Date: 2017-11-13 00:00:00
S&P 500 (SPY) — open: 257.73, high: 258.29, low: 257.37, close: 258.09, volume: 59984700, daily change: -0.0003
News headlines:
S&P Rules Venezuela in Default on Interest Payment
Australian Business Conditions Hit Record High in October
China Housing Sales by Value Dip 3.4% in October
Oil Futures Down Modestly as Investors Await News
Cumulus Discloses Details on Debt-for-Equity Swap With Bondholders
GST AutoLeather Wins Court Approval of Bankruptcy Sale Process
Number of Systemically Important Banks to Decline Under Senate Deal
Calpers Takes Hard Look at ‘Bigger and Fewer’ Approach to Private Equity
Arcus Biosciences Rounds Up $107 Million for Cancer Combination Therapy
Low Market Volatility May Not Be Worrisome
The Financial Warning System Isn’t Functional
Voices: On Educating Clients on the Impact of Investment Costs
French Insurer AXA Files for IPO of U.S. Unit
Trustees Put Diamond Distributor Exelco into Chapter 15 Bankruptcy
New CFO as Bank of New York Mellon’s CEO Makes Changes
GE Cuts Dividend, Slashes Profit Goals Amid Restructuring
Weinstein Co. Lender Sues to Recover $45 Million Loan
Dollar Improving Against Emerging-Market  Currencies
Brazil’s Petrobras Posts Profit
State Street to Make Further Push for Board Gender Diversity
Credit Suisse to Pay $135 Million to Settle Allegations of Improper Foreign-Exchange Activity
Pacific Drilling Files for Chapter 11 Bankruptcy Protection
U.S. Stocks Edge Up to Start the Week
GE to Simply Its Reporting of Financial Results
Scurria’s Take: Highland Goes Globetrotting in Ocean Rig Restructuring Battle
Scurria’s Take: Highland Goes Globetrotting in Ocean Rig Restructuring Battle
Oil Futures Mixed After OPEC Report
Madison Square Garden CEO David O’Connor Steps Down
U.S. Ran $63 Billion Budget Deficit in October
BOJ’s Kuroda Says Easy-Money Policies to Persist to Ensure Higher Inflation
Winner of North Carolina Hospital Auction Challenges Late Bid
Chinese Aluminum Company Drops Bid for U.S. Firm
Gold Rises on Middle East Concerns
Apollo Global Management Names Co-Presidents
IPOs Roar Back World-Wide, With Asia Driving the Boom
Tyson Wants to Use Beef to Fatten Up Poultry Business
Pfizer Sets Up Succession Plan With Creation of Operating Chief Role
Democrats’ Challenge: Don’t Blow Their New Opportunity
Tensions Mount Over Bombardier’s CSeries Deal With Airbus
Brookfield Property Confirms $14.8 Billion Offer To Buy Remainder of GGP
Bitcoin Plunges More Than 25% in Four Days
OPEC Defends Policy Ahead of Crucial Meeting
Female Venture Capitalists to Coach Women Entrepreneurs on Pitches
AB InBev Switches U.S. Boss as It Struggles With Sales Slump
Whistleblowers Point to SEC Watchdog | Exchanges to Seek CAT Delay | Chacko’s Take: Wrapping Up Postcrisis Response
Is the Emerging-Markets Party Over?
Arterys Nabs $30 Million Series B, Seeks Expansion of Medical-Imaging Software
Zakrzewski’s Take: Founders Suffer When VCs Behave Badly
Chacko’s Take: Wrapping Up Postcrisis Response
Whistleblowers Point to SEC Watchdog | Exchanges to Seek CAT Delay | Chacko’s Take: Wrapping Up Postcrisis Response
Derby’s Take: Fed Chairs Are Made By Events, Not Personal Ideology
Citigroup’s Credit-Card Growth Plans Hit a Snag
Constâncio Says ECB Will Maintain Accommodative Monetary Policy
The War On Central Banks
New Zealand Finance Minister Seeks More Changes at RBNZ
Clinical Development News, Nov. 6-10
Brickley’s Take: GenOn Energy Postpones Chapter 11 Confirmation Hearing
Market direction: Neutral