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Fed's Paulson says useful to consider different scenarios around Iran war; impact of Iran war comes as inflation has been high; there's more risk of faster shift from oil prices into inflation expectations

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Risk that series of supply shocks drive up inflation. Economy is not creating a lot of jobs right now.

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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)