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SCHMID SAYS RECENT IMPROVEMENTS IN PRODUCTIVITY COULD BE ABOUT WORKERS STAYING IN JOBS LONGER, AS OPPOSED TO STEMMING SOLELY FROM TECHNOLOGY

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EIA Expectations: Crude 0.952M, Distillate -1.46M, Gasoline -1.10M

Senate Majority Leader Thune says “There’s going to be the legislative text coming over from the White House today. But I think it’s - like I said - the White House is operating in good faith”, reports Punchbowl's Weiss

SCHMID SAYS RECENT IMPROVEMENTS IN PRODUCTIVITY COULD BE ABOUT WORKERS STAYING IN JOBS LONGER, AS OPPOSED TO STEMMING SOLELY FROM TECHNOLOGY

US Fed's Schmid (2028 Voter, Hawk) says its appropriate to keep restrictive monetary policy with inflation close to 3%

Stellantis (STLAM IM/STLAP FP) has issued a do-not-drive notice for 225k older US vehicles, due to an airbag issue

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SCHMID SAYS RECENT IMPROVEMENTS IN PRODUCTIVITY COULD BE ABOUT WORKERS STAYING IN JOBS LONGER, AS OPPOSED TO STEMMING SOLELY FROM TECHNOLOGY

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