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Morning Bid: Retail, housing and banks test jaunty July

A look at the day ahead in markets from Mike Dolan ....

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Progressive US Democrat Jayapal apologizes for calling Israel 'racist'

Representative Pramila Jayapal, who heads a large group of progressive Democrats in the U.S. Congress, on Sunday apologized for calling Israel a racist state as Democratic leaders in the House of Representatives pushed back against her initial declaration. ....

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Biden invites Israel's Netanyahu to US

U.S. President Joe Biden, after a lengthy delay, on Monday invited Israeli Prime Minister Benjamin Netanyahu to the United States for an official visit later this year, the White House and prime minister's office said. ....

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Small U.S. refiners plan to challenge biofuel blending waiver denials

A group of refiners plan to file a lawsuit challenging the Biden administration's rejection of waivers to exempt oil refiners from biofuel blending mandates which has left some on the hook for hundreds of millions of dollars, Par Pacific told Reuters on Monday. ....

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Ukraine receives cluster munitions, pledges limited use

Ukraine has received cluster bombs from the United States, munitions banned in more than 100 countries, but has pledged to only use them to dislodge concentrations of enemy soldiers. ....

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