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Stocks mixed on ASML earnings and soft PPI – Newsquawk US Market Wrap

News Snapshot:

SNAPSHOT: Equities mixed, Treasuries up, Crude up, Dollar down, Gold flatREAR VIEW: Softer-than-expected US PPI; NY Fed Manufacturing tops expectations; Fed's Williams says policy is well positioned to hit 2% inflation target; Trump leans toward expanding US military ops in Iran; Trump reportedly held a Situation Room meeting on Tuesday and discussed a wider scope of strikes on Iran; Trump says Iran wants to meet; Ghalibaf keeps diplomacy open; China's Q2 GDP growth underwhelms; ASML earnings beat fails to impress investors; BABA's Qwen AI will be integrated into AAPL Intelligence in China; BLK & MS beat on earnings; EIA crude…

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