Date: 2018-06-12 00:00:00
S&P 500 (SPY) — open: 278.44, high: 279.37, low: 278.31, close: 278.56, volume: 58892500, daily change: 0.0013
News headlines:
Wall Street Firms Face a New $15 Billion Hurdle in China
RBA Gov Lowe Says Australia’s Economy on Right Track
CK Infrastructure Bids More Than $9 Billion for Australian Pipeline Firm
Guess Co-Founder Paul Marciano to Leave Company
Reactions to AT&T’s Victory in Antitrust Case
No Phones, No Exits: The AT&T Judge Wanted Folks to Hear His Verdict
Oil Futures’ Post-API Drop Eases Some by Midday in Asia
AT&T Chief Gambled and Won Big
Power Regulators Say There Is No Emergency in U.S. Fuel Supply
Eli Lilly, AstraZeneca Drop Two Late-Stage Alzheimer’s Drug Trials
Quality Care Properties Says It Has Another Potential Purchase Offer
Ruling Narrows Use of Martin Act in Credit Suisse Case
Dual-Class Structures: Yahoo’s Former CFO Weighs In
U.S. Stocks Shrug Off Trump-Kim Talks
CFPB Acting Chief Asks Staff to Cut Budget by 20%
ADP CFO Jan Siegmund Plans to Leave Company
The Risky Calculus of the Trump-Kim Embrace
U.S. Dollar Rises Before Fed Rate Decision
Iqvia? Its CEO Was the Highest Paid Pharma Chief
Oil Rises on Steady Demand as Production Increases
Calm Markets After Trump-Kim Summit: What You Need to Know
Banks Could Make Small-Dollar Loans—but They Don’t
U.S. Credit-Card Debt Reaches Record Level
Stronger Dollar Weighs on Gold
Glencore Unveils $5.6 Billion Restructuring of Congo’s Katanga Mining
Penthouse to Be Sold to Porn Site Owner For $11.2 Million
Creditors of Brewery Supplier Move to Oust Founders
Markets Take It Easy as ECB Edges Toward Exit
Powell Looks at Following All Fed Meetings With a Press Conference
ZTE Shares Plunge About 40% as Trading Resumes
The Fed Can’t Save Jobs From AI and Robots
VoxEU Post Examines Demographics and Long-Run Growth
Consumer Prices Post Largest Annual Growth in More Than Six Years
Senate Panel Advances Fed Nominations, Including Clarida as Vice Chairman
Dollar Struggles for Direction Despite Inflation Pickup and North Korea Summit
ZTE Shares Set to Resume Trading Following Deal
Inside the Chaotic Launch of a $4 Billion Crypto Project
St. Paul Archdiocese Creates Plan for $40 Million Abuse Settlement
Vergent Bioscience Raises $8.7 Million Series A to Illuminate Tumors
Chernova’s Take: The FAANG Risk in Crypto
Saudi Arabia Drives Rise in OPEC Oil Output
Tracy’s Take: A Brewing Issue on the Volcker Battleground
France Tightens Bank Capital Rules | SEC Chairman: Most of Dodd-Frank Is Here to Stay | Tracy’s Take: A Brewing Issue on the Volcker Battleground
Fairless’s Take: ECB Says Inflation Is On Track. But Is It?
Strong Sales, Profits Keep Small-Business Confidence High
Central Banks and Digital Money
This Stock’s 500% Surge Is Almost Entirely Due to North Korea
Diverging Fortunes in U.S. and Europe Signal Widening Interest-Rate Gap
China’s Bond-Market Mystery: Why Aren’t There More Defaults?
New Accounting Rules Affect When Revenue Is Booked
Facebook Will Ban Sellers of Shoddy Products
Kospi Closes With Slight Drop
Buyers Cherry-Pick REITs in the Bargain Bin
Yerak’s Take: Restaurant, Movie Theater Chains Among Laggards for Triangle Capital
Market direction: Neutral