China manufacturing PMI for July stood at 49.2%, with the production side showing relative resilience.

Amazon (AMZN.O) CEO says the prospect of strong financial returns from AI and AWS spending is clear.

Financial Times reports President Trump said he has not decided whether to permit Ukraine to manufacture Patriot surface-to-air interceptors, creating uncertainty over US approval for one of Kyiv's key requests. In a phone interview he said he was "not sure" the US would issue production licenses and that "we are looking into it." Trump said his focus is ending the Russia-Ukraine war and that envoys Jared Kushner and Steve Witkoff will visit Ukraine in coming days. On the Middle East he said Iran's recent strikes aim to widen the regional war but that Tehran will "ultimately give in," adding "we are hitting them hard." He also said he is optimistic the US will finalize last week's landmark civilian nuclear agreement with Saudi Arabia.