Date: 2018-01-18 00:00:00
S&P 500 (SPY) — open: 278.03, high: 280.05, low: 276.97, close: 279.61, volume: 113258800, daily change: 0.0095
News headlines:
Colombian Delivery Service Rappi Raising Up to $145 Million
MetLife Cements Legal Victory in Shedding ‘Systemically Important’ Label
Firms With Diversity In Executives Had Bigger Profit Margins, Study Shows
HSBC to Pay $101.5 Million to Resolve Federal Fraud Charges
Fed’s Mester: Fed Will Need to Raise Rates Three Times in 2018, 2019
White House Considering San Francisco Fed’s Williams for Fed Vice Chairman
Woodbridge Group Bolsters Board of Directors While Fighting Off Bankruptcy Trustee
Puerto Rico Bank Account Probe Was Months in the Making
Cities on Amazon Shortlist Look to Next Steps
American Express Reports First Loss in Quarter-Century
U.S. Dollar Falls Ahead of Budget Showdown
Seth Klarman’s Baupost Stands to Reap Windfall From Toshiba’s Claims in Westinghouse
JPMorgan’s Dimon Received $29.5 Million Pay Package in 2017
U.S. Stocks Tick Lower After Dow 26000
Yerak’s Take: Retailer Bankruptcy Filings Feature Theft-Prevention Plans
Quick Hits: Euro Rise May Not Be Sufficient for Real Worry at ECB
Texas Instruments Names Operating Chief Brian Crutcher as CEO
Yerak’s Take: Retailer Bankruptcy Filings Feature Theft-Prevention Programs
BNY Mellon to Raise Wages for 1,000 Employees Following Tax Overhaul
Imports’ Role in U.S. Housing Downturn
Firm Retention Summary: Cobalt International Energy Inc.
Firm Retention Summary: Global A&T Electronics Ltd.
Marijuana Banking Hasn’t Been Snuffed Out
Morgan Stanley’s Brokers Push Its Profits Higher
The Fed Is Losing Control of the Financial Markets
Liberty Street Post Studies Consumer Spending Across Business Cycles
Voices: A Millennial Adviser on Working With Millennial Clients
Oil Hovers Near Three-Year Highs as Investors Parse Supply Data
Banking on Lower Tax Rates
M&G Polimeros Files Complaint Against M&G Polymers, Comerica Bank
Keystone XL Pipeline Obtains Enough Shipper Commitments to Proceed
CFPB Requests $0 Budget, Will Draw Down Reserves Instead
With Tax Savings, Some Employers to Boost 401(k) Contributions
Mortgage Servicer Walter Investment Cleared to Leave Bankruptcy
Transcript: Audience Q&A With New York Fed’s Dudley at Sifma Gathering
Transcript: Media Q&A With Chicago Fed’s Charles Evans in Palm Beach, Fla.
House Panel Approves Bill to Undo Money-Fund Changes
New Home Building Dropped Sharply at End of 2017
Stop Dwelling on Last Crisis—Prepare for Next One, Says ECB’s Cœuré
U.S. Jobless Claims Fell to Near 45-Year Low
Manufacturing Activity Declines in Northeast
South African Central Bank Keeps Main Repo Rate on Hold
Wyndham to Buy La Quinta Hotels in $1.95 Billion Deal
BP Returns to a Northern Iraq Now Free of Islamic State
InsideSales.com Raises $35 Million From Microsoft
Apartment List Nabs $50 Million, Eyes Expansion
Davis’s Take: Drones Fly Over ‘Trough of Disillusionment’
Bank Indonesia Leaves Interest Rates Unchanged
Pandion Vies for Autoimmune Market With Series A
CFPB Launches Wholesale Review | SEC Staff Backs Shakeup of End-of-Day Auctions | Rubin’s Take: CFTC to Discuss Promise, Perils of Bitcoin
Rubin’s Take: CFTC to Discuss Promise, Perils of Bitcoin
CFPB Launches Wholesale Review | SEC Staff Backs Shakeup of End-of-Day Auctions | Rubin’s Take: CFTC to Discuss Promise, Perils of Bitcoin
Buell’s Take: Will Scrutiny of ECB Subside as Policy Normalizes?
Turkey Keeps All Interest Rates on Hold
Airbus Wins Lifeline for Ailing A380 Superjumbo From Emirates
Analysis: Surging Job Creation Down Under Fails to Move RBA’s Needle
One Year in, Trump Has Broken All the Rules
Eurozone House Prices Surge
Bank Profits and the Yield Curve
Weidmann Stands Up for German Economic Policies After IMF Criticism
Exports To China and U.S. Job Creation
Diesel Demand Boosted Crude, But May Now Hurt It
Bank of Korea Raises Growth Forecast but Leaves Rates Unchanged
Market direction: Neutral