June 04 (Tuesday)

Markets
Nasdaq confirms correction as Facebook, Alphabet, Amazon drag (R)
The government is threatening big tech — and the market just took notice (C)
Feds target 4 of the biggest U.S. tech companies and their stocks are getting slammed (MW)
Here’s why bond yields are falling and why the rout won’t end anytime soon (C)

Central banks
Fed’s Bullard: Rate Cut ‘May Be Warranted Soon’ (W)
Low-Inflation Trap That Ensnared Japan and Europe Worries Fed (W)

US
After Record-Long Expansion, Here’s What Could Knock the Economy Off Course (W)
U.S. Factory Activity Cooled in May (W)

Geopolitics & trade
USTR, Treasury say China pursuing ‘blame game’ on trade talks breakdown (R)
FedEx Misrouted Huawei Packages After Changes to Internal Protocols (W)
Trump’s Next Trade War Target: Chinese Students at Elite Schools (B)
Mexico draws red line on asylum before talks on Trump’s tariff threat (R)
Mexico Weighs Reprisal to Tariffs (W)

Industries & companies
Autos: Tesla Faces Skepticism About Depth of Demand for Its Vehicles (W)
FAANGs: Here’s everything Apple just announced: iOS 13, Mac Pro and more (C)
FAANGs: Apple took several swipes at Google and Facebook at its biggest software event of the year (C)
FAANGs: Apple Touts New Privacy Features Amid Scrutiny of Tech (W)
FAANGs: Amazon is selling entire houses for less than $20,000 — with free shipping (MW)
Financials: Plunging Yields Expose Sorry State of European Banks (W)
Retail: Costco is selling $400,000 Tiffany-style diamond rings (MW)

Corporate finance
German Chip Maker Infineon Buys U.S. Rival in $9.4 Billion Deal (W)
Renault Deal Would Pull Fiat Chrysler’s Center of Gravity From U.S. (W)