Citigroup upgraded Lockheed Martin (LMT.N) to Buy from Neutral and raised its target price to $582 from $571.

Andy Challenger, chief revenue officer and labor-market specialist at US job-data firm Challenger, said the pace of planned layoffs eased markedly in June, roughly in line with planned levels in June last year and consistent with typical summer seasonality.

China's Ministry of Housing and Urban-Rural Development urged localities at a Changsha meeting to expand government procurement support for green building materials, accelerate R&D of thermal insulation, high-performance concrete and other new materials, and improve materials' thermal, waterproofing and environmental performance. The ministry called for systematic planning of the green building industry to drive a high-quality green transition in urban and rural construction.