Events at the Europe's largest nuclear plant in Zaporizhzhia, Ukraine, are getting increased attention as Russia's attack has put the plant at risk of leaking radiation or possibly, experiencing a meltdown. Otherwise, traders will pay attention to weather and the only significant report of the day, USDA's Cattle on Feed report for Aug. 1, due out at 2 p.m. CDT.
Weather
Showers and thunderstorms are in store for the northern Midwest Friday. The rain will expand into more of the Midwest during the weekend with favorable late-season crop moisture. We'll also see periods of rainfall in the southeastern and southwestern U.S. with expansion across the far Southern Plains indicated over the next few days. The Far West and Northwest heat wave continues but with less intensity than earlier this week.