Chipotle's CFO Jack Hartung announced his retirement, effective March 2025. Ford reported a 1% sales increase in Q2, driven by a 5% rise in truck sales, contrasting with GM's 0.6% rise. Federal Reserve Chair Jerome Powell addressed inflation and job market progress before Congress. S&P 500 closed at a record high, while Dow Jones futures fell 3%.

Bulletin brief

Chipotle Mexican Grill’s CFO Hartung to retire next year (Reuters)

Ford sales edge 1% higher in the second quarter, led by trucks (CNBC)

Key takeaways from Fed Chair Powell’s testimony on Capitol Hill (CNN)

Stock futures are little changed after S&P 500 notches another record close (CNBC)