Fed's Barkin spoke to Wall Street Journal - says inflation won't be as high as you think

US July deficit jumps 20% despite record tariffs. Traders eye fiscal health as debt climbs.

GSAT jumps 3.5% on Singapore expansion news, but remains volatile. Down 10.4% YTD, it's 17.1% off its 52-week high.

Oil: private survey of inventory shows a headline crude oil build vs. draw expected (This is from the privately surveyed oil stock data ahead of official government data tomorrow morning)

Fed's Barkin spoke to Wall Street Journal - says inflation won't be as high as you think ... stretched consumers will trade down, spend less

REZI jumps 12.9% on upgrade, $35 target! Record Q2 revenue & Honeywell deal boost valuation. ADI spin-off eyed.

Semis rally on inflation data! ENTG +5.3%, IPGP +3.2%, OLED +3.1%, KLIC +5.2%, LRCX +3%. Fed rate cut hopes fuel gains.

Semis rally on inflation data! POWI +4.8%, FORM +4.6%, LSCC +4.1%, AMKR +4.4%, TER +6.8%. TER down 11.9% YTD.