News
According to filings with the U.S. Securities and Exchange Commission (SEC), IMG Wealth Management holds 212 Class A shares of SpaceX (SPCX.O).
According to filings with the U.S. Securities and Exchange Commission (SEC), AT&T (T.N) has submitted final terms documents for the issuance of €1.2 billion in floating-rate global notes, which will mature in 2028.
The Dow Jones Industrial Average rose 151.42 points, or 0.28%, to close at 54,036.52 on Friday, August 7; the S&P 500 rose 47.63 points, or 0.62%, to close at 7,757.59 on Friday, August 7; and the Nasdaq Composite rose 342.26 points, or 1.30%, to close at 26,690.62 on Friday, August 7.
According to CNN, US President Trump will hold a phone rally next Monday for Darlene Graham (sister of the late Senator Lindsey Graham).
Ukrainian President Volodymyr Zelenskyy expressed his gratitude for the US Senate's passage of the Russian sanctions bill.
According to the U.S. Commodity Futures Trading Commission (CFTC), as of the week ending August 4, net short positions in the Japanese yen were 45,473 contracts. Net short positions in the euro were 58,091 contracts. Net short positions in the British pound were 57,814 contracts. Net short positions in the Swiss franc were 32,822 contracts.
According to the U.S. Commodity Futures Trading Commission (CFTC), in the week ending August 4, speculators reduced their net short positions in Chicago Board of Trade (CBOT) U.S. Treasury futures by 41,225 contracts to 176,272 contracts. They reduced their net short positions in CBOT 2-year U.S. Treasury futures by 120,346 contracts to 1,004,228 contracts. They increased their net short positions in CBOT 5-year U.S. Treasury futures by 179,319 contracts to 1,325,719 contracts. They reduced their net short positions in CBOT 2-year U.S. Treasury futures by 120,346 contracts to 1,004,228 contracts. They reduced their net short positions in CBOT ultra-long-term U.S. Treasury futures by 5,723 contracts to 314,985 contracts.
According to the U.S. Commodity Futures Trading Commission (CFTC), in the week ending August 4, natural gas speculators increased their net short positions by 28,093 contracts to 89,090 contracts across the four major New York Mercantile Exchanges (NYMEX) and Intercontinental Exchanges (ICE).
According to the U.S. Commodity Futures Trading Commission (CFTC), in the week ending August 4, COMEX gold speculators' net long positions increased by 12,070 contracts to 132,398 contracts. COMEX silver speculators' net long positions increased by 2,679 contracts to 11,067 contracts. COMEX copper speculators' net long positions increased by 11,307 contracts to 77,796 contracts.
The Spanish government announced that passport and nationality checks for Italian passengers will begin at midnight on Saturday and continue until September 7.
The Spanish government announced that it will implement border controls on flights and ships from Italy due to the immigration dispute.
According to the Wall Street Journal, U.S. intelligence agencies have linked the drone explosion at a German airport to Russia.
US President Trump: Announced a series of mining projects worth $3 billion.
US President Trump: $100 million will be provided to US mining colleges and universities. This investment will help train the next generation of mining engineers as the industry faces a massive wave of retirements and a shortage of graduates.
According to Saudi media Alhadath, sources revealed that Italy, Britain, Switzerland, and Indonesia may participate in the mechanism for verifying Hezbollah's disarmament.
US President Trump: The US government has made "historic investments" in the critical US mineral supply chain, including direct equity stakes in producers. The government's $400 million investment in MP Materials is now worth nearly $1.2 billion.
According to the Wall Street Journal, White House officials say the Trump administration will provide more than $2 billion in funding to four battery and mining companies. Battery startup Sila Nanotechnologies has already secured a $1.4 billion loan from the Pentagon. Australia's Sunrise Energy Metals has reached a $400 million loan agreement with the Pentagon for scandium production.
Both WTI and Brent crude oil prices fell in the short term after US officials said that negotiations between Oman and Iran in the Strait of Hormuz had made progress and an agreement was expected to be reached soon.
The U.S. Treasury Department reported that in the latest bi-weekly reporting period, investment funds purchased $31.104 billion in 7-year U.S. Treasury securities maturing July 31, 2033, compared to $31.559 billion in the previous month. Foreign investors purchased $5.242 billion in 7-year U.S. Treasury securities maturing July 31, 2033, compared to $5.864 billion in the previous month.
U.S. consumer credit in June was $14.17 billion, below the expected $10.5 billion and the previous figure was revised from -$182 million to -$1.08 billion.