Date: 2018-07-31 00:00:00
S&P 500 (SPY) — open: 281.51, high: 281.69, low: 279.36, close: 279.95, volume: 63742500, daily change: -0.0052
News headlines:
China July Caixin Final Manufacturing PMI Hits Lowest in 8 Months
Strong Economic Growth Boosts U.S. in Trade Battles
Mammoth Biosciences Grabs $23 Million for Crispr-Based Disease Detection
CBS Alleges Videotape of Ailing Mogul Sumner Redstone Felled Board Member
Berkshire Hathaway’s Newest Bet: Former Sears Properties
U.S. Judge Rules for NYU in $358 Million Retirement-Fees Case
U.S. Workers Get Biggest Pay Increase in Nearly a Decade
Rizzo’s Take: Retail Gloom Could Be Easing, But It Isn’t Gone Yet
Rizzo’s Take: Retail Gloom Could Be Easing, But It Isn’t Gone Yet
Dollar Rises After Inflation Data
Carlyle Group to Move New York Offices to One Vanderbilt
P&G Shifts Strategy, Raises Prices
Third Point Has Built Campbell Soup Stake Worth More Than $300 Million
Stocks Higher on Trade Optimism
David Einhorn’s Funds Log Another Quarterly Decline
New York’s Flatiron Hotel Files for Bankruptcy
Home Price Gains Held Steady in May
Kleiner Perkins Grabs New Talent in Bid to Be ‘the First Part of the Conversation’
Oil Prices Decline, Weighed Down by OPEC, Russia Output
Law Firm Appeals Ruling in Price-Fixing Suit Against Bankruptcy Management Solutions
Quantitative Easing, a Decade Later
How to Gauge the Fed’s Reaction to Trump’s Tweet
NBER Paper Studies Productivity Growth, Employment and Labor Share
Copper Rises on Hopes of Easing Trade Tensions
Trump Administration Embraces Fintech Startups
GAM Suspends Fund Manager
Lumber Liquidators Shares Plunge as Higher Costs Weigh on Margins
Arconic Shops Unit That Made Panels in Grenfell Fire
SoftBank’s Vision Fund Hiring Deutsche Bank’s Chief for Saudi Arabia
Pfizer to Raise R&D Spending as Pipeline Focus Sharpens
Heritage Home Gets Court Approval for Bankruptcy Financing
U.S. Household Spending, Income Rose in June
Short Seller Who Slammed Samsonite Takes Swipe at New Target
U.S. Executives Keep Hoarding Cash as Trade Tensions Unfold
U.S. Consumer Confidence Rises Slightly
Bank of America, Morgan Stanley to Invest in Luma Financial
Chicago Business Barometer Rises in July
Food Retailer Supervalu Settles With Activist
Eurozone Economy Slows Further as Exports Sputter
A FANG Index Slides Into Correction Territory
Fortive to Acquire Software Provider Accruent for About $2 Billion
Japan Inc. Is Decluttering—and Foreign Investors Love It
Nobody Says ‘Zelle Me’: Banks Struggle to Catch Up to Venmo
Challengers to VC Model Find It’s Easier Said Than Done
Out of Stock Online? Zara Will Ship From Stores Instead
Credit Suisse on Track for First Annual Profit in Four Years
BOJ Sticks to Policy, Defying Expectations
Quantitative Easing, a Decade Later
Derby’s Take: K.C. Fed Digs Into What’s Really Driving Hawks and Doves
BP Earnings Boosted by Higher Oil Prices
Turkey’s Central Bank Raises 2018 Inflation Forecast
Japan’s Bond Market Gets a Longer Leash
GV Leads $30 Million Round in Life Science Innovation Software Startup
Geron’s Take: ‘Rise of the Rest’ Funding Still Lags
Standard Chartered Sees Positive Side to U.S.-China Trade Dispute
Swiss National Bank Returns to Profit in Second Quarter
Lower Aussie Dollar Could Deliver Shock, Moody’s Says
Southeast Asian Markets Rebound in July
Omniome Rounds Up $60 Million Series B for DNA-Sequencing Technology
New Zealand Business Confidence Slumps to Recession Lows
China’s Factory Activity At 5- Month Low Amid Trade Tensions
Market direction: Neutral