A daily morning look at the financial stories you need to know to start the day
-Stock futures are basically flat after yesterday's mild rally. This morning we get the ADP private sector jobs report for June and the weekly jobless claims.
-Gold and Treasurys are flat.
-Orders for new heavy-duty trucks hit a nearly six-year low in June, indicating sluggish economic growth.
-Crude prices are up about 1% and close to the $48/barrel level. It looks like the oil and stock trade will be in tandem today.
-Gasoline prices fell overnight to $2.25/gallon, national average.
-Bernie Sanders is in talks to endorse Hillary Clinton.
-As expected, Attorney General Lynch announced yesterday that the Department of Justice will not charge Hillary Clinton on the email scandal.
-FBI Director James Comey will testify before Congress today about his decision not to recommend charging Hillary Clinton with a crime.
-JPMorgan could move thousands of jobs out of the UK in reaction to the Brexit vote.
-The second round of voting for the Conservative Party leader to replace PM David Cameron is today.
-Verizon is going to hike the cost of its wireless plans by about $10 a month. This comes after years of the industry having little-to-no pricing power.
-France's Danone is buying WhiteWave Foods for $12.5 billion.
-Roche is reportedly bidding $130-$150/share to buy Biomarin.
CRIME AND PUNISHMENT
-The EEOC is investigating Google for ageism.
-Former Wall Street executive Andrew Caspersen has pleaded guilty to defrauding clients to the tune of $38.5 million. He blames a gambling addiction.
-Russia says its new Sunflower radar system can detect the stealth F-35 fighter.
-Israel and the US have successfully carried out a joint missile test using Israeli systems like "David's Sling," and "Arrow 3," and US systems like the Patriot and the THAAD.
-CBS plans to spin off its radio business.