Date: 2017-12-14 00:00:00
S&P 500 (SPY) — open: 267.06, high: 267.56, low: 266.65, close: 266.75, volume: 102905400, daily change: -0.0001
News headlines:
RBA’s Harper Says 5% Likely Not Tipping Point for Wage Growth
China’s Central Bank Expands Commercial Bank Lending
CSX Head Takes Medical Leave
Relay Therapeutics Rallies With Series B Round
Y Combinator Launches Growth Program
Americans Are Spending More Than Expected as Holiday Season Heats Up
Oil Prices Consolidate Gains After Thursday’s Rebound
Japan’s Big Manufacturers Optimism at 11-Year High
Property Data Firm Xceligent Files for Chapter 7 Protection
Seadrill Bondholders Are Preparing Rival Rescue Package
Cobalt International Energy Files for Bankruptcy
U.S. Dollar Firmer on Strong Data
U.S. Stocks Slip as GOP Tax Overhaul Hits Late Obstacle
Behind Discount Brokers’ Boom: Advisers, Not Day Traders
Bank of Canada’s Poloz Ready to Keep Policy ‘Quite Stimulative’
Stech’s Take: Database of Bankruptcy Appeals Helps Calculate the Odds of Winning
All Regional Fed Banks on Board With Wednesday’s Discount-Rate Increase
Gold Rises After Fed Meeting
Steinhoff’s Interim Chief Resigns Amid Accounting Probe
Regulators See Cybersecurity as Top Financial Industry Risk
Elliott Preps for Possible Fight With Hess, Seeks CEO Ouster
Oil Prices End Higher
A Case for Offshore Banking
Indian State’s Microfinance Restrictions Brought More Defaults
Disney’s Iger Could Receive Stock Awards Worth Up to $142 Million
Warburg Pincus Group Invests $780 Million in Texas Shale Startup
Quick Hits: Bank of Canada’s Poloz Says Buying Bitcoin ‘Closer to Gambling’
Bank of Canada Head Likens Bitcoin Mania to ‘Gambling’
Soccer Bonds Are Back, With Inter Milan Aiming to Outscore Past Deals
Ambac Debt Swap on Schedule Despite Puerto Rico Unknowns
Odebrecht Debt Restructuring Plan Wins U.S. Court Approval
Rupert Murdoch Says Disney Deal Is a Pivot, Not a Retreat
Voices: Use the Holidays to Discuss Finances With Aging Parents
Five Legal Questions Facing Net Neutrality Rollback
Fed Should Improve Orientation for New Governors, Report Finds
New York Times Publisher Arthur Sulzberger Jr. to Retire
Transcript: Janet Yellen’s December Postmeeting Press Conference
Teva Pharma to Cut 14,000 Jobs as Generic-Drug Business Suffers
Air Berlin’s Niki Luftfahrt Files for Insolvency
Israel Fights Back on Teva Job Cuts
Five Things to Know After Europe’s Central Banks Thursday
KPMG Posts Slowest Revenue Growth of Big Four Firms
Turkey Raises Rate by Less than Expected Amid Political Pressure
ECB Sees 2020 Inflation at 1.7%; Euro Turns Lower
U.S. Jobless Claims Fell Last Week
As Fed Tightens, Europe Hangs Loose
Delta Chooses Airbus Over Boeing for New Planes
Pimco Goes Small to Get Big in Private Equity
Canada’s CEOs Warn Government on Trade Policy
Davis’s Take: Ed Lee and the Disruption of Venture Capital
Investors Launch Biotech Startup Jnana Therapeutics With $50 Million
Asia Banks Won’t Waltz With the Fed on Rates Moves
Michaels’s Take: Audit Regulator Set for Change in Tone
Ag-Focused Startup Ginkgo Bioworks Fetches $1 Billion Valuation
Yellen Signals Continuity on Bank Rules | Bringing Back the Money-Fund Buck? | Michaels’s Take: Audit Regulator Set for Change in Tone
Yellen Signals Continuity on Bank Rules | Bringing Back the Money-Fund Buck? | Michaels’s Take: Audit Regulator Set for Change in Tone
Next Up for Westfield’s Lowy Family: Blurring Retail Lines
Torry’s Take: Yellen’s Parting Shot Tees Up Perplexing Year For Fed
South Africa’s Sibanye Doubles Down on Platinum With Lonmin Buy
Bank Indonesia Leaves Rates Unchanged
The Fed Isn’t the Tax Cut’s Enemy
Wells Fargo Trims Staff in Its Giant Mortgage Unit
Bringing Back the Money-Fund Buck?
South Korea and the Bank of Japan
Initial Coin Offerings Surge Past $4 Billion—and Regulators Are Worried
World Oil Supply Hits Year High, Boosted by U.S. Shale Surge
Philippines Central Bank Keeps Rates on Hold
UBS Names New Wealth-Management Chief
Oil Demand May Exceed Supply Right Now
China Firms Ditch Bonds for Banks in Search for Funds
China’s Central Bank Raises Market Rates Hours After Fed Move
Oil Falls as U.S. Production Rises
Scurria’s Take: New York Wheel Contractor Lands in Bankruptcy
Scurria’s Take: New York Wheel Contractor Lands in Bankruptcy
Five Questions for the European Central Bank’s Policy Meeting
Market direction: Neutral