Wall St futures largely unchanged after second-quarter GDP data
Gross domestic product (GDP) rose 3% in the second quarter, a Commerce Department advance report showed, compared with expectations for 2.4% growth, according to economists polled by Reuters.
Separately, the ADP National Employment report showed private payrolls rose 104,000 in July, compared with estimates for an increase of 75,000.
At 8:31 a.m. ET on Wednesday, U.S. S&P 500 E-minis were up 3.75 points, or 0.06%, Nasdaq 100 E-minis were up 30.5 points, or 0.13%, and Dow E-minis were up 2 points.
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Daily Mail
9 minutes ago
- Daily Mail
DAILY MAIL COMMENT: Keir Starmer must fight for UK drug firms
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The Guardian
9 minutes ago
- The Guardian
ESPN reportedly selling equity stake for RedZone and other NFL properties
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The Guardian
9 minutes ago
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Trump news at a glance: ‘credibility' of US economics data at risk, say experts, as president fires labor dept official
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The US president claimed that Erika McEntarfer, the commissioner of labor statistics, had 'faked' employment figures in the run-up to last year's election in an effort to boost Kamala Harris's chances of victory. Trump later claimed: 'Today's Jobs Numbers were RIGGED in order to make the Republicans, and ME, look bad.' He produced no evidence for these allegations and insisted that the US economy was, in fact, 'BOOMING' on his watch. Read the full story Donald Trump has said that he deployed nuclear-capable submarines to the 'appropriate regions' in response to a threatening tweet by Russia's former president Dmitry Medvedev, suggesting that he would be ready to launch a nuclear strike as tensions rise over the war in Ukraine. In a post on Truth Social on Friday, Trump wrote that he had decided to reposition the nuclear submarines because of 'highly provocative statements' by Medvedev, noting he was now the deputy chair of Russia's security council. 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Read the full story Americans are struggling financially, grappling with debt and the rising cost of living, and are blaming the Trump administration and corporate interests for worsening economic outlooks for working families, according to a new poll. Read the full story A new Trump administration report that attempts to justify a mass rollback of environmental regulations is chock-full of climate misinformation, experts say. Read the full story The US economy added 73,000 jobs in July, far lower than expected, amid ongoing concerns over Donald Trump's escalating trade war. Poverty and hunger will rise as a result of the Trump administration's unprecedented cuts to the US federal 'food stamps' program, according to experts. Low-income workers who rely on the aid are braced for dire consequences. California's governor, Gavin Newsom, may call a special election in November to begin the process of redrawing the state's congressional maps in response to Texas's plans to change its own maps to help Republicans keep their majority in the House of Representatives. Ghislaine Maxwell, Jeffrey Epstein's associate who is currently serving a 20-year prison sentence for sex-trafficking crimes, has been transferred from a federal prison in Florida to a lower-security facility in Texas, the US Bureau of Prisons said on Friday. Kamala Harris has said she currently has no desire to re-enter 'the system' of American politics because it is 'broken'. Sixteen states are suing the Trump administration to defend transgender youth healthcare access, which has rapidly eroded across the US due to threats from the federal government. Catching up? Here's what happened 31 July 2025.
