U.S. University of Michigan preliminary August consumer expectations index 50.6, est. 55.2, prior 55.4.

Jared Kushner, U.S. President Donald Trump’s son-in-law and Middle East peace envoy, will visit Israel next week to discuss Gaza, a U.S. official said. The trip is part of a renewed U.S. push to advance a long-delayed peace plan after Israeli Prime Minister Netanyahu rejected a 15-point roadmap issued late last month. The roadmap proposed disarming Hamas, transferring Gaza administration to a new Palestinian government and withdrawal of Israeli forces. The U.S. and Israel have agreed on target outcomes for Gaza and will continue cooperation; Kushner may also visit other regional partners to discuss the plan.

Goldman derivatives trader Shawn Tuteja says US equity sentiment reversed in two weeks from fearing the Fed, higher long‑end yields, geopolitics and supply to a 'either outcome is bullish' view on the September FOMC. Market reads a dovish‑leaning hike as stabilising the long end, and no hike as confirmation that strong earnings will broaden gains beyond AI. Client net exposures are at the 67th percentile over the past five years and total exposures at the 89th; SPX single‑day call volume hit a record ~4.0m contracts. Tuteja does not predict a large index decline but warns that when both policy outcomes are pre‑priced as positive, market cushioning against a hawkish surprise or renewed long‑yield upside is reduced, raising complacency risk.