China opens doors wider for foreign investment

Yahoo Finance’s Seana Smith, Rick Newman, Jared Blikre and Jeanie Ahn discuss today’s big stories.

Some of today’s topics include:

• China opening economy to foreign investments

• California passes strict new privacy laws

• Oil futures climb to highest level in years

• Toys “R” Us closing final locations

• Nike soars on big earnings, profit beat

• Novartis to spin off optical division Alcon

• Fox, Disney set deal vote for July 27

• Guinness opening US brewery near Baltimore

• Tesla falling short of Model 3 production goal: Rpt

• Tesla invites Model 3 buyers to put down another $2,500

• Facebook, Twitter adding tools for election ad transparency

• #SlayYourDebt sweepstakes ends today