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What you need to know on Wall Street today

Finance Insider is Business Insider's midday summary of the top stories of the past 24 hours.

Welcome to Finance Insider, Business Insider's summary of the top stories of the past 24 hours.

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President Donald Trump is once again dominating the headlines.

According to Ray Dalio, founder of Bridgewater Associates, Trump's actions of late are showcasing a tendency to choose the part over the whole.

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Qatari stocks got slammed after four Arab nations cut ties.

Sovereign wealth funds are shunning British investments after Brexit. And one chart shows the huge mess Brexit is creating for UK banking.

The chairman of the company behind the EpiPen reportedly flipped everyone off when he was asked about drug pricing. A bunch of states are taking on high drug prices, and it could start hitting drugmaker profits. And Herbalife raised its profit forecast and said it met a key FTC threshold.

Snapchat isn't adding enough users, and the stock could go lower, according to JPMorgan. Alphabet topped $1,000 for the first time. Apple and Amazon are joining Foxconn's bid for Toshiba's chip business.

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Lastly, Singapore's casinos can't collect from the high rollers of China.

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