Date: 2018-05-02 00:00:00
S&P 500 (SPY) — open: 263.87, high: 265.1, low: 262.11, close: 264.98, volume: 74203400, daily change: 0.0018
News headlines:
Square’s Loss Widens as Spending Picks Up
Australia Trade Surplus Widens in March
Oil Futures Pull Back Slightly Amid Dollar’s Gains
Fed Holds Rates Steady, but Indicates Increases Will Continue
Sprint CEO Claure to Step Aside; Finance Chief Tapped to Fill Role
Kraft Heinz’s Profit Rises Despite Sales Decline
Corrigan’s Take: New Contura Energy Will Be a Much Smaller Version of Its Former Self
IronNet, Founded by Ex-Pentagon Brass, Raises $78 Million Series B
Corrigan’s Take: New Contura Energy Will Be a Much Smaller Version of Its Former Self
U.S. Dollar Rises on Positive Outlook
Gun Distributor AcuSport Files for Bankruptcy
WeWork Bonds Fall as Debt Investors Question Startup Stories
The Dollar Rallies, and Emerging Markets Shudder
Remington Set to Exit Bankruptcy Under New Ownership
Facebook Fires Employee Who Bragged on Tinder About His Access to User Data
AIG Misses Wall Street Targets in Latest Quarter
Zynga Moves To Single-Class Share Structure
Firm Retention Summary: Orexigen Therapeutics Inc.
Firm Retention Summary: Remington Outdoor Co.
Firm Retention Summary: The Walking Company Holdings Inc.
U.S. Stocks Ended Slightly Lower After Fed Meeting
Consumer Complaint Database Is Good for Customers and Businesses
Financial Risk Builds as Dodd-Frank Is Chipped Away
Gold Prices Edge Up After Fed Meeting
Deutsche Bank, Former Executive Settle Dispute Over Bonuses
Big Data Lowers Cost of Capital
Oil Prices Higher on Fed’s Economic Outlook
VoxEU Post Studies Market and Household Production in OECD Countries
Banks Expect Oil Prices to Remain High
Why Central Banks’ Power Over Markets Is Here to Stay
New York Bans NRA Insurance Program and Fines Broker
Grain Giants Expect Higher Profits From Bad Weather
Telegram Messaging App Scraps Plans for Public Coin Offering
Mastercard’s Revenue Boosted by Increased Consumer Spending
A Megadeal Joined Sharpie Markers and Crock-Pots. What Could Go Wrong? A Lot
Quick Hits: Bank of Korea Officials Call For Future Rate Increase
New Front on Opioid Litigation: Suits Over Rising Premiums
Blackstone Unit Acknowledges Hovnanian Swaps Backlash
ECB’s Weidmann Says Rate Rises Could Begin Middle of Next Year
An Art-Centered Hamptons Home
How the AT&T-Time Warner Trial Might End
Slurpees vs. Kale: 7-Eleven Struggles to Catch Fresh-Food Wave
Banks Forced Into Qatar-Saudi Feud
ISM-New York Index Rose in April
Fujifilm Shouldn’t Replicate Xerox Deal, Investors Say
Now Available in the Oil Patch: Wind and Solar College Degrees
U.S. Private Sector Posts Another Month of Employment Growth
Spirit AeroSystems to Buy Asco Industries Parent for $650 Million
Dollar Stalls Against All Major Rivals ahead of Fed Meeting Conclusion
CVS Gets a Lift From Prescriptions
Signs of Life in Book Publishing Draw  Big Investors to Startup
Zinsli’s Take: Podcast Makers Wade Into Venture’s Waters
Passage AI Chats Up $7.3 Million Series A
Soothe Backers Roll Out Capital for Massage Startup
Michaels’s Take: SEC Cracks Door to Lighter Regulation of Tokens
Ride-Hailing Firm Grab in Talks to Raise $1 Billion
Eurozone Economy Wobbles in First Quarter
Peter Thiel Aims to Connect Big Investors, Bitcoin | Goldman to Pay $110 Million to Settle Forex Case | Michaels’s Take: SEC Cracks Door to Lighter Regulation of Tokens
Torry’s Take: Inflation is Back! Now What?
PBOC Injected $58 Billion via Medium-Term Lending Facility in April
Fed Likely on Hold, but Rising Inflation to Be in Focus
PBOC Tweaks Cross-Border Yuan Payment System
Swiss Sovereign Money Reform Would Be a Mistake
Xerox CEO Steps Down in Settlement With Activists
Market direction: Neutral