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The Dow Jones Industrial Average, bolstered by the Fed’s return to its easy-money mind-set, is on pace for its best June since 1938. And, the S&P 500, as of Friday’s intraday high, was up 7.7%, putting the broad-market gauge on track to be the sixth best June ever. What could possibly go wrong? See full story.
Facebook will soon have millions of customers at the Bank of Zuck
The new Libra digital currency will help the social-media company offer financial services. See full story.
U.S. plans new Iran sanctions as Europe tries to defuse tensions
The U.S. plans to impose major new sanctions on Iran, signaling it won’t ease pressure despite a diplomatic push by European leaders to persuade Washington and Tehran to show restraint. See full story.
A crackdown on Juul made vaping more expensive for some teens
Some teens say they spend upwards of $1,000 a year on the habit. See full story.
Trump administration considers requiring 5G equipment for U.S. use be made outside China
The Trump administration is considering requiring that next-generation 5G cellular equipment used in the U.S. be designed and manufactured outside China, according to people familiar with the matter, a move that could reshape global manufacturing and further fan tensions between the countries. See full story.
MARKETWATCH PERSONAL FINANCE
The more you look at you phone in a bricks-and-mortar store, the more you spend. See full story.
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