Today's Headlines

Bloomberg:

• London Bridge Closed, Ambulances on Scene After 'Incident'. Armed police rushed to London Bridge, in the heart of the U.K. capital, following an incident in which an eyewitness said a van swerved off the road into a crowd of pedestrians, injuring several people. “We are dealing with an incident on #LondonBridge,” the city’s Metropolitan Police said in a post on Twitter. The London Ambulance Service said “multiple resources” were in the area. Transport for London said the bridge was closed in both directions. Prime Minister Teresa May was being briefed, ITV reported.
• Skepticism Mounts for Fed Rate Hikes Post-June as Data Soften. While Janet Yellen and her Federal Reserve colleagues are poised to raise interest rates at their meeting this month, investors increasingly doubt the central bank’s projection for additional hikes following soft reports on U.S. employment and inflation. Goldman Sachs Group Inc. on Friday pushed back its forecast for a third rate increase this year to December from September. Trading in futures contracts shows odds of a September increase have dropped to just one in four, and investors are now pricing in less than one rate hike in 2018 for the first time since the eve of the U.S. elections in November.

Wall Street Journal:

• Deadly Blasts Hit Funeral of Kabul Protest Victim. Escalation of violence following massive truck bombing in the Afghan capital.
• Trump Believes Climate Change Is Real, U.N. Ambassador Nikki Haley Says. ‘He knows that it’s changing,’ Nikki Haley, U.S. ambassador to the U.N., said. ‘He knows that the U.S. has to be responsible with it, and that’s what we’re going to do.’

Barron's:

• Had bullish commentary on (BAC), (CME), (JNJ), (TWX) and (BDX).

Fox News:

• Spending bills, debt ceiling complicate Hill Republicans' efforts on taxes, ObamaCare. (video)
• Mattis calls North Korea's threats 'clear and present danger,' criticizes ally China. (video)

CNBC:

• Weak May jobs growth raises doubts about how much Fed can raise interest rates this year. (video)
• Housing and manufacturing data: Here’s what could drive the markets next week. (video)
• Paris Agreement is European ploy to put the US economy in shackles, says EPA chief Scott Pruitt. (video)
• GOP is running out of time, and options, to repeal and replace Obamacare.

Zero Hedge: 

• Multiple Casualties After Van Rams Pedestrians On London Bridge, Followed By Knife Attack, Gunfire: Live Feed. (video)
• Trump Didn't Kill The Paris Agreement - It Was Already Dead.
• Reuters Goes To China, Discovers "Ghost Collateral".
• Bill Maher Apologizes To Outraged Liberals For Saying "I'm A House Ni**er".
• Which States Have Suffered The Biggest Retail Losses. (graph)
• The US Unemployment Rate Is Now Below The Average Recession "Entry Point". (graph)
• Macron Invites All Americans Disappointed With Trump To Flee To France.
• Less Than Zero: How The Fed Killed Saving.
• "We're Taking Matters Into Our Own Hands": de Blasio Signs Executive Order Committing NYC To Paris Agreement.
• Kathy Griffin Abandons Accountability, Slams Trump & Family For "Personally Ruining [Her] Life".
• Five Reasons Why America Is About To Become A Very Conservative Country.
• Stocks Hit Record Highs; Shrug Off "Transitory" Covfefe In US Macro Data. (graph)

Business Insider: 

• What to expect from Apple's big annual event next week.

Mirror:

• London Bridge car 'attack': Live updates.