WASHINGTON-President Trump said the fate of a landmark agreement to provide Saudi Arabia with a civilian nuclear program was contingent on the kingdom normalizing relations with Israel, adding a condition to the deal that could complicate its path forward.

The deal "will be approved, but is totally subject to Saudi Arabia joining the very respected and successful Abraham Accords," Trump wrote Thursday on Truth Social, referring to a series of agreements brokered by the U.S. to normalize relations between Arab nations and Israel.

GOP Lawmakers Stick With Trump as War Anxiety Rises

WASHINGTON-Republicans are standing firmly behind President Trump as he struggles to extricate the U.S. from the war he launched with Iran nearly five months ago, despite signs that Americans are growing weary of the fighting and its economic impact headed into the midterm elections.

In the latest test of congressional Republicans' patience, a Democratic-backed measure to rein in the president's war powers passed 214-208 in the narrowly divided chamber Thursday, but all but four GOP House lawmakers voted against the resolution. That marked no change from a tally last month that also gauged support for the president's handling of the conflict.

Write to pierre.bertrand@wsj.com

TODAY IN CANADA

2Q Earnings:

Canadian National Railway

Economic Indicators (ET):

0830 Industrial product and raw materials price indexes for June

0830 New Housing Price Index for June

Stocks to Watch:

Almonty: To Voluntarily Delist From ASX; Expects Delisting Will Occur on Sept 1; Seeking to Delist From ASX Due to Low and Declining Volumes Traded on ASX as Compared to That of Nasdaq and TSX

Headwater Exploration 2Q Net C$85.4M; 2Q Sales C$227.7M; 2Q EPS C$0.36

Cadillac Mines Prices Upsized C$385M IPO; Offering Nearly 47.1M Common Shrs at C$6.90 Each; Offering 6.3M Special Flow-Through Shrs at C$9.52 Each; Upsizes IPO From C$363M Set Out in Final Prospectus; Expects Offering to Close on or About Aug. 5; Expects Common Shrs to Trade on TSX on July 24 Under 'CADY'

Amapá Minerals Prices 127.3M IPO Shares at $1.10 Each; Expects Gross Proceeds of $140M From IPO; Expects Offering to Close July 30; Expects Shares to Begin Trading on the Toronto Stock Exchange on July 27

Expected Major Events for Friday

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

06:00/GER: Aug GfK consumer climate survey

06:00/UK: Jun Retail sales

07:15/FRA: Jul France Flash PMI

07:30/GER: Jul Germany Flash PMI

08:30/UK: Jul Flash UK PMI

08:30/UK: Jul Agents' Summary of Business Conditions

12:30/CAN: Jun Industrial product and raw materials price indexes

12:30/CAN: Jun New Housing Price Index

13:45/US: Jul US Flash Manufacturing PMI

13:45/US: Jul US Flash Services PMI

14:00/US: Jun New Residential Sales

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Expected Earnings for Friday

American Express Co (AXP) is expected to report $4.40 for 2Q.

Booz Allen Hamilton Holding Corp (BAH) is expected to report $1.41 for 1Q.

California BanCorp (BCAL) is expected to report $0.40 for 2Q.

Canadian National Railway Co (CNI,CNR.T) is expected to report $1.94 for 2Q.

Capital Bancorp Inc (CBNK) is expected to report $0.83 for 2Q.

Carter's Inc (CRI) is expected to report $0.05 for 2Q.

Central Pacific Financial Corp (CPF) is expected to report $0.78 for 2Q.

Chain Bridge Bancorp Inc (CBNA) is expected to report for 2Q.

Charter Communications Inc - Class A (CHTR) is expected to report $10.30 for 2Q.

ChoiceOne Financial Services Inc (COFS) is expected to report $0.88 for 2Q.

Dyne Therapeutics Inc (DYN) is expected to report $-0.75 for 2Q.

First Bank (Williamstown NJ) (FRBA) is expected to report $0.40 for 2Q.

First Hawaiian Inc (FHB) is expected to report $0.58 for 2Q.

Flagstar Bank NA (FLG) is expected to report for 2Q.

Gentex Corp (GNTX) is expected to report $0.50 for 2Q.

German American Bancorp Inc (GABC) is expected to report $0.92 for 2Q.

