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A White House official said that U.S. and Russian officials discussed the next substantive steps in negotiations on the Russia-Ukraine conflict, and the plan will be released in the coming weeks.According to Axios: Gene Langer, the acting head of sanctions at the U.S. Treasury Department, accompanied Witkov and Kushner on their trip. Langer attended a preparatory meeting with Putins special envoy, Kirill Dmitriev, but did not attend the meeting with Putin. Langers participation indicates that U.S. sanctions against Russia were among the topics discussed.Conflict Status: 1. Russian forces launched a coordinated attack on multiple Ukrainian locations. 2. Zelensky: Russia attacked airports in Kyiv and Borspil before the visit of the US special envoy. 3. A Russian-appointed governor stated that in the past 24 hours, attacks by Ukraine on the Russian-controlled Luhansk region resulted in five deaths and five injuries. 4. Russia claims to have hit a cargo ship carrying military supplies provided to Ukraine by Western countries. 5. Putin ordered no attacks on Kyiv for the next three days. 6. Zelensky: Russia is prepared to abide by the agreement to cease airstrikes on cities involved in negotiations. From now until the end of Saturday, and on Sunday and Monday, Ukraine is prepared to cease airstrikes on Moscow, and we hope Russia will take the same measures on Kyiv. Peace Negotiations: 1. Russian Presidential Aide: Putin met with the US Presidential Envoy for over three hours; Russia reiterated its willingness to continue working with the US to seek a solution through political and diplomatic means. Other Developments: 1. Germany demanded that approximately 70 people from the Russian Consulate General in Bonn leave the country. 2. The Russian Deputy Foreign Minister called on the United States to consider battlefield realities in Russia-Ukraine mediation. 3. The International Atomic Energy Agency: A ceasefire has taken effect to allow for power line repairs and the restoration of external power to the Zaporizhia nuclear power plant.September 6th - As of September 6th, the latest rental price for B200 is $6.42/hour, up 0.31% daily, 5.94% weekly, and 11.65% monthly; the latest rental price for H200 is $4.55/hour, down 1.73% daily, up 2.48% weekly, and down 7.52% monthly; the latest rental price for H100 is $3.06/hour, up 5.88% daily, 6.62% weekly, and 12.50% monthly; the latest rental price for A100 is $1.09/hour, up 2.83% daily, 5.83% weekly, and 4.81% monthly; and the latest rental price for RTX5090 is $0.63/hour, unchanged from the previous day, up 18.87% weekly, and up 28.57% monthly.Market news: Libyan authorities have arrested a group suspected of attacking the countrys critical infrastructure. The group targeted oil storage tanks in Tripoli and Zawiya, as well as a power plant.

Dow Futures Decline Ahead of Fed Rate Hike; Earnings Season Accelerates

Charlie Brooks

Jul 25, 2022 11:20

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Following a strong week for key U.S. indices, U.S. stock futures were neutral on Sunday evening as market participants prepared for the busiest week of corporate earnings. The Federal Reserve's interest rate announcement on Wednesday is expected to contain additional rate increases.


At 7:10pm ET (11:10pm GMT), Dow Jones Futures and S&P 500 Futures were down 0.1 percent, while Nasdaq 100 Futures were up 0.1 percent.


After concluding its two-day policy meeting on Wednesday, it is widely anticipated that the Federal Reserve will announce a 75 basis point rate hike the following week. Apple Inc (NASDAQ:AAPL), Microsoft Corporation (NASDAQ:MSFT), Alphabet Inc (NASDAQ:GOOGL), Amazon.com Inc (NASDAQ:AMZN), Meta Platforms Inc (NASDAQ:META), 3M Company (NYSE:MMM), Boeing Co (NYSE:BA), Forward Industries Inc (NASDAQ:FORD), and Intel Corporation (NASDAQ:INTC) are also slated to report quarterly results.


On the statistics front, the GDP estimate for the second quarter is expected to show growth of 0.4%, reversing the decline of 1.6% in the previous quarter. In addition, CB consumer sentiment, new and pending home sales, durable goods orders, and the Chicago, Dallas, Richmond, and Kansas Fed Manufacturing indexes will be monitored closely.


Key benchmark indices sank on Friday as a result of Snap Inc.'s weaker-than-anticipated earnings (NYSE:SNAP). The Dow Jones Industrial Average lost 137.61 points, or 0.4%, to reach 31,893. The S&P 500 slid 0.9% to 3,961.6, while the NASDAQ Composite dropped 1.87% to 11,834.11. The Dow increased by 2% for the week, while the S&P 500 and Nasdaq rose by 2.6% and 3.3%, respectively.


Following the release of earnings, Snap Inc (NYSE:SNAP) shares plunged 39.1% among equities.


Twitter Inc (NYSE:TWTR) climbed 0.8% despite posting below-consensus earnings, revenue, and user growth.


Verizon Communications Inc (NYSE:VZ) shares slumped 6.7% on earnings that fell short of Wall Street's forecasts.


On the bond markets, United States 10-Year interest rates were 2.752%.