So starts the U.S. trade war with China. 

Street Rumors

Coca-Cola (KO - Get Report) could make a play for BodyArmor once Dr. Pepper Snapple Group (DPS) completes its merger with Keurig on July 9. Dr. Pepper Snapple owns 15.5% of the upstart sports drink brand. A purchase would post a clear threat to PepsiCo's (PEP - Get Report) dominance with Gatorade. Meanwhile, Nvidia (NVDA - Get Report) is reportedly about to release a key new graphic chip.

Nvidia and PepsiCo are holdings in Jim Cramer's Action Alerts PLUS

Call of the Day

Bernstein analysts are out with a note projecting a "Super Spike" in oil prices to $150 a barrel. The reason: years of under-investment by oil majors such as ExxonMobil (XOM - Get Report) .

The Big Story

The U.S. trade war has kicked off. Watch the trading action in "China Stocks" such as Apple (AAPL - Get Report) and Walmart (WMT - Get Report) . 

Apple is a holding in Jim Cramer's Action Alerts PLUS.

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