Date: 2018-05-24 00:00:00
S&P 500 (SPY) — open: 271.17, high: 273.39, low: 270.99, close: 273.36, volume: 64694200, daily change: 0.0028
News headlines:
Asia Stocks Again Look Past North Korea
Oil Prices Remain Capped by Potential of Higher OPEC Output
Automation Pressuring Mid-Level Worker Wages
Maker of Necco Wafers Gets a Sweet Reprieve
With Clothes Piling Up, Gap Leans on Heavy Discounts to Clear Stores
Congressional Budget Office’s Long-Term Deficit Forecast Dwarfs White House Estimate
Europe’s Data Regulators Set to Enforce New Powers
How to Reduce the Bank Regulation Pile-Up
Bail-Ins Beat Bailouts at Building Bank Capital
United Continental Board Selects Its First Female Chair
U.S. Stocks Fall After Trump Nixes North Korea Summit
Rizzo’s Take: Activist Investors Look to Shepherd Destination Maternity’s Turnaround
Macy’s Turns to Former Ahold Executive to Fill Finance Chief Spot
Elements Behavioral Health Cleared to Tap $14.2 Million Bankruptcy Loan
RBC and TD Show Mortgage Strength
Oil Slips as Investors See Easing to OPEC Output Cut
Quick Hits: San Francisco Fed Says Bitcoin Bears Bubble Trappings
BOE’s Carney: A ‘Sharper’ Brexit Could Change Rate Rise Plans
S&P Global Moves to Start Ratings Business in China
Gold Lifted By Canceled North Korea Summit, Weaker Dollar
U.S. Existing Home Sales Fell in April
Toys ‘R’ Us Wins Court Approval to Sell Intellectual Property
Pfizer to Pay $24 Million to Settle Probe Into Copay Assistance Charities
Dollar Slides Lower
Trump Signs Banking Bill, Adding to Regulators’ To-Do List
Europe to Clinch Cheaper Russian Gas With Gazprom Deal
Goldman, Blackstone Make Peace in Credit-Derivative Standoff
Standards Too Weak to Prevent Chemical Plant Blast After Harvey, Probe Finds
Senate Confirms FDIC Nominee Jelena McWilliams
The Trump-Kim Summit, Lost in Translation
Europe’s Economy Throws a Wrench in the ECB’s Plans
Bank of America Says It Has a Claim on Assets Sought by Applebee’s Parent
Kaplan Says He’s Watching How Fed Policy Affects Global Economy
Regional Manufacturing Activity Expands, but Outlook Drops
Best Buy Shares Fall After Company Signals Slowing Growth
Russia, OPEC Members to Discuss Easing Oil Output Cap
How a Weakened ESPN Became Consumed by Politics
Philadelphia Fed Paper Studies Income Differences and Peer Distress
Deutsche Bank to Cut Thousands of Jobs
Visa, Mastercard Push for One-Click Ordering. Retailers Say ‘Not So Fast’
When Your Home Has Its Very Own Jungle
U.S. Jobless Claims Rose to 234,000 Last Week
South Africa’s Economy May Have Shrunk in First Quarter, Warns Central Bank
Maker of Candy Hearts, Necco Wafers Sold at Auction
Diageo Calls Time on Seagrams VO and Other Spirits
Rover Raises $125 Million as Dog-Sitting War Heats Up
Yen Rises Vs. Dollar After Trump Cancels Summit
Activist Elliott Discloses Stake in Germany’s Thyssenkrupp
ECB Warns Against Trade Spats, Urges Patience in Easing
Merrill Lynch Brokers Face Pay Clawbacks
Zakrzewski’s Take: Regulations Sometimes Help, Rather Than Hold Back, Startups
Tracy’s Take: Bill Adds to Fed’s Growing To-Do List
Starbucks Opens Its Bathrooms. Now It Needs to Keep Them Clean and Drug Free
Effort to Revive Small Bank Loans | JPMorgan, Citi Lobby GOP to Relax Swap Rules | Tracy’s Take: Bill Adds to Fed’s Growing To-Do List
Hannon’s Take: A Tougher Call for the ECB
Bank Indonesia: More Rate Rises to Come
Brii Biosciences Grabs $260 Million to Tap Chinese Health-Care Market
GDPR Takes Effect on Friday—Here’s What to Expect
From Restaurants to Insurers, the Race to Comply With Privacy Rules
Rusal CEO Quits Amid Pressure Over U.S. Sanctions
China Stocks Lag Despite Trade-Zone Excitement
Westfield Shareholders Approve Big Mall Deal
Malaysia’s Markets Are Feeling the Aftermath of Its Shock Election
Bank of Korea Keeps Base Rate Unchanged at 1.50%
Brickley’s Take: Eagan Avenatti Law Firm Ordered to Pay $10 Million to Former Partners
Market direction: Neutral