[BRIEFING.COM] The S&P 500 (-0.5%), Nasdaq Composite (-0.2%), and DJIA (-1.2%) remain lower and little changed from earlier levels as the market enters the final hour of the session.
CNBC, citing a Reuters report based on Iranian state media, reported that explosive sounds were heard near Kharg Island, Iran's main oil export location.
On the economic data front, consumer credit increased by $18.06 billion in July (Briefing.com consensus: $11.3 billion) following an upwardly revised $14.56 billion increase (from $14.17 billion) in June.