U.S. Bureau of Labor Statistics: July unemployment rate 4.1%; unemployed 6.9 mln.

On Aug. 7 Trump posted on Truth Social that he will immediately appeal a federal appeals court decision blocking the White House ballroom project to the US Supreme Court, calling the ruling "politically motivated and illegal." He cited Judge Naomi Rao's dissent arguing plaintiff the National Trust for Historic Preservation lacks standing, the district court exceeded its authority, and government national-security interests should take precedence. Trump said the project includes not only a ballroom but also a bunker, hospital and medical facilities, classified military facilities, an anti-missile steel structure, an anti-drone roof, military-grade ventilation systems and bulletproof and blast-resistant glass, and constitutes an integrated national-security/military facility project.

Stifel raises PT on Cloudflare (NET.N) to $370 from $260.