Progressive Corp (PGR) is up more than +2% after JPMorgan Chase upgraded the stock to overweight from neutral with a price target of $146. Also, positive comments from U.S. Treasury Secretary Yellen boosted equities when she said she sees the U.S. on a “good path” to bringing down inflation without a major weakening in the labor market. Today’s economic news showed the U.S. Jul Empire manufacturing survey of general business conditions index fell -5.5 to 1.1, stronger than expectations of -3.5.