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[MARKET UPDATE] Risk sentiment improves as oil prices trim gains on reports that China in talks with Iran to allow safe oil and gas passage through Hormuz; Equities lifted off lows, USD pulls back, leaving precious metals trimming losses

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U.S. Markets

Eli Lilly (LLY) Q2 2026 (USD): Adj. EPS 8.38 (exp. 6.01), Revenue 23bln (exp. 20.7bln)

LLYGeopolitics

Pakistani sources say Pakistan PM Sharif and Army Chief Munir will visit Saudi Arabia tomorrow, Al Hadath reports

U.S. Economy

US ADP Employment Change (Jul) 44K vs. Exp. 70K (Prev. 98K)