A daily morning look at the financial stories you need to know to start the day
STOCKS/ECONOMY
-Stock futures are a bit higher as the markets eye oil prices. The PMI and ISM non-manufacturing reports come out later this morning.
OIL/ENERGY
-Crude prices are starting to lose their momentum as enthusiasm over this weekend's Saudi-Russian deal wanes. Brent is already back in the red and WTI is giving back much of its gains at the$44/barrel level.
-Gasoline prices fell a penny overnight to $2.19/gallon, national average.
ELECTION
-Today's LA Times/USC poll has Donald Trump leading Hillary Clinton by about one point. The NBC News/Survey Monkey weekly poll has Clinton ahead by four points.
-With questions about her health already out there, Clinton had another prolonged coughing fit at the start of a rally in Cleveland yesterday and then had to cut short an informal talk with reporters on her campaign jet when the problem returned.
-Trump blasted what he called the "false economy" last night, saying that interest rates will have to go up.
-Thousands of pages of Clinton's official records will be released in the coming weeks.
-Less than two weeks after Trump was excoriated for suggested the election results could be rigged, Clinton is now suggesting the Russians could try to hack voting machines.
DEALS/NO DEALS
-Bayer is raising its offer to buy Monsanto to more than $65 billion.
-Danaher is buying the molecular diagnostic company Cepheid for $4 billion.
-Intel is buying computer chip maker Movidius, which specializes in the tech used to make driverless cars and Virtual Reality.
IPHONE COUNTDOWN
-Tomorrow is the big day for the unveiling of the new iPhone 7, but advance reports are already pouring cold water on the extent of new features it will have.
SPACEX FALLOUT
-Israel Space Communication is asking for either $50 million or a free satellite launch from SpaceX as compensation for the explosion that destroyed its satellite last week.
BLM PROTEST
-London's City airport was closed this morning as Black Lives Matter protesters occupied the runway.
MIGRANT CRISIS
-Thanks to a massive influx of refugees and migrants into Germany, welfare costs doubled in 2015.
TERROR/DEFENSE
-Boeing has reportedly received $2 billion in bonuses from the Pentagon for a ground based missile system that doesn't seem to work.
-The Pentagon has pulled a $5 billion contract from a former subsidiary of Lockheed Martin to maintain nuclear weapons based in Nevada. The reason is Lockheed sold the subsidiary to Leidos and the Defense Department was not alerted.
-The Air Force continues to suffer from a shortage of drone pilots. So, reconnaissance drone flights are often being piloted by outside contractors.
MIDDLE EAST PEACE
-Israeli PM Benjamin Netanyahu is considering holding peace talks with Palestinian President Mahmoud Abbas in Moscow, side-stepping the US and President Obama.