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[MARKET UPDATE] US equity futures begin mildly lower with Emini S&P down about 0.2%, while crude futures are lifted with WTI up by more than 3% after US President Trump said he doesn't like Iran's response which he called "TOTALLY UNACCEPTABLE!”

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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)