Bernstein, Chairman of the White House Council of Economic Advisers: US President Biden wants to ensure future implementation.

Bernstein, Chairman of the White House Council of Economic Advisers: US President Biden likes this GDP report.

Bernstein, chairman of the White House Council of Economic Advisers: Biden’s message to the team is “we have not completed the task yet.”

IBM (IBM.N) extended its intraday gains to 6%.

The Netherlands is set to win EU approval for $2.2 billion in government subsidies for new nuclear reactors, the sources said, conditional on the medical isotopes produced from the reactors being sold at least at cost.

U.S. stocks continued to rise, with the Dow Jones Industrial Average up 1%, the Nasdaq up 0.38% and the S&P 500 up 0.12%.

NASA and Boeing say there is still no date set for the return of Starliner astronauts from the International Space Station.

Fannie Mae: The U.S. 30-year fixed-rate mortgage was 6.78% in the week ended July 25, up from 6.77% the previous week.

U.S. Vice President Harris: If elected, I will sign the PRO Act into law.

The winning rate of the U.S. Treasury bond auction for the four weeks ending July 25 was 5.285%, compared with the previous value of 5.27%.

The winning rate of the U.S. Treasury bond auction for the eight weeks ending July 25 was 5.26%, the same as the previous value of 5.26%.

U.S. Treasury Secretary Janet Yellen: We believe that trying to reach a global agreement on taxing the super-rich is not ideal.

U.S. Treasury Secretary Yellen: The dollar benefits from rising interest rates, this is how the system works.

U.S. Treasury Secretary Yellen: Happy to work with Brazil to promote the concept of progressive taxation within the G20.

U.S. Treasury Secretary Yellen: Rising U.S. interest rates have triggered capital inflows, pushing up the dollar.

U.S. Treasury Secretary Yellen: The United States strongly supports a progressive tax system.

U.S. Treasury Secretary Janet Yellen: Intervention in foreign exchange markets should occur only rarely and should be carried out after consultation when it is judged that there is excessive volatility.

U.S. Treasury Secretary Yellen: We believe in exchange rates determined by the market.

The Kansas City Fed’s manufacturing output index for July was -12, compared with -11 in the previous month.