U.S. manufacturing showed resilience in June with increased equipment investment. New orders for capital goods excluding aircraft rose significantly last month. Shipments of core capital goods also improved, indicating strong business spending. This trend supports expectations for steady economic growth through the second quarter. Artificial intelligence expansion continues to drive this manufacturing and economic activity.

US durable goods orders rose just 0.3% in June, far below the 2.5% forecast. Here's why crypto traders are watching for Fed rate cut signals.

The dollar was steady against a basket of currencies. Read more at straitstimes.com. Read more at straitstimes.com.