Date: 2017-08-24 00:00:00
S&P 500 (SPY) — open: 244.33, high: 245.05, low: 244.16, close: 244.56, volume: 50203800, daily change: -0.0036
News headlines:
Oil Rebounds in Asia as Hurricane Nears Texas
Investors Are Betting Smart Speakers Will Have a ‘Smartphone Moment’
Activists in Jackson Hole Pressure Fed on Inflation, Endorse Yellen
Jackson Hole Cheat Sheet: Who’s There and What They’re Talking About
Brazilian Steelmaker Gerdau Shakes Up Top Ranks, Names New CEO
Japan July Core CPI Up 0.5% on Year
The Fed’s Inflation Conundrum: An Explainer
Apic Bio Gets Financing to Tackle Rare Lung Disease
Sears to Close Another 28 Kmart Stores as Sales Slump Continues
Two Bankers Indicted In Libor-Manipulation Case
U.S. Sanctions Could Prompt J.P. Morgan to Push Venezuela From Bond Index
Market Talk: Daily Analysis Roundup
Rizzo’s Take: Aman Resorts Shell Company Circles Back to Bankruptcy Court
Apple Gets $208 Million in Tax Breaks to Build Iowa Data Center
Roundup of Form D Regulatory Filings--August 24
Oil Edges Lower As Traders Eye Hurricane Harvey
Dollar Edges Higher Ahead of Jackson Hole Conference
Stocks Slide, Dragged Lower by Consumer Staples
Madoff Associate Rejects Trustee’s ‘Double Recovery’ Attempt
SEC Has Chance to Improve Corporate Transparency
High Investor Hopes Might Lead to Lower Audit Quality
Return On Warren Buffett’s Attempt to Buy Oncor: Zero
U.S. Seeks Approval of Peabody Energy’s Pollution Settlement
Wells Fargo, U.S. Bancorp Turn to Blend to Speed Up Mortgage Applications
Texas Regulators Wary of Latest Deal for Utility Business Oncor
Packaged-Food Companies’ Revamp Efforts Fall Short for Investors
Fed Seeks Comment on Three Proposed Borrowing Benchmarks
Comcast Enters Partnership With Solar-Power Provider Sunrun
World Surf League to Take Over Titans of Mavericks Contest
PetMed Asks Google to Remove Tramadol Ads From Search
Home Sales Decline in July to Slowest Pace This Year
Signet, Tiffany See Trendy Baubles Fueling Rise in Sales
Fiat Chrysler CEO’s Search for Partner Is Running Out of Time
Bank of Mexico Avoids Talk of Rate Cuts
Firm Retention Summary: Gymboree Corp.
Kaplan: Another Rate Rise This Year Still Possible, but Fed Should Be Patient
Volkswagen, Fiat Discussing Joint Production of Light-Utility Vehicles
Kansas City Fed Manufacturing Index Rises in August
Fed’s George Tells TV Networks More Rate Rises Are Needed
It’s Listed and It’s Surging: Switzerland’s Central Bank
Euro Down Against Dollar
CIBC Earnings Beat Expectations After PrivateBancorp Purchase
OPEC Keeps Options Open, Including Extending Cuts
U.S. Jobless Claims Rose Slightly Last Week
Easier Path to Insider-Trading Convictions | Yellen’s Future Hangs Over Jackson Hole | AmEx Settles With CFPB | Witkowski’s Take: Two Off-Key Notes in Banks’ Earnings
Brexit Uncertainty Slows U.K. Business Investment, Immigration From EU
Haggin’s Take: Earnouts On the Rise as Valuations Climb
VCs Back Tech-Driven Litigation Finance
Witkowski’s Take: Two Off-Key Notes in Banks’ Earnings
Toyota Finds New Customers: People Who Don’t Like Toyotas
Easier Path to Insider-Trading Convictions | Yellen’s Future Hangs Over Jackson Hole | AmEx Settles With CFPB | Witkowski’s Take: Two Off-Key Notes in Banks’ Earnings
Clouds Part for Europe This Year
Spillovers from the ECB’s Monetary Policy Measures on Southeastern Europe
Douglas’s Take: A Novel Way to Exit QE
Yellen, Draghi Set to Be Watched Closely at Jackson Hole
Janet Yellen’s Future at the Fed Unresolved Heading Into Jackson Hole
Bull Market Uncertainty Propels Gold Rush
Beacon Roofing Pays $2.63 Billion for CRH’s U.S. Distribution Business
Seadrill, a Big Offshore Oil Player, to Seek Bankruptcy Protection
Brickley’s Take: Cautious Applause for Sempra’s Play for Oncor
Market direction: Neutral