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U.S. Economy

US Real Consumer Spending 2nd Est (Q2 QQ) 3.4% vs. Exp. 3.2% (Prev. 0.5%)

StockNow breaking-news AI analysis

US economic data including the Q2 GDP report arrived alongside PCE inflation and durable goods orders as markets evaluated growth and Federal Reserve monetary policy prospects.

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Geopolitics

Iranian Army says areas east of the Strait of Hormuz, north of the Indian Ocean, the Arabian Sea, and the Oman Sea are under our operational control, Al Jazeera reports

Geopolitics

IRGC says Iran and Oman agreed on share of Hormuz revenues

U.S. Economy

US PCE Price Index (Jul MM) 0.2% vs. Exp. 0.1% (Prev. -0.1%)