The former president and many of his allies have played down the riot and boosted support for those who stormed the Capitol. A smaller wing of the party has strongly criticized Trump and the rioters. In between those Republican poles is a wavering middle, including many of Trump's 2024 nomination rivals and Speaker Kevin McCarthy (R., Calif.), who is facing calls for the House to vote on expunging Trump's two impeachments.
U.S., Allies Hold Record-Setting Military Exercise in Australia in Message Aimed at China
SHOALWATER BAY TRAINING AREA, Australia-At this military firing range in Australia's north, American jet fighters dropped 500-pound bombs on a hillside. Korean, Australian and American artillery units opened fire soon after. A Japanese surface-to-air missile system stood nearby.
The demonstration over the weekend, which involved more than a dozen artillery pieces and aircraft firing for about an hour, helped to kick off a major two-week biennial training exercise involving the U.S. and its allies that officials say is the most expansive in the exercise's history.
Write to paul.larkins@dowjones.com TODAY IN CANADA
Earnings:
None scheduled
Economic Calendar:
None scheduled
Expected Major Events for Monday
00:30/JPN: Jul Japan Flash Manufacturing PMI
05:30/JPN: Jun Tokyo area department store sales
05:30/JPN: Jun Nationwide department store sales
07:15/FRA: Jul France Flash PMI
07:30/GER: Jul Germany Flash PMI
08:30/UK: Jul Flash UK PMI
12:30/US: Jun Chicago Fed National Activity Index (CFNAI)
13:45/US: Jul US Flash Manufacturing PMI
13:45/US: Jul US Flash Services PMI
All times in GMT. Powered by Kantar Media and Dow Jones.
Expected Earnings for Monday
Applied Digital Corp (APLD) is expected to report for 4Q.
Bank Of Marin Bancorp (BMRC) is expected to report $0.43 for 2Q.
Bank of Hawaii Corp (BOH) is expected to report $1.12 for 2Q.
Cadence Bank (CADE) is expected to report for 2Q.
Cathay General Bancorp (CATY) is expected to report $1.13 for 2Q.
City Holding Co (CHCO) is expected to report $1.89 for 2Q.
Cleveland-Cliffs Inc (CLF) is expected to report $0.73 for 2Q.
Crown Holdings (CCK) is expected to report $1.48 for 2Q.
Domino's Pizza Inc (DPZ) is expected to report $3.05 for 2Q.
Dynex Capital (DX) is expected to report for 2Q.
Enterprise Financial Services Corp (EFSC) is expected to report $1.29 for 2Q.
Esquire Financial Holdings Inc (ESQ) is expected to report $1.05 for 2Q.
First United Corp (FUNC) is expected to report $0.72 for 2Q.
Five Star Bancorp (FSBC) is expected to report for 2Q.
Greene County Bancorp (GCBC) is expected to report for 4Q.
Grupo Aeroportuario del Sureste SAB de CV - ADR (ASR, https://urldefense.com/v3/__http://ASUR.MX__;!!F0Stn7g!DJWHJIX4MijGYWbhJyS-LOgvq1c4DTxD4ZemzCuGmV-0D5Q8TjN7jh1AckOmmzcN9ceQxGaiJCyJqHkaYDuVYp_c8PDGk1tddmNqV7paCnQ$ ) is expected to report $8.91 for 2Q.
HBT Financial Inc (HBT) is expected to report for 2Q.
HealthStream (HSTM) is expected to report $0.09 for 2Q.
Heartland Express (HTLD) is expected to report $0.16 for 2Q.
Hope Bancorp Inc (HOPE) is expected to report $0.30 for 2Q.
Independent Bank Group (IBTX) is expected to report $0.88 for 2Q.
KKR Real Estate Finance Trust Inc (KREF) is expected to report $0.08 for 2Q.
MainStreet Bancshares Inc (MNSB) is expected to report $0.85 for 2Q.
Medpace Holdings Inc (MEDP) is expected to report $1.91 for 2Q.
Northwest Bancshares Inc (NWBI) is expected to report $0.26 for 2Q.
Orrstown Financial Services Inc (ORRF) is expected to report $0.79 for 2Q.
Park National (PRK) is expected to report $1.97 for 2Q.
Peoples Bancorp of NC (PEBK) is expected to report for 2Q.
RBB Bancorp (RBB) is expected to report $0.57 for 2Q.
RLI Corp (RLI) is expected to report $1.25 for 2Q.
Range Resources Corp (RRC) is expected to report $0.24 for 2Q.
Sierra Bancorp (BSRR) is expected to report $0.59 for 2Q.
Simpson Manufacturing (SSD) is expected to report $2.06 for 2Q.
SmartFinancial Inc (SMBK) is expected to report $0.53 for 2Q.
Southern States Bancshares Inc (SSBK) is expected to report for 2Q.
TAG Oil (TAO.V,TAOIF) is expected to report for 4Q.
TrueBlue (TBI) is expected to report $0.16 for 2Q.
Trustco Bank Corp (TRST) is expected to report for 2Q.
WSFS Financial Corp (WSFS) is expected to report $1.10 for 2Q.
Washington Trust Bancorp Inc (WASH) is expected to report $0.63 for 2Q.
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ANALYST RATINGS ACTIONS
Abbott Labs Raised to Peer Perform From Underperform by Wolfe Research
Activision Blizzard Cut to Neutral From Buy by Roth MKM
Aspen Technology Cut to Hold From Buy by Loop Capital
Blackstone Cut to Neutral From Overweight by JP Morgan
Carvana Cut to Neutral From Overweight by Piper Sandler
Denbury Cut to Hold From Accumulate by Johnson Rice
Discover Financial Cut to Neutral From Overweight by Piper Sandler
Equinix Cut to Equal-Weight From Overweight by Wells Fargo
Floor & Decor Holdings Cut to Hold From Buy by Jefferies
Herc Holdings Cut to Underperform From Buy by B of A Securities
Marsh & McLennan Raised to Neutral From Underperform by B of A Securities
Newmont Cut to Neutral From Outperformer by CIBC
Sirius XM Cut to Sell From Hold by Pivotal Research
Sirius XM Cut to Sell From Neutral by Seaport Global
Sirius XM Cut to Underperform From In-Line by Evercore ISI Group
SL Green Realty Raised to Overweight From Neutral by Piper Sandler
Sunnova Energy Intl Cut to Market Perform From Outperform by BMO Capital
Vintage Wine Estates Raised to Hold From Sell by Canaccord Genuity
This article is a text version of a Wall Street Journal newsletter published earlier today.
(END) Dow Jones Newswires
07-24-23 0604ET
