Fed's Daly said acting too quickly could suppress the economy prematurely; acting too slowly could harm the public.

US June seasonally adjusted government payrolls +8,000; prior figure revised from +52,000 to +32,000.

At Yingshi Innovation's 2025 annual shareholders meeting, founder and chairman Liu Jingkang said China's smart imaging market is effectively dominated by DJI and Yingshi Innovation and is not a rational market. He warned price wars are difficult to disprove and that no company can sustain a long-term monopoly or profits through pure price competition, saying the consumer electronics sector cannot rely on price cuts for healthy industry development.