US Appeals Court Upholds Government’s ‘Net Neutrality’ Rules @FoxBusiness
http://www.foxbusiness.com/markets/2016/06/14/us-appeals-court-upholds-governments-net-neutrality-rules.html
May Retail Sales Beat Expectations; Point to Strong Demand @FoxBusiness
http://www.foxbusiness.com/markets/2016/06/14/may-retail-sales-beat-expectations-point-to-strong-demand.html
Import Prices Post Largest Gain in Four Years @FoxBusiness
http://www.foxbusiness.com/markets/2016/06/14/import-prices-post-largest-gain-in-four-years.html
Russian Spies Hack U.S. Democratic Party Computers @FoxBusiness
http://www.foxbusiness.com/politics/2016/06/14/russian-spies-hack-u-s-democratic-party-computers.html
U.K. Vote On Leaving the EU Not Just About Trade? @FoxBusiness
https://video.foxbusiness.com/v/4940903681001/brits-leaning-towards-leaving-eu/?#sp=show-clips
Atlanta Fed upgrades U.S. second quarter GDP view to 2.8%
http://www.reuters.com/article/us-usa-fed-atlantafed-idUSKCN0Z01YY?il=0
Required Reading
Italian former PM Berlusconi’s heart surgery went ‘very well,’ says surgeon Russian spies hack U.S. Democratic Party computers: Washington Post Neiman Marcus’ same-store sales fall amid apparel slowdown Wall Street scion Caspersen to appear in NY court in fraud case Polls show increasing support for Brexit; Murdoch’s Sun backs ‘Leave’
Chart Of The Day: Race To The Bottom On Rates
My goodness. How crazy are these people going to get? This is not a market. It is a rigged and manipulated party by a select few that believe they know what they are doing.
The Closing Look
Stocks fell on Monday, adding to Friday’s losses as the market continues pulling back after encountering (and failing) near stubborn resistance last week. The S&P 500 continues pulling back into its 50 day moving average. In tech news, Microsoft (MSFT) fell over 2% after the tech-giant said it would buy online networking giant LinkedIn (LNKD) for $26.2…
The Morning Look
Market Update: Futures are lower ahead of Tuesday’s open as investors digest the recent decline on Wall Street. Later this week the Bank of Japan and the US Fed will conclude their latest meetings. Gary’s Take: We continue to watch this race to the bottom on interest rates. Keep in mind, it is no longer…