Power Lunch

Monday - Friday, 2:00 - 3:00 PM ET

Power Lunch

The Power Brief

A job seeker holds a 'Now Hiring' flier
Patrick T. Fallon | Bloomberg | Getty Images

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

DALLAS ATTACK

-Five police officers are dead and 6 others wounded after snipers opened fire on cops at an anti-police shooting protest last night in Dallas. Three people are in custody and a fourth died of a self-inflicted gunshot wound.

STOCKS/ECONOMY

-Futures are up ahead of the monthly jobs report at 830am. The market is expecting 175K net new jobs created after May's stunningly low 38K jobs number.

-Gold and Treasurys are holding flat ahead of the jobs report with gold at the $1,357/ounce level and the 10-year yield holding at 1.38%.

OIL/ENERGY

-Crude prices are up a bit this morning, but still down at the $45/barrel level after yesterday's big drop.

-Gasoline prices held overnight at $2.25/gallon, national average.

ELECTION

-A new Pew poll shows the highest rate of interest ever in a presidential election.

-Now the State Department is reopening its investigation into how Hillary Clinton and her staff handled classified emails.

-Bernie Sanders will reportedly endorse Hillary Clinton on Tuesday.

-Donald Trump's visit to Capitol Hill yesterday to win over Congressional Republicans had mixed results.

OBAMACARE

-The Obama administration has been illegally propping up the ACA with back door funding over the objections of the IRS.

THERANOS SCANDAL

-US regulators are barring Theranos founder and CEO Elizabeth Holmes from running the company for at least two years.

NEWS SOURCES

-New research shows 72% of Americans get at least some of their news on mobile devices. Only 20% get at least some of their news from print newspapers.

DEFENSE

-Lockheed Martin is in final stage talks with the Pentagon for the next batch of the F-35 fighter.

-Israel has developed a new money-saving reusable mortar shell.