China's huge trade surplus and a mega-merger in the aerospace

US futures were signaling greater openness on Wall Street, following the deal announced by President Donald Trump on Friday night to avoid tariffs on Mexico. The market has achieved its best weekly earnings in 2019, with the Dow climbing 4.7% last week to reach its highest level in a month. The Dow also broke its six-game losing streak, the longest in eight years. (NBCC)

The terms of the Trump-Mexico agreement consist mainly of immigration actions that the United States and its southern neighbor actually agreed to several months ago, apparently at a secret meeting, long before the president's original decision to threaten tariffs. (NY Times)

* Mnuchin: Trump could renew the tariff threat if Mexico did not respect immigration (CNBC)
* Mnuchin defends the use of rigorous tariffs to resolve security issues (CNBC)
* Mnuchin: Trump is "perfectly happy" to hit China with new fees if Xi's meeting does not go well (CNBC)

China remains silent on a possible meeting between Trump and Chinese President Xi Jinping at the G-20 meeting scheduled later this month, as US officials have repeatedly said that they're "deadly". They were waiting for the two leaders to talk to each other. Both countries remain stuck in their trade and economic disputes. (Reuters)

* China's trade surplus in May increases much more than expected overall and with the United States (CNBC)
* "We are in stalemate" with China, said Canadian Finance Minister Morneau (CNBC)

According to the current economic calendar, the Ministry of Labor publishes its monthly JOLTS report, which measures employment opportunities and the rate of labor turnover, at 10 am ET. There are no major results reports published today. (NBCC)

Raytheon (RTN) and United Technologies (UTX) have announced plans to merge a 100% equity transaction, creating a partnership that would create a monster in the defense and aerospace sectors. The shares of the two companies were higher in the pre-commercial. Calling it a "merger of equals", UTX would own 57% of the new company, while Raytheon would own 43% after dilution. (NBCC)

* How the merger between United Technologies and Raytheon could reshape the sector (CNBC)

Shares of Tableau Software skyrocketed by more than 30% in the pre-market phase, after Salesforce (CRM) announced Monday that it would buy the data analytics platform as part of of a transaction entirely in shares worth $ 15.7 billion. Salesforce actions were under pressure. (Reuters)

Tilray (TLRY) has reached an agreement with its majority shareholder, a Peter Thiel Guaranteed Fund, to divest the Fund's interest gradually over the next two years. Privateer Holdings, a private equity fund focused on cannabis, founded Tilray in Canada in 2013. (CNBC)

John Stankey, veteran of AT & T (T), who took the helm of WarnerMedia a year ago, is responsible for making the $ 100 billion bet signed by Time Warner grow by raising $ 70 million. Subscribers for the next WarnerMedia streaming service. (NBCC)

More than 180 CEOs have signed a letter against laws and regulations limiting women's reproductive health care, including abortion. The letter appears today as a full-page ad in the New York Times under the title "Do not ban equality." (NBCC)

American Airlines (AAL) extends cancellations of flights involving Boeing (BA) 737 Max jets until September 3rd, which have been blocked worldwide since mid-March after two fatalities. Boeing said the software changes to the aircraft were complete, but the FAA and its international counterparts had not signed it yet. (NBCC)

The House is expected to rule tomorrow on a civil contempt resolution against Attorney General William Barr and former White House lawyer Don McGahn for the purpose of receiving an unwritten copy of the bill. Robert Mueller's investigation of Russia. MCGahn has also received the privilege of the executive protecting him from conversations with Congress or handing over documents. (NPR)

* Democrats continue hearings on the Russian probe (AP)

The Hong Kong leader announced today that her government will adopt amendments to extradition laws despite massive protests against extradition laws, which highlighted fears over the expansion of the law. China's footprint in this semi-autonomous territory. (Associated Press)

The former Red Sox hitter, David Ortiz, is in a stable state and is recovering from a gunshot wound that he suffered Sunday in the Dominican Republic. Ortiz has been ten times the star player and three-time world series champion with Boston. (United States today)

A single ticket sold for $ 2 in San Diego hit the $ 530 million Mega Millions jackpot. While California is not a bad place to win, the state does not impose lottery winnings, the lucky person (or group of people) will not be able to remain anonymous. (NBCC)

Spark Therapeutics (ONCE) and the Swiss drug manufacturer Roche have fallen further behind in the planned combination. Roche said the two companies had asked the FTC for more information and that the UK regulators had also opened an investigation. Roche plans to buy Spark for $ 4.3 billion.

Kraft Heinz (KHC) conducted an internal survey of its accounting prices and modified its financial practices accordingly. Kraft Heinz saw the course of his action take a shock when he revealed earlier this year that federal regulators were reviewing his finances.

Microsoft (MSFT) unveiled its next generation Xbox, claiming that the video game console would be four times more powerful than the current version. It will reach store shelves during the holiday season of 2020.

Fiat Chrysler (FCAU) and French automaker Renault are looking for ways to revive their abandoned merger plan, according to Reuters. Alliance partner Renault, Nissan, would like Renault to significantly reduce its 43.4% stake in the Japanese automaker in exchange for its support for the deal.

Uber's chief operating officer (UBER), Barney Harford, has resigned, according to a report from Reuters. CEO Dara Khosrowshahi has eliminated the possibility of taking more control of operations.

According to a Bloomberg report, Dish Network (DISH) is open to merging its satellite television business with AT & T's DirecTV unit (T), according to a Bloomberg report. However, there is currently no active discussion on such an agreement.

"Secret Life of Pets 2" and "Dark Phoenix" of Universal, a sequel to "X-Men" of Fox, led the ticket sales at the box office this weekend. But both did not meet expectations. (NY Times)

"Hadestown," based on a mythological journey to hell, won the Best Musical Award at the Tony Awards in New York last night. The musical won the most awards of the evening, at eight o'clock. (WSJ)