Today's Headlines

Bloomberg:        

• India Plans $7 Billion of Export Stimulus to Revive Economy.

• Crude Oil Bulls Plunge Back In as Trade-War Pendulum Swings. 

• Yemen’s Civil War Is Spilling Deeper Into the Gulf Region.

• Tropical Storm Humberto Expected to Turn Away From U.S. After Strike in Bahamas.  

• JPMorgan Says the Momentum Rotation Isn’t a ‘Quant Quake’ Yet.

Wall Street Journal:

• Saudi Arabia Shuts Down About Half Its Oil Output After Drone Strikes.

• U.S. Blames Iran for Drone Strikes on Saudi Oil Facilities.

• U.S. Insulated From Possible Supply Shock After Saudi Attack.

• Obama’s Incredible Movie Makeover.

• The Startup That Manipulated Data to Get a Miracle Drug to Market.

• Congress Demands Tech CEOs’ Emails in Antitrust Probe.

• Peanut Allergy Drug Backed by FDA Advisory Panel.

Barron's:

• Had bullish commentary on  (UHAL), (CP), (CSX), (TPR), (ADBE), (NFLX), (DIS), (LUV), (S), (UAL), (ALGT) and (DAL).

MarketWatch.com:

• Some older Americans say millennials’ student-debt crisis is their own fault.

Fox News:

• Huffman’s 14-day prison term sparks social media outrage.

• Scion of 9/11 mastermind taken out in counterterrorism op, Trump confirms.

• Ex-NFL player accused of trashing his 2 businesses to resemble hate crime.

• GM autoworkers could walk off job for first time since ’07 without contract.

CNBC:

• Dow notches 8-day winning streak, nears record on growing optimism around US-China trade

• Disney CEO Bob Iger resigns from Apple board.

• Bottles of Cristal and steak dinners mark UAW corruption probe as prosecutors detail lavish use of union funds.

• 10-year yield surges the most in a week since 2016 as investors reassess recession concerns.

• New York City health chief sounds alarm on vaping rates among middle-school children.

• The US-China trade war has set in motion an unstoppable global economic transformation.

• The top tech IPOs this year have outperformed the S&P 500, despite Uber and Lyft.

• Wall Street analysts say these stocks have upside potential.

• Saudi Arabia reportedly shuts down half its oil production after drone attack.

Zero Hedge:

• Massive Fires Erupt After Drone Strike Hits World's Largest Oil Processing Facility In Saudi Arabia.

• Retail Carnage Continues: Forever 21 Bankruptcy Expected By Sunday.

• 83% Say Mental Health To Blame For Mass Shootings, Gallup Poll Finds.

• "You're Being Tracked" - Massive 30 State, Real-Time License Plate Database Revealed.

• Over A Million Households Climbed To Middle Class Under Trump, Census Data Shows.

• Osama Bin Laden's Son Killed In US Operation: White House.

• European Carmakers Face Perfect Storm.

• Poll: Majority Of Brits (Including A Third Of Remainers) Want Brexit Vote Respected.

• Why Gen-Z'ers And Millennials Support Socialism.

• Stunned Silence Followed Trump's G-7 Outburst: "Where's My Favorite Dictator".

• Get Ready For Weed Checkpoints: The Marijuana Breathalyzer Is Now A Reality.

• California Bans Private Prisons - Including ICE Detention Centers.

• Eating Human Flesh Is The Latest Idea To Stop Climate Change.

• Actress Felicity Huffman, First Parent Sentenced In College Admissions Scandal, Gets 14 Days In Prison.

• Soft Bank Reportedly Planning To Buy $750 Million WeWork Shares In Floundering IPO.

• Stocks Soar Near Record Highs Despite Bond Bloodbath, Momo Meltdown.

Business Insider:

• An analyst that loves Beyond Meat's business still thinks the stock is wildly overpriced — and he's urging traders to sell.

• Another storm is threatening to hit the Bahamas and Florida with tropical storm-force winds and heavy rain.

• J.Crew's 'crown jewel' Madewell files for an IPO.

• MOVIEPASS SHUTTING DOWN. 

• Elizabeth Warren endorsed two left-wing primary challengers to House Democrats. It could be a risky play to win Alexandria Ocasio-Cortez's endorsement.

• If everyone except for Biden, Bernie, and Warren dropped out of the 2020 race right now, Biden would be the clear loser.

The Telegraph:  

• The trade war between Japan and South Korea will be harder to resolve than the US-China spat.