The Market In 5 Minutes

IN THE NEWS

BENZINGA

The summer days are heating up, but oil and natural gas investors have been left out in the cold so far in 2017: Link

The Hasbro, Inc. HAS Gaming Crate, a gaming subscription service, was unveiled Monday morning. The move puts Hasbro front and center in a very attractive, yet competitive industry: Link

Five companies intend to stage initial public offerings this week to join a 2017 class rife with biotechs, retailers and natural resource firms, as well as formidable tech names such as Snap Inc SNAP: Link

THE WALL STREET JOURNAL

Senate GOP leaders have set a timeline to vote next week on legislation to repeal large chunks of the Affordable Care Act, even though they don’t yet appear to have secured enough support to pass it: Link

Since Apple Inc. AAPL launched the iPhone in June 2007, the smartphone revolution it unleashed has changed the way people work and socialize and reshaped industries from music to hotels: Link

REUTERS

Boeing BA revised up its rolling 20-year industry forecast for passenger and freight planes by 4 percent on Tuesday, though signs at the world's biggest air show suggest a cooling of demand at the moment after years of red-hot growth: Link

After Amazon.com Inc AMZN completes its takeover of high-end grocer Whole Foods Market Inc WFM, it might launch another brand with different standards, the grocery chain's chief executive said in remarks reported in a securities filing on Monday: Link

BLOOMBERG

The landslide victory of President Emmanuel Macron’s party in the second round of the French parliamentary elections on June 18 -- and the defeat in several Italian local elections of the anti-Europe Five Star Movement party a few days earlier -- raises an intriguing question for global investors: Link

Tesla Inc. TSLA might be able to drive into China, but it won't be able to ride solo: Link

NY POST

Hedgie Glenn Welling of Engaged Capital was eager to get to work at Rent-A-Center RCII — unfortunately, he learned that the company’s board is on vacation: Link

ECONOMIC DATA

• Federal Reserve Vice Chairman Stanley Fischer is set to speak in Amsterdam.
• USA Current Account for Q1 -$116.80B vs -$124.0B consensus estimate. The prior reading was revised from an initial -$112.40B to -114.0B.
• The Johnson Redbook Retail Sales Index for the latest week will be released at 8:55 a.m. ET.
• The Treasury is set to auction 4-and 52-week bills at 11:30 a.m. ET.
• Dallas Federal Reserve Bank President Robert Kaplan is set to speak in San Francisco at 3:00 p.m. ET.

ANALYST RATINGS

• Goldman Sachs upgraded Vivint Solar VSLR from Neutral to Buy
• Pacific Crest upgraded NVIDIA NVDA from Underweight to Sector-Weight
• Jefferies upgraded Goodyear Tire & Rubber GT from Hold to Buy
• Barclays downgraded Cornerstone OnDemand CSOD from Equal-Weight to Underweight
• William Blair downgraded INC Research Holdings INCR from Outperform to Market Perform
• RBC Capital downgraded Rice Energy RICE from Outperform to Sector Perform

This is a tool used by the Benzinga News Desk each trading day — it's a look at everything happening in the market, in five minutes. To get the full version of this note every morning, click here or email minutes@benzinga.com.