Date: 2018-05-17 00:00:00
S&P 500 (SPY) — open: 271.14, high: 272.76, low: 271.11, close: 272.24, volume: 53942600, daily change: 0.0042
News headlines:
Oil Futures Rebound Some; Brent Still Below $80
Calpers Weighs Following Warren Buffett’s Path
Kushner Cos., Brookfield Near a Deal for Stake in 666 Fifth Ave.
Emerging-Market Currencies Fall Against Dollar
Icahn Fights Attempt to Take AmTrust Private
Sportswear-Maker Puma to Open New York Flagship
United Continental CFO Levy Departs Company
Gawker Media Reaches a Truce With Peter Thiel
U.S. Stocks Retreat on Trade Worries
Store Changes Help Walmart, Macy’s, but J.C. Penney Falls Further Behind
Kroger Makes Bold Push to Boost Online Shopping
Nordstrom Reports Weaker Same-Store Sales Growth
Banks Should Educate Customers on New ‘Due Diligence’ Rule
Deposit Insurance Has Mixed Effects on Failing Banks
Bank of Mexico Warns on Weaker Peso Risks as It Leaves Rates Steady
Rex Energy Says It Will File for Bankruptcy ‘Imminently’
Scurria’s Take: Modern VideoFilm’s Failed Merger Spawns Second Bankruptcy
Fed Pick Clarida Holds at Least $9 Million in Job-Related Financial Assets
Brent Crude Hits $80 Amid Concerns Over Iran Supply
Fox News Names Suzanne Scott its First Female CEO
Applebee’s Moves to Possibly Seize Bankrupt Franchisee’s Restaurants
Stronger Dollar Sends Gold to Fresh 2018 Low
Quick Hits: PBOC Purchased Net 7.42 Billion Yuan of Forex in April
U.S. Household Wealth Rises Largely Among Older Borrowers
Canada Files Charges Related to SNC-Lavalin Probe
Bank of Mexico Steps Up Cybersecurity Actions After Attacks
Companies Can’t Hold the Line on U.S. Wages Much Longer
Torry’s Take: Dearth of Diversity From a Thousand Cuts
BJ’s Wholesale Files for IPO
Fed Paper Examines Foreign Effects of Higher U.S. Interest Rates
Fed’s Kashkari: No Sign of Notable Financial Bubble
Buyer Beware: Hundreds of New Cryptocurrencies Show Hallmarks of Fraud
U.S. Jobless Claims Rise, But Hover Near Recent Lows
Owner of Bankrupt Oregon Dairy Seeks Permission to Sell
Sharp Drops in Currencies Hint at Spreading Volatility
Conference Board’s Leading Economic Index Rises
Kazakhstan Plans IPO of World’s Largest Uranium Miner
What Do Tesla, Apple and SoftBank Have in Common? They’re All Hot for Lithium
Wells Fargo Altered Information on Business Customers’ Documents
Manufacturing Activity Climbs in Mid-Atlantic
Bank Indonesia Raises Rates to Prop Up Currency
Season Tickets? Small Firms Rethink Client Events After Losing Tax Break
Tianqi Lithium to Buy Minority Stake in Miner SQM for $4.07 Billion
AI-Powered Oven Automates Cooking
Maisonette Raises $15 Million for Children’s Fashion
Zakrzewski’s Take: Why EU Privacy Regime Matters to Every Startup
Investors Bet $14 Million on AI-Powered Camera to Teach Babies to Sleep
Citigroup Fined More Than $7 Million by Hong Kong Regulator
Strong Earnings? Don’t Expect the Market to Rally
Deng’s Take: China’s Debt Pains Here to Stay, for Now
Justices’ Ruling Has Cost Investors $800 Million, SEC Says | Fake Crypto Scam as Lesson | Deng’s Take: China’s Debt Pains Here to Stay, for Now
Power Play: How China-Owned Volvo Avoids Beijing’s Battery Rules
Oil Is Above $70, but Frackers Still Struggle to Make Money
Downside Risks For Sterling Despite Reports on Customs Union
A New Link Between Monetary Policy and Inequality
Asia Stocks See More Wide Declines
More 3 1/2-Year Highs for Oil Prices; Brent Nears $80
Australian Unemployment Rate Rose in April
Tencent’s Jump Fails to Lift Hong Kong Benchmark
Gene-Therapy Startup Flash Therapeutics Launches With $3.9 Million
Yerak’s Take: A’Gaci Gets Creative to Reduce Costs
Market direction: Neutral