Spot silver climbed above $62/oz for the first time since July 7, rising 4.19% intraday.

SanDisk (SNDK.O) reported strong fiscal 2026 Q4 results, with revenue and earnings beating consensus; revenue rose 372% YoY and 51% QoQ. Management said the upside reflected a mix shift to higher‑value customers (data‑center revenue +437%) and price increases. Guidance for the next quarter of $10.3–10.8bn in revenue fell short of Street estimates. Options expiring the week of Aug. 7 showed the $1,370 strike with the largest open interest in both calls and puts; intense post‑earnings options activity may have at least partly driven the stock’s weakness. Shares fell as much as 8% in after‑hours trading.

S&P Global US Services PMI final for July 54.6, prior 53.6.