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The Power Brief

People hold signs in Trafalgar Square during a 'Yes to Europe' rally for young people, ahead of Thursday's EU referendum, in London, June 21, 2016.
Dylan Martinez | Reuters

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


-Stock futures are flat as we're seeing investors stay on the sidelines ahead of the too-close-to-call Brexit vote. Fed chair Janet Yellen has her second day of Congressional testimony today.

-Gold prices have hit a 2-week low at $1,267/ounce.


-Crude prices are back up to the $50/barrel level on lower supplies in the US.

-Gasoline prices held at $2.32/gallon, national average.


-Donald Trump will deliver a speech in New York this morning about Hillary Clinton's financial dealings. Last night, he said the money she has raised is "blood money."

-A new poll says voters trust Trump over Mrs. Clinton on the economy by a 51% to 43% margin.

-Trump also says Hillary Clinton funneled State Dept. money to a controversial for-profit college that was employing Bill Clinton at the time.


-Elon Musk is looking to combine his two main companies, Tesla and SolarCity.

-McDonalds is considering selling its locations in China and Hong Kong for $3 billion.


-North Korea conducted two missile tests today, with the second launch more successful than the first.

-Defense contractors worry that if the UK leaves the EU, defense spending will be cut across the entire continent.

-The Air Force's B-21 Bomber program is mostly classified, but bomber-maker Northrop Grumman did announce yesterday that it's hiring at its bomber plant in Melbourne, FL.