Gorman-Rupp Co (GRC) is expected to report $0.69 for 2Q.

GrafTech International Ltd (EAF) is expected to report for 2Q.

HCA Healthcare Inc (HCA) is expected to report $7.53 for 2Q.

Hartford Insurance Group Inc (HIG) is expected to report $3.40 for 2Q.

Hilltop Holdings Inc (HTH) is expected to report $0.49 for 2Q.

Lamb Weston Holdings Inc (LW) is expected to report $0.54 for 4Q.

Ledyard Financial Group (LFGP) is expected to report for 2Q.

MetroCity Bankshares Inc (MCBS) is expected to report $0.82 for 2Q.

National Bankshares Inc (NKSH) is expected to report $0.80 for 2Q.

National Presto Industries Inc (NPK) is expected to report for 2Q.

NextEra Energy Inc (NEE) is expected to report $1.06 for 2Q.

Ohio Valley Banc Corp (OVBC) is expected to report for 2Q.

Ponce Financial Group Inc (PDLB) is expected to report $0.37 for 2Q.

Republic Bancorp Inc (Kentucky) - Class A (RBCAA) is expected to report $1.55 for 2Q.

Richards Group Inc (RIC.T) is expected to report for 2Q.

SLB Ltd (SLB) is expected to report $0.51 for 2Q.

Sensient Technologies Corp (SXT) is expected to report $1.03 for 2Q.

Southside Bancshares Inc (SBSI) is expected to report $0.86 for 2Q.

Starcore International Mines Ltd (SAM.T) is expected to report for 4Q.

Tenet Healthcare Corp (THC) is expected to report $5.30 for 2Q.

Tompkins Financial Corp (TMP) is expected to report $1.82 for 2Q.

Verizon Communications Inc (VZ) is expected to report $1.24 for 2Q.

WVS Financial Corp (WVFC) is expected to report for 4Q.

World Acceptance Corp (WRLD) is expected to report $0.58 for 1Q.

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ANALYST RATINGS ACTIONS

Devolver Digital Cut to Add From Buy by Peel Hunt

James Hardie Downgraded to Neutral from Overweight by Jarden

James Hardie Upgraded to Hold from Trim by Morgans

agilon health Cut to Sell From Neutral by Citigroup

Albertsons Cut to Equal-Weight From Overweight by Wells Fargo

Ameren Raised to Overweight From Sector Weight by Keybanc

AT&T Raised to Outperform From Peer Perform by Wolfe Research

BioLife Solutions Cut to Hold From Buy by Jefferies

BioLife Solutions Cut to Hold From Buy by TD Cowen

BioLife Solutions Cut to Neutral From Buy by HC Wainwright & Co.

CMS Energy Cut to Sector Weight From Overweight by Keybanc

Domo Cut to Equal-Weight From Overweight by Stephens & Co.

Domo Raised to Buy From Hold by Lake Street

Duke Energy Raised to Overweight From Sector Weight by Keybanc

Evolent Health Cut to Neutral From Buy by Citigroup

Northern Trust Cut to Sector Perform From Outperform by RBC Capital

Norwegian Cruise Line Cut to Hold From Buy by Truist Securities

Pegasystems Cut to Hold From Buy by Loop Capital

Pegasystems Cut to Market Perform From Outperform by William Blair

Pegasystems Cut to Sector Weight From Overweight by Keybanc

Penske Auto Cut to Hold From Buy by Benchmark

Penske Auto Cut to Neutral From Buy by Citigroup

Rollins Inc Cut to Sector Perform From Outperform by RBC Capital

Rollins Inc Cut to Underperform From Buy by B of A Securities

RPM International Raised to Buy From Hold by Fermium Research

Southern Co Cut to Underweight From Sector Weight by Keybanc

Utz Brands Cut to Neutral From Overweight by Piper Sandler

Verisk Analytics Raised to Buy From Hold by Jefferies

WesBanco Cut to Market Perform From Outperform by Keefe, Bruyette & Woods

Zions Bancorp Cut to Underperform From In-Line by Evercore ISI Group

This article is a text version of a Wall Street Journal newsletter published earlier today.

(END) Dow Jones Newswires

July 24, 2026 06:18 ET (10:18 GMT)

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