoup Interchange-Fee Losses
Oil Up? Oil Down? Blame the Algorithms
Germany’s Klöckner Hopes for New Steel Tariffs in the U.S.
Gold Edges Higher
Stech’s Take: Hartford, Conn., Bankruptcy Would Be a First for Its New Law Firm
Stech’s Take: Hartford, Conn., Bankruptcy Would Be a First for Its New Law Firm
U.S. Consumer Credit Increased by $18.41 Billion in May
Department Stores Are Starting to Discount Cosmetics
Military Apparel Maker Short Bark Files for Bankruptcy
Cogeco Communications Expands U.S. Market Share With MetroCast Buy
New Fares and Fees Seen Lifting Airline Revenues
Fed Shouldn’t Be Fighting the Last War
Bundesbank Paper Explores Interest-Rate Pegs, QE and the Reversal Puzzle
Firm Retention Summary: Gymboree Corp.
U.A.E.’s Oil Company Eyes Partnerships, Listing Some Businesses
Sears Canada Holders Weigh Options
South African Official Drops Demand to Change Central Bank’s Mandate
CFTC Wants New Swaps Transaction Reporting Rules
Voices: Helping Clients Navigate Liabilities From Work on Nonprofits’ Boards
Libya, Nigeria Invited to Meeting of Oil Producers
Pepsi Earnings: What to Watch
Traders Gobble Up Wheat Amid Great Plains Drought
Glitches Disrupt Trading in India, Indonesia
Conference Board’s Employment Trends Index Fell in June
What Would Gates Do? A Defense Chief’s Plan for North Korea
Ripples Spread in Global Bond Selloff
Samsonite Aims to Bag More Market Share
Puerto Rico’s Broken Promesa
Zinc Is in The Pink, as Mine Supply Struggles to Meet Demand
Nuclear, Missile Scares Fail to Shake Investors out of South Korea
A Key Borrowing Spigot Opens for Ford
Lawmakers Oppose Exchange Sale, Citing China | Phone as Key to ATMs of the Future | Regulator Warns Banks on Fintech | Plan for New Trading Pit Triggers Feud | Rubin’s Take: Clearing’s Impact on Financial Stability
U.S. Venture Fundraising Haul Isn’t Letting Up
Zakrzewski’s Take: Harassed Founders Have Rights Too
Rubin’s Take: Clearing’s Impact on Financial Stability
Scurria’s Take: Seritage Anniversary Reflects Sears’ Slow Burn
Lawmakers Oppose Exchange Sale, Citing China | Phone as Key to ATMs of the Future | Regulator Warns Banks on Fintech | Plan for New Trading Pit Triggers Feud | Rubin’s Take: Clearing’s Impact on Financial Stability
Lawmakers Call on SEC to Reject Chicago Stock Exchange Sale
Hannon’s Take: Faint Stirrings On The ECB’s Borders
‘Tentative’ Signs of Slowdown in U.S. and U.K., Says OECD
Finance Chiefs Want You to Use Plastic, Not Paper
Fed Treasury Holdings Seen Returning to Current Levels After Wind-Down
Investors Turn Attention to ECB Following Fed Moves
German Exports Roar in May to Reach Record High
BOJ Most Bullish on Regional Economies in Over a Decade
China Producer, Consumer Inflation Held Steady in June
Rule to Protect Retirement Savings Likely to Lose Bite
Scurria’s Take: Seritage Anniversary Reflects Sears’ Slow Burn
Market direction: Neutral