Date: 2018-05-22 00:00:00
S&P 500 (SPY) — open: 273.01, high: 273.98, low: 272.57, close: 273.37, volume: 58025900, daily change: 0.0075
News headlines:
Shareholders Rebuke Wynn Resorts on Executive Pay
NEA Staffs Up Amid ‘Tepid’ Acquisition, IPO Markets
U.S. Pullback in Oil Prices Continues in Asia
Calpers CFO Becomes Latest Official to Exit Largest U.S. Public Pension
Harvey Gulf Seeks Court OK to Exit Bankruptcy
U.S. Stocks Slip as Investors Weigh Trade Talks
Why Venezuela Sanctions Are Even More Bullish for Oil Than Iran Sanctions
Univision Taps Vincent Sadusky as CEO, Succeeding Randy Falco
Toll Brothers Shares Slide, Hurt by Weak Results
How the Unfettered Fed Flattened the Phillips Curve
Bank Deregulation Bill Clears Congress
J.C. Penney CEO Quits to Join Lowe’s
Digital Currencies: Five Big Implications for Central Banks
Comcast Preps for $74 Million Sports Network Bankruptcy Fight
Oil Prices Rise on U.S. Sanctions Threats Against Iran, Then Fall Back
PetSmart Names New CEO as Retailer Grapples With Retail Disruption
Dollar Little Changed Ahead of Fed Minutes
Firm Retention Summary: RMH Franchise Holdings Inc.
Why Copper Is Missing Out on the Commodities Rally
Fed Survey: Americans See Brighter Economic Prospects, but Fragility Remains
Pennsylvania Sues Advisers Over $360 Million Harrisburg Incinerator Debt
The CFPB Should Be Fixed, Not Stripped
Banks’ Cybersecurity Investments Might Be Misdirected
Bank of Canada Focuses on Smaller Lenders Amid Housing Slowdown
Airbus, EU Say Plane Subsidies Are Over; U.S. Disagrees
Stech’s Take: Education Department Urged to Ease Student Loan Rules
Copper Buoyed by U.S.-China Progress
Honor Bags $50 Million for Elder-Care Network
U.S. Banks Reported Record First-Quarter Profit
TPG in Talks to Take Over Abraaj Group’s Health-Care Fund
Cambridge Analytica Liquidates Assets
New Bidders Emerge for Necco Wafers
Battle for Developers Escalates at Blockchain Startups
The Beginning of the End of Forward Guidance
VoxEU Post Sees Monopsony in Online Labor Markets
Transcript: Media Q&A With Philadelphia Fed’s Harker in New York
The Marrakesh Neighborhood the Jet-Set Call Home
Anger Over Tourists Swarming Vacation Hot Spots Sparks Global Backlash
Richmond Fed Manufacturing Index Returns to Growth in May
Small Banks’ New Money Maker: Bitcoin
Boeing Faces Fresh Union Vote
Brazil’s Central Bank Says Rates Should Remain Low
Santos Rejects $10 Billion Takeover Bid as Oil Prices Rise
Chernova’s Take: Crowded VC Markets—Practically Everywhere Now
Luma Health Raises $6 Million for Doctor-Patient Message Software
Doctor House Calls Gaining Traction
BP Invests $20 Million in Developer of Fast-Charging Batteries
BOE Could Raise Rates in Coming Months, Carney Says
Michaels’s Take: Trying to Decode the SEC’s Crypto Targets
Selling Pressure Stays on Dollar as Pound Climbs
State Regulators Target Coin Offerings | NYSE to Get First Female Leader | Michaels’s Take: Trying to Decode the SEC’s Crypto Targets
Firm Retention Summary: Videology Inc.
Blackstone’s Take: Twin Peaks Against Swiss Franc Proving Hard to Climb
Chinese Tech Unicorns Take New Approach to Raising Cash
Bank Deregulatory Bill to Become Law as Soon as This Week
Chinese Stocks Rally Into the Close
Australian Wages Growth Worst In More Than Seven Decades
BOJ Gov Kuroda to Announce Exit Details When the Time Comes
Cocktail App Downs Shots of New Capital
Corrigan’s Take: Camera Maker Arecont Vision Seeks Approval for Court-Supervised Sale
Market direction: Neutral