Headlines discussed at LNWM’s Monday morning briefing:

— A preliminary deal was reached between Iran and six world powers to limit Iran’s nuclear program.

— The U.S. added only 126,000 jobs in March making it the lowest increase in more than a year.

— U.S. oil imports from OPEC nations have fallen to a 28-year low on rising domestic production.

— The Nasdaq stock index has risen for 9 consecutive quarters but has yet to set a new record high.

— California imposed restrictions to reduce water use by 25% in response to severe drought.

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