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U.S. EconomyIMPORTANT

US Michigan Consumer Sentiment Final (Jul) 55.2 vs. Exp. 54.4 (Prev. 49.5)

StockNow breaking-news AI analysis

July consumer sentiment beat expectations at 55.2, while short-term inflation expectations fell to 4.2% and long-term expectations remained steady at 3.3%.

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Geopolitics

Gulf official tells CNN “50:50” chance US and Iran could reach deal by Friday, CNN reports; Iranian delegation does not include IRGC, which would need to sign off on details of provisional agreement

Geopolitics

The draft agreed to by Iranian and Omani negotiators awaits final approval from Iran’s supreme leader, two regional officials told The Associated Press on Wednesday

U.S. Economy

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