The Conference Board Consumer Expectations Index in July was 88.3, compared with 79.3 in the previous month.
The Philadelphia Semiconductor index rose 1.4 percent, NXP Semiconductors (NXPI.O ) rose 3.4 percent, Taiwan Semiconductor Manufacturing (TSM.N ) rose 2.95 percent and AMD (AMD.O ) rose 1.32 percent.
The S&P 500 aerospace and defense index hit its lowest level in nearly two months, down 4.7% on the day.
The Conference Board Consumer Confidence Index for July and the Richmond Fed Manufacturing Index will be released in ten minutes.
An IMF official said Germany should start ending energy crisis aid for households.
Gu Lansha, chief economist of the IMF: Our suggestion to Japan is that monetary policy can remain loose, but the economy must be prepared for the need to &quot;might start raising interest rates&quot;.
EU Agriculture Commissioner: EU will discuss subsidizing grain shipments (from Ukraine).
IMF Chief Economist Gulansha: For Spain and other countries that rely on tourism, the strong demand in the service industry has had a positive impact on it.
According to a Reuters survey, the global economy is expected to grow by 2.7% in 2023 and 2024 (2.5% and 2.8% in the April survey).
EU Agriculture Commissioner: The EU is ready to export almost all products from Ukraine through the solidarity channel.
Shares of iRobot hit a one-month low after Amazon (AMZN.O) slashed its bid for the company to $51.75 a share.
IMF Chief Economist Gu Lansha: Indian authorities will be encouraged to lift (rice export) restrictions.
General Motors ( GM.N ) fell 5.3 percent.
Walmart Stores ( WMT.N ) opened up 0.8 percent and was on track to hit a record high by the close.
General Electric ( GE.N ) opened up 4.2 percent to its highest level since January 2018.
Raytheon Technologies ( RTX.N ) fell 12%, its biggest intraday drop since March 2020.
IMF Chief Economist Gu Lansha: There are more and more signs that global economic activities are losing momentum.
IMF Chief Economist Gulansha: The suspension of the Black Sea Grain Agreement will put pressure on food prices.
IMF Chief Economist Gu Lansha: Given the expected level of inflation, the US monetary policy needs to remain in the contraction range.
Gu Lansha, chief economist of the IMF: A large part of the decline in inflation is due to the decline in energy prices.