June 19 (Wednesday)

Markets
U.S. Stocks Surge, Bond Yields Slip (W)
The stock market is inches away from a new record and the Fed could push it over the top (C)
U.S. Stocks Flirting With Record Pose No Hurdle to Fed Rate Cuts (B)
Markets Bet on Fed Rate Cut—but Goldman, UBS Don’t Agree (W)
Strategists Say You’re Overthinking Threats to the Bull Market (B)
Government bonds are now the ‘most crowded’ market trade, more popular than technology stocks (C)

Central bankers
Fed Policy Makers Debate Rate Cut (W)
Draghi Blames Prolonged Uncertainty for ECB Risks Materializing (B)
White House Explored Legality of Demoting Fed Chairman Powell (B)
Kudlow says the White House is not considering demoting Fed Chair Powell right now (C)
All the Trump Quotes on Powell as Fed Remains in the Firing Line (B)
Fischer Says Trump Rate-Cut Push Could Destroy Fed Independence (B)

US
U.S. Housing Starts Fell in May (W)
Bonuses Drop, Signaling Tax-Cut Payouts Were a One-Time Windfall (W)

US politics
Warren and Sanders Jockey for Position With Liberal Voters (W)
Poll Shows Biden, Sanders Ahead of Trump in Florida (W)
Democrats Aim to Chip Away at Trump Tax Breaks to Make Room for Their Own (B)

Geopolitics & trade
Trump says he and China’s Xi spoke, will have ‘extended meeting next week’ at G-20 (C)
Iran Seeks to Rally International Support Against U.S. Pressure (W)

Industries & companies
Aerospace: Boeing Ends Order Drought Triggered by 737 MAX Crisis (W)
Consumer: Kellogg Plans Job Cuts Amid North America Reorganization (W)
FAANGs: Facebook Unveils Cryptocurrency in Bid to Reshape Finance (W)
FAANGs: Facebook created a ‘gateway drug’ to introduce billions to cryptocurrency, experts say (C)
Financials: Investors Bet That Visa, Mastercard Can Stand Up to Libra (W)
Logistics: Logistics Spending Jumped 11.4% on Strong Economic Growth (B)
Pharma: Fourth Carcinogen Discovered in Heart Pills Used by Millions (B)

Corporate finance
Dish Is Near a $6 Billion Deal for T-Mobile, Sprint Assets (B)