U.S. small business sentiment surged to an 11-month high in July as hiring plans jumped

US small business sentiment rose to an 11-month high in July. The optimism index climbed 2.4 points to 99.8, surpassing its 52-year average.

According to Quartz, planned hiring jumped to its highest level since October 2022.

There was also a report on Southeast Asia's technology funding market, which saw a significant increase in July, with startups raising US$4.779 billion across 17 rounds, according to data from Tracxn, as cited by e27. However, this surge was largely driven by a few large transactions, while the number of disclosed rounds remained modest.

Brief written by urgent.news from Quartz, e27 — 2 reports on this story. Machine-written — it may contain errors, so check the original before relying on it.