June 01 (Saturday)

Markets
Dow drops more than 350 points after Trump threatens new tariffs on Mexico, posts 6-week slide (C)
Investors who were hoping Trump would rescue the stock market are now counting on the Fed (C)
U.S. stock market forgoes $5 trillion in returns thanks to trade war, estimate shows (MW)
European Markets Feel the World’s Pain (W)
Global Yield Curves Blare Louder Alarms About Economic Prospects (B)

Central banks
Opinion: Fed’s reliance on expectations is a risky business (MW)

US
Inflation Showed Signs of Life in April (W)
April Consumer Spending Remains Solid (W)
U.S. Consumer Sentiment Dropped in May (W)

Geopolitics & trade I
Tariffs Would Hit Many Goods That Previously Avoided Penalties (W)
Mnuchin and Lighthizer opposed Trump tariffs on Mexico, source says (C)
Business groups are considering legal action against the White House over Mexico tariffs (C)
Here are the states where Trump’s Mexico tariffs would hit the hardest (C)

Geopolitics & trade II
China Tariff Retaliation Kicks In as Trade War Ratchets Up (B)
China Plans ‘Unreliable’ Foreigners List After U.S. Blacklisting of Huawei (W)

Industries & companies
Autos: Tesla Begins Taking Orders on Its Cheaper China-Built Model 3s (W)
FAANGs: iPhone Privacy Is Broken…and Apps Are to Blame (W)
Media: At Disneyland’s new ‘Star Wars’ attraction, brace yourself for $200 lightsabers, $42 cocktails and 4 a.m. lines (MW)
Retail: Apparel retail earnings haven’t been this bad since the Great Recession (C)
Tech: Dell Revenue Growth Slows (W)