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The New York State Attorney General stated that Trump's new tariffs are too broad and bypass investigations targeting specific countries, disregarding legal requirements. Trump's latest tariffs merely replace tariffs previously rejected by the U.S. Supreme Court.

Mohsen Rezaei, military advisor to Iran's Supreme Leader: We did not attack any American citizens, but the United States attacked our country. The vast majority of countries in the world would say that the United States is a belligerent nation.

According to hourly grid monitoring data, the Texas Electric Reliability Council (ERCOT) recorded a record hourly peak load of 91.1 gigawatts (GW) on July 22.

OpenAI: These achievements cover fields such as sphere packing, coding theory, group theory, quantum complexity, lattice cryptography, and extreme value combinatorics. These include proving the existence of non-Sofic groups and achieving exponential improvements to the limits of high-dimensional sphere packing.

On August 4th, the Gaza Peace Committee stated that once Hamas completes its disarmament process, Israeli troops will fully withdraw beyond the Yellow Line in eastern Gaza. This statement was reaffirmed after a meeting between Committee Director-General Nikolai Mladenov and Israeli Prime Minister Benjamin Netanyahu. According to the committee's statement, its ultimate goal is to ensure the "complete disarmament of the Gaza Strip and the transition from gun control to civilian governance." The statement said that the implementation of civilian governance will be "overseen by the International Stabilization Force and the Executive Verification Committee, of which the United States and the Peace Committee are members."

August 4th - As of 2:30 PM closing, the Shanghai Gold futures contract closed down 0.11% at 882 yuan/gram, the Shanghai Silver futures contract closed up 0.34% at 14,153 yuan/kilogram, and the SC Crude Oil futures contract closed down 1.67% at 540 yuan/barrel.

According to Futures News on August 4th, as of the close of trading at 2:30 PM, the main Shanghai gold futures contract fell by 0.11%, the main Shanghai silver futures contract rose by 0.34%, and the main SC crude oil futures contract fell by 1.67%.

On Monday, August 3, the Shanghai Gold Exchange's gold T+D futures contract closed down 0.33% at 878.9 yuan/gram; the Shanghai Gold Exchange's silver T+D futures contract closed down 0.85% at 14,000.0 yuan/kilogram.

US President Trump: (Regarding Iran) I have no time limit.

US President Trump reiterated that oil companies should do a better job of lowering retail prices.

A Meta Platforms (META.O) spokesperson said the company was invited to the White House on Tuesday to discuss artificial intelligence security testing with the U.S. government.

The Federal Reserve accepted a total of $2.127 billion from four counterparties in its fixed-rate reverse repurchase operations.

August 4th - Venezuelan oil exports plummeted in July as Middle Eastern crude oil supplies, previously constrained by the Iranian conflict, returned to the market following a temporary truce, coupled with weakening Indian demand. According to shipping reports, Kpler data, and foreign media tracking of vessel activity, Venezuelan crude oil shipments fell to 856,000 barrels per day last month, the lowest level in five months, a 25% decrease from June. Exports to India were halved. As the conflict with Iran entered its sixth month, supply chain adjustments and the use of alternative shipping routes mitigated the initial shock to global energy flows. Oil prices fell after Trump canceled plans to attack Iran on Monday to push for continued peace talks. The United States and India remain the largest buyers of Venezuelan crude oil.

Boeing (BA.N): Southwest Airlines is preparing to receive its first 737-7 aircraft.

Boeing (BA.N): The U.S. Federal Aviation Administration (FAA) has certified the new Boeing 737-7 aircraft. The company is preparing for its first delivery of the 737-7.

The U.S. Commodity Futures Trading Commission (CFTC) has ordered UBS to pay an $8 million fine due to oversight failures related to its anti-money laundering transaction monitoring system.

The U.S. Securities and Exchange Commission (SEC) has ordered UBS to pay a $20 million civil penalty for alleged anti-money laundering violations.