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The 10-Point: My Guide to the Day's Top News.

The Wall Street Journal
Good morning,
Nuclear Option
U.S. lawmakers are becoming increasingly skeptical about the nuclear agreement with Iran. An assessment provided to Congress has led some officials to conclude that they will never get to the bottom of whether Tehran tried to build an atomic weapon. However, details of the report indicate that the deal could go ahead even if U.N. inspectors never ascertain whether Iran pursued a nuclear weapons program. A U.N. watchdog is required to publish a report on the country’s military history, but many observers are skeptical that it will, in two months, be able to determine something that it has failed to resolve in more than a decade.
Chinese Selloff
China stocks today suffered their sharpest daily percentage decline since 2007, as worries mount that authorities are pulling back on measures to prop up the market. The swift fall came as a surprise to many analysts, prompting speculation that officials might step in with fresh rescue measures. Our Heard on the Street writer Alex Frangos notes that the hasty dam China built to hold back the selloff has sprung a major leak.
Total Recall
Car makers and safety regulators have faced persistent criticism over their handling of safety defects. Now Fiat Chrysler has been hit with a record $105 million penalty for recall lapses covering millions of vehicles. An independent monitor has been assigned to audit the company’s recall procedures for up to four years. The fine, the largest levied against an auto maker, was for lapses spanning nearly two dozen recalls, affecting more than 11 million vehicles—including Jeeps with rear gasoline tanks linked to numerous fatal fires.
Golden Egg
How much is a human egg worth? The question is at the heart of a lawsuit brought by two women who provided eggs to couples struggling with infertility. They claim that the guidelines adopted by fertility clinics amount to a conspiracy to set prices in violation of antitrust laws. Defendant organizations say that the aim of the guidelines is to lessen the chance of women being enticed by large payments to hide health risks that might disqualify them from donating eggs or ignoring side effects. If successful, the suit could shake up the entire industry.
Luxury Pain
Two of France’s leading luxury brands are facing major hurdles. Louis Vuitton and Gucci-owner Kering are each in the process of revamping, having lost their luster recently as overexpansion and a reliance on logo-driven products turned off consumers. For now, however, currency effects are hiding some of the weakness. Sales of watches and bags in countries outside Europe count for more when translated into euros, and the low currency is also boosting sales in Europe as tourists— particularly those from China—take advantage of better deals.
TOP STORIES
U.S.

As Trade Deal Nears Potential Home Stretch, Worries Abound

American Crossroads Gears Up for 2016 Elections
WORLD

In Kenya, Obama Uses His Story to Push for Economic and Political Progress

Syria’s Assad Admits War Is Taking Toll on Government Forces
BUSINESS

Teva to Buy Allergan Generics for $40.5 Billion

Hollywood’s New Backer: China
MARKETS

UBS Beats Profit Estimates, a Day Early

Can All Chinese Debt Be Rated Top Quality?
TODAY'S VIDEO
Tour de France 2015
That Was Painless
The world’s greatest cycling race ended in Paris on Sunday with Chris Froome of Great Britain wearing the yellow jersey for the second time in three years. WSJ’s Joshua Robinson wraps up 2015 Tour de France. Photo: AP
NUMBER OF THE DAY
53%
The share of value added this year to the Nasdaq Composite Index by six firms—Amazon.com, Google, Apple, Facebook, Netflix. and Gilead Sciences—according to data compiled by brokerage firm JonesTrading.
QUOTE OF THE DAY
The facts are pretty clear: I did not send nor receive anything that was classified at the time.
Hillary Clinton, campaigning in Iowa over the weekend. An investigation by the Intelligence Community Inspector General found four emails in Mrs. Clinton’s archive that contained information that was and remains classified.
TODAY'S QUESTION
What are your thoughts on the human-egg lawsuit? Send your comments, which we may edit before publication, to 10point@wsj.com. Please include your name and location.
—Compiled by Khadeeja Safdar
READER RESPONSE
On Friday’s question about Donald Trump’s comments on winning the GOP nomination, Jim Kiscaden of Pennsylvania wrote: “He has thus far wrinkled too many feathers in the ‘politically correct Republican establishment’ to get the endorsement. However, in his blunt style, he certainly has exposed the politically sensitive issues—illegal immigration, border security, full time employment, foreign policy blunders by the Obama administration—that are all on the minds of the American voter.” Bill Wood of California wrote: “Electing The Donald reminds me of California’s mistake electing Arnold as governor. He was a great candidate, great hope and no experience in functioning as an elected official. A colossal flop. As smooth and effective as Ronald Reagan was is far from Trump’s bombastic style. Hello gridlock!” Dave Lathrop of Michigan commented: “All fluff at this point. Jeb will win hands down. Mr. Trump is the id of the party and that’s always the entertaining part of a personality.” And from Texas, Niel Golightly weighed in: “Enough already with the political freak show. Let’s get on with exploring our real choices in 2016.”
This daily briefing is named "The 10-Point" after the nickname conferred by the editors of The Wall Street Journal on the lead column of the legendary "What's News" digest of top stories. Technically, "10-point" referred to the size of the typeface. The type is smaller now but the name lives on.
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Copyright 2015 Dow Jones & Company, Inc. All Rights Reserved.   

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