The Dow Jones Industrial Average rose 263.06 points, or 0.49%, to close at 54,348.94 on Wednesday, August 5; the S&P 500 fell 13.00 points, or 0.17%, to close at 7,723.52; and the Nasdaq Composite fell 221.55 points, or 0.83%, to close at 26,363.44 on Wednesday, August 5.

Fed governor Lisa Cook will speak on the economic outlook in ten minutes.

According to Iran's Fars News Agency, a source from the Iranian negotiating team stated that, contrary to some speculation and media reports, the US Treasury Department's lifting of a few sanctions against Iran is related to interactions between the Iraqi government and Washington, and is unrelated to the memorandum of understanding between Iran and the United States. (Note: The US Treasury Department previously lifted sanctions on Baghdad Airlines, which was sanctioned for alleged links to the Quds Force of Iran's Islamic Revolutionary Guard Corps.)

According to Reuters: Five sources said Iran has warned Gulf states that any new U.S. attacks on Iranian territory would trigger Iranian retaliation against key energy infrastructure in the region.

The U.S. Securities and Exchange Commission (SEC) is establishing a new dedicated agency within its Enforcement Division, designed to provide specialized expertise, focus, and capability to investigate and handle accounting and financial reporting fraud cases, as well as general misconduct in the fields of accounting and auditing.

The U.S. Senate confirmed Erica Schwartz as director of the U.S. Centers for Disease Control and Prevention.