U.S. Bank

Bond yields fell across global markets after new U.S. inflation data came in milder than expected. The softer reading eased fears of further interest rate hikes, lifting bond prices and pulling yields down worldwide. Investors are now watching upcoming economic releases and central bank decisions for confirmation that price pressures continue to cool.

The U.S. Senate has voted 51–47 to block a resolution that would have forced investigations into the killings of American citizens in the West Bank. Despite backing from Democratic senators, the measure failed, drawing criticism from those who argue the U.S. government should press harder for accountability when Americans are killed abroad.

The Saudi Central Bank has increased its stock holdings in JPMorgan Chase & Co., according to a regulatory disclosure reported by MarketBeat. The purchase adds to the bank's position in the largest U.S. lender by assets. Details on the size of the stake or the timing of the transaction were not immediately available, and JPMorgan Chase has not commented.

The Federal Reserve Bank of St. Louis has released a banking analytics review of U.S. banking industry performance in the second quarter. The analysis examines how American banks fared over the quarter. Interest in the report reflects ongoing attention to the health of the U.S. financial sector.