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U.S. EconomyIMPORTANT

US S&P Global Services PMI Final (Jul) 54.6 vs. Exp. 53.6 (Prev. 51.2)

StockNow breaking-news AI analysis

Stronger-than-expected July services and manufacturing data suggests 2.8% GDP growth, prompting the Fed to consider a 2026 rate hike despite record corporate margins and ongoing Middle East inflation risks.

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Today's market highlights

A selection of stories drawing attention in the market.

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Fed

Fed's Kashkari (2026 voter, Hawkish dissenter) says now is the time to start slowly moving up rates, but not calling for dramatic rate hikes

Geopolitics

Arab sources report missile attack on Bahrain, Fars reports

U.S. Markets

Sandisk (SNDK) Q4 2026 (USD): Adj. EPS 39.25 (exp. 34.96), Revenue 8.97bln (exp. 8.48bln)

SNDK