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Trump blocks major Chinese telecom company from the US

Yahoo Finance

Yahoo Finance’s Dan Roberts, Dion Rabouin, Jared Blikre, Melody Hahm and Julia La Roche discuss today’s big stories.

Some of today’s topics include:

  • Futures point higher before the open

  • Trump blocks China Mobile from the US

  • Trump tells NATO allies to spend more on defense: NYT

  • Morgan Stanley & Goldman Sachs given help to pass stress tests: WSJ

  • Trump meets candidates for Supreme Court seat

  • Roku upgraded to ‘outperform’ at Oppenheimer

  • Pfizer raises prices on dozens of drugs

  • Alibaba, Tencent help raise nearly $1.5B for CMC

  • Tesla engineering chief Doug Field leaving company

  • Feds widening investigation of Facebook data sharing: Wash Post

  • Amazon Prime Day to run for 36 hours this year