U.S. exports in July were $266.6 billion, compared with $265.9 billion in the previous month.

Swiss government: Approves draft bill to ban Hamas.

The Baltic Dry Index fell 2.31% to 1,902 points.

Volvo Cars expects 90% to 100% of its sales to be electric vehicles by 2030.

Volvo Cars has abandoned its goal of going all-electric by 2030.

Citi: In order to make the rebound in crude oil prices more significant and lasting, it is the wisest choice for OPEC+ to extend the production cuts beyond October.

Israeli Minister of Strategic Affairs: Israeli Prime Minister Netanyahu plans to address the United Nations General Assembly in New York.

Citi: Unless OPEC+ cuts production further, oil prices could average $60 a barrel in 2025 due to slowing demand and strong non-OPEC supply.

Lyft (LYFT.O) announced a restructuring plan, expecting to face approximately $34 million to $46 million in restructuring and related expenses, and announced a layoff of approximately 1% of its employees.

Israeli Minister of Strategic Affairs: Israel is committed to negotiations on the Philadelphia Corridor.

Volkswagen CEO: Measures will be taken to improve profitability.

The fire at the fuel depot in Proletarsk, Russia has been put out.

The CEO of Baker Hughes Oilfield Services (BKR.O) expects the U.S. drilling market to soften in the second half of 2024.

The London Metal Exchange (LME) plans to boost trading in its monthly contracts and said this could reduce trading in its benchmark three-month contract.

If the deal with Nippon Steel falls through, U.S. Steel could close plants.

UBS: Oil prices are likely to remain volatile in the short term. We maintain our positive outlook and expect oil prices to recover from current levels in the coming months.

Russian Ministry of Defense: Russia used the hypersonic "Dagger" system in Lviv.

Russian Defense Ministry: Russia attacked the Ukrainian military training center in Poltava on September 3. (Interfax)

Volkswagen expects overall car demand in Europe to be 2 million vehicles below its peak.