STOCKS/ECONOMY
-Stock futures are modestly lower after Monday's 276-point gain for the Dow, smaller 0.5 percent advance for the S&P 500, and a 0.5 percent rise for the Nasdaq. Investors are eyeing some economic data this morning and the progress of the budget bill votes in the U.S. Senate.
-The yield on the 10-year Treasury bill is down 4.20 percent.
-Gold is up to the $3,361 per ounce level. Bitcoin is at the $106,700 level.
-Asian markets closed mostly lower today. The Nikkei sold off by 1.2 percent and the Shenzhen rose 0.1 percent. The Hong Kong markets were closed for a holiday.
OIL/ENERGY
-U.S. crude prices are up and at the $65 a barrel level.
-Gasoline prices are down to $3.17 a gallon, national average.
MUSK MAYHEM
-Elon Musk is resuming his harsh criticism of the budget bill being pushed by President Trump. The president has responded with comments accusing Musk of only opposing the bill because it ends tax breaks for EV buyers. Tesla (TSLA) shares are down 6 percent in the premarket.
BBB FIGHT
-The American Bankers Association is strongly endorsing the budget bill still being debated in Congress.
TRUMP PHONE WARS
-President Trump publicly bashed AT&T (T) Monday as there were technical issues with a major conference call he was conducting with U.S. faith leaders. AT&T shares actually rose 3 percent Monday, but are flat in the premarket this morning.
AMAZON'S AMERICA
-Amazon (AMZN) is reportedly close to using more robots than humans at its warehouses. Amazon shares are flat in the premarket.
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