GOURINCHAS, IMF chief economist, said the Fed's gradual abandonment of strong forward guidance in monetary policy is "entirely appropriate."

Following a tripartite framework agreement between Lebanon, Israel and the United States on June 26, Israeli forces struck southern Lebanon on June 27, Lebanese sources said. An Israeli drone hit an intersection in the nebetiyeh area and another dropped a blast munition near Taibnit village; Israeli troops advanced toward the outskirts of Shuba village, using medium and heavy machine-gun fire during the movement.

Nasdaq said SpaceX will be added to the Nasdaq-100 from July 7 pending final qualification. Index-tracking funds are expected to begin buying shares after the close on July 6, ahead of formal inclusion; SpaceX is forecast to enter with under 1% weight in the tech-heavy index.