The Power Brief

David Paul Morris | Bloomberg | Getty Images

A daily morning look at the financial stories you need to know to start the day


-Stock futures are understandably flat as investors await the big May jobs report at 830am Eastern.

-The consensus estimate is for 164K net new jobs created in May. Retail is expected to be a drag on the numbers.


-Crude oil is flat at the $49/barrel level.

-Gasoline prices rose to $2.34/gallon, national average.


-The new USC/LA Times poll shows Bernie Sanders now leads Hillary Clinton in California. The primary is this Tuesday.

-Donald Trump counterpunched Hillary Clinton's speech bashing him yesterday. Trump now says Mrs. Clinton "needs to go to jail."

-Protesters pelted Trump supporters with punches and eggs last night as they left the Trump rally in San Jose.


-Walmart is partnering with Uber and Lyft for a grocery delivery program

-And Walmart is also going to use drones to help maintain inventory and provide other warehouse help.


-It's not clear how much of a financial penalty, if any, Boeing will have to pay for being late delivering the KC-46 air tanker.

-Israel and Lockheed Martin just successfully carried out a drone-fired air to ground missile test on a moving target. This is a first in defense tech.

-The US government is subpoenaing China's Huawei Technologies over its dealings in Iran and North Korea.


-The vote on the UK staying in the EU is 20 days away, and the pro-"leave" forces are stepping up their pressure on "stay" advocate PM David Cameron.