Iran's foreign minister said regional peace can be maintained only under comprehensive, inclusive conditions free of external interference.

Initial jobless claims fell to 215,000 in the week ended June 27, below market expectations of 220,000 and down from 216,000 the prior week. Continuing claims for the week ended June 20 were 1.814 million. The Labor Department’s employment report showed payrolls rose 57,000 in June. Recent low claimant figures indicate firms have not been implementing large-scale layoffs.

Shenghong Technology said on July 1 in an investor-relations record that mid-term supply of high-end products will remain relatively tight. High-end PCB capacity expansion has long lead times and high equipment and process barriers, so new expansion projects are unlikely to deliver meaningful capacity in the short term. Downstream leading customers are prioritizing supply-chain stability, product quality and on-time delivery.