When it comes to the big (tech) 5, investors are cheering on their massive gains even as they nervously look around the corner for the dreaded market correction – NYTimes
A “correction” that has BBG calling this the riskiest market since pre-2008 crisis – Bloomberg
The latest on the much-anticipated (and maligned) DOL fiduciary rule, which is set to at least partially take effect tomorrow – WSJ and Law360
Including a late appearance by the SEC which called for public comment on a fiduciary standard of its own, potentially setting in motion a process for additional delay – Law360
Yet more trouble for Uber—this time resulting in the termination of the president of its Asia operations – NYTimes
Don’t look now, but the good ol’ USA is making a splash in the global oil export market – WSJ
Digital scrapbook company Pinterest is upping its valuation to $12.3 billion thanks to nearly $150 million in a recent new round of funding – NYTimes
Barclays, UBS, and HSBC have resolved a putative Libor class action by agreeing to pay $36.1 million to bondholders alleging rate manipulation among the banks – Law360
A rare midweek effort sees Gretchen Morgenson exploring the DOJ’s amicus brief in the appeal by two former Wells Fargo employees who were fired after attempting to blow the whistle on the sham-account scandal that’s rocked Wells – NYTimes
Humanity as we know it (homo sapiens, that is) just got about 100,000 years older – WSJ