Date: 2018-07-18 00:00:00
S&P 500 (SPY) — open: 278.47, high: 280.91, low: 278.41, close: 280.47, volume: 52315500, daily change: 0.004
News headlines:
China Bike-Sharing Giant Ofo to Shut Most U.S. Operations
Tim Draper-Backed California-Breakup Plan Removed From November Ballot
Neuraly Procures $36 Million Series A
Papa John’s Founder Recently Held Merger Talks With Wendy’s
As Hurricane Season Arrives, American Homeowners Haven’t Fixed Their Underinsurance Problem
CFPB Wants to Help Launch New Fintech Products
American Express Lifts Its Revenue Forecast for the Year
Airshow Buyers Seek Discretion Amid Trade Tensions
UnitedHealth Is Among Suitors Circling Tenet’s Conifer Business
U.S. Dollar Rises Amid Favorable Backdrop
Lawmaker Questions U.S. Trustee Over McKinsey’s Conflict Disclosures
Rizzo’s Take: Former Toys ‘R’ Us Employees’ Fight for Severance Gains Traction
Morgan Stanley’s Profit Jumps 39%
Stocks Rise as Fed Chairman’s Testimony Continues
Elements Behavioral Health Creditors Criticize Sale Process
Proposed 401(k) Laws: What You Need to Know
Mexico Postpones Oil Auctions Until López Obrador Takes Office
Wall Street’s Dark Pools Get Transparency Makeover
Toys ‘R’ Us Reaches Settlement With Creditors, Vendors
Before House Panel, Powell Affirms Fed’s Plan to Raise Interest Rates Gradually
Do Passive Investors Move Markets? They Can
Oil Prices Rise Despite Jump in U.S. Inventories
Powell Sees Little to Worry About on Financial Stability
Magnetation Iron Ore Business Returns to Bankruptcy Protection
Fed Report Shows Mounting Tariff Concerns Among Businesses
U.S. Regulators Support Removing Fed Oversight of Zions Bancorp
Copper Recovers From Early Losses
United’s Flights to China Boost Revenue
India’s BookMyShow Raises $100 Million
Bankrupt Applebee’s Franchisee Closes 13 Restaurants
Private-Equity Firm Silver Lake Offers to Invest $500 Million in iHeartMedia
Continental to Spin Off Powertrain Unit
Housing Market Stumbles at the Beginning of Summer
Firm Retention Summary: ActiveCare Inc.
Novartis Won’t Raise U.S. Drug Prices This Year
The Working Poor Need Help. Keep the Expansion Alive
High-End Living in Miami With Fashion and Fast Cars
Liberty Street Post Studies Impact of Tax Changes on Bank and Corporate Cyclicality
Sinclair Changes Divestiture Plans to Address FCC Deal Concerns
SoftBank Leads $121 Million Investment in Camera Startup Light
The Fog of Trade War: The Trouble With Wall Street’s Favorite Buzzword
Zinsli’s Take: In Search of the Land of Unicorns
More VCs Betting on Telemedicine
PocketWatch Raises $15 Million to Entertain Kids
Europe Fines Google Over Android; What Does It Mean?
Centivo Raises $34 Million to Create Primary Care-Focused Plan
Timiraos’s Take: Powell Pulls Back on Forward Guidance Again With “For Now” Qualification
New York-London in 3½ Hours? Supersonic Travel Is Back on the Horizon
Hong Kong Exchange Moves Toward Deal With Mainland For Supervoting Shares
Bank Indonesia Expected to Keep Interest Rate Unchanged
Emerging Consensus Could Herald Rebound in Asian Markets
Corrigan’s Take: Croatia’s Agrokor Makes U.S. Bankruptcy Court Debut
Former Fed Chief Ben Bernanke Says Economic Outlook Is ‘Quite Strong’
Market direction: Neutral