- US stock indexes, including the S&P 500 and the Nasdaq 100, declined as crude oil prices rose and Treasury yields advanced.
- The Islamic Revolutionary Guard Corps targeted a US airbase in Jordan with ballistic missiles and claimed to halt three tankers in the Strait of Hormuz.
- The US and Saudi Arabia launched a joint attack against Iran-aligned forces in Iraq.
- US mortgage applications decreased by 6.4% in the week ended July 24, and the average 30-year fixed rate mortgage rose to 6.76%.
Quotes
“hit Iran hard”