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According to Yonhap News Agency: Samsung Electronics South Korean union announced a strike on Thursday.May 20 - On the morning of May 20, Chinese President Xi Jinping will hold a wide-ranging meeting with Russian President Vladimir Putin, who is on a state visit to China, at the Great Hall of the People in Beijing.May 20 - On the morning of May 20, Chinese President Xi Jinping will hold a small-group meeting with Russian President Vladimir Putin, who is on a state visit to China, at the Great Hall of the People in Beijing.Futures News, May 20th - According to foreign media reports, Japanese rubber futures gave back gains from the previous two trading days on Wednesday as spot prices came under pressure due to the resumption of rubber tapping activities in major natural rubber producing countries such as Thailand and Côte dIvoire. Analysts pointed out that the tight supply of natural rubber is expected to ease as heavy rainfall in Thailand decreases and Côte dIvoire will enter its peak tapping season next week. Typically, rubber crops are in a low-yield season from February to May each year, followed by a peak tapping season that lasts until September.On May 20th, the Ministry of Public Security held a press conference to introduce the main situation of public security organs in combating and preventing economic crimes since last year. Hua Liebing, Director of the Economic Crime Investigation Bureau of the Ministry of Public Security, introduced that since 2025, public security organs have fully implemented the decisions and deployments of the Party Central Committee, closely monitored changes in the situation of tax-related crimes, and, under the normalized joint crackdown mechanism of eight departments on tax-related crimes, have given full play to their functional roles, severely cracking down on tax-related crimes according to law. As of the end of April this year, more than 8,400 cases of crimes endangering tax collection and administration have been investigated and prosecuted, recovering more than 2.3 billion yuan in economic losses.

The Dow Futures Declined After The Best Week Since 1976

Haiden Holmes

Oct 31, 2022 14:37

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U.S. stock futures were trading inside a tight range on Sunday evening after key benchmark averages surged throughout the preceding week, with the Dow scoring its best week in decades as investors continued to monitor a multiplicity of company quarterly releases.


Dow Futures, S&P 500 Futures, and NASDAQ Futures were each down 0.1% at 7:05 p.m. ET (23:05 GMT) on Tuesday.


In the forthcoming week, market participants will concentrate on the Federal Reserve's interest rate decision and policy statement, anticipating another 75 basis point increase. In addition, investors will closely examine Manufacturing and Services PMIs, JOLTs Job Openings, and ADP Nonfarm Employment Change data.


On the earnings front, major corporations like Berkshire Hathaway (NYSE:BRKa), Advanced Micro Devices (NASDAQ:AMD), UBER, PayPal (NASDAQ:PYPL), and ExxonMobil are slated to report data (NYSE:XOM).


During Friday's session, the Dow Jones Industrial Average jumped 828.5 points, or 2.6%, to 32,861.8, while the S&P 500 rose 93.8 points, or 2.5%, to 3,901.1 and the NASDAQ Composite soared 309.8 points, or 2.9%, to 11,862.5. The Dow surged 5.3% for the week, while the S&P500 and NASDAQ also gained 3.7% and 2.2%, respectively.


The yield on 10-year United States Treasuries was 4.016% on the bond markets.