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March 29th - Starting today (March 29th), many European countries have begun observing daylight saving time, meaning that trading hours in European financial markets will be one hour earlier than during winter time. Specifically, starting next Monday, European stock trading hours will be 15:00-23:30 Beijing time. The release times of economic data from various European countries will also be one hour earlier than during winter time. Please take note.On March 29, Fars News Agency and other Iranian media reported that the Iranian Islamic Revolutionary Guard Corps launched missiles and drones to strike two companies in the Middle East that are linked to the US military and aerospace industry.March 29th - According to the "2026 China Toy and Juvenile Products Industry Development White Paper" recently released by the China Toy and Juvenile Products Association, in 2025, the total retail sales of toys (excluding trendy toys) in the domestic market reached 103.53 billion yuan, a year-on-year increase of 5.8%; the total retail sales of trendy and collectible toys reached 67.69 billion yuan, a year-on-year increase of 45.4%.March 29 – Chevron (CVX.N) stated that its Whitstone gas facility in Australia has been damaged by a storm, impacting its restart efforts. Tropical Cyclone Narrele disrupted normal operations at mining and liquefied natural gas facilities along Australias northern and western coasts over the past week. In a statement, Chevron said, "The Whitstone gas facility near Onslow has suffered equipment damage due to severe weather, affecting restart efforts." The company added that it will take "several weeks" for the Whitstone facility to return to full production.On March 29, Iran released satellite images showing the destruction of a US E-3 early warning aircraft. The Iranian Islamic Revolutionary Guard Corps issued a statement on the 29th, claiming that an E-3 early warning aircraft at the Prince Sultan Air Base in Saudi Arabia had been completely destroyed. Other nearby aircraft also suffered severe damage. According to Iranian sources, the Prince Sultan Air Base in Saudi Arabia was recently attacked by Iranian missiles and drones, and one US E-3 early warning aircraft was damaged in the attack.

Dow Futures Unchanged; Apple and Amazon Issue Statements

Skylar Williams

Jul 29, 2022 11:19

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The bulk of U.S. stock futures were higher on Thursday evening, after a strong day for key benchmark indexes, as earnings releases from large technology companies boosted risk appetite.


At 7:10pm ET (11:00pm GMT), Dow Jones Futures remained steady, while S&P 500 Futures and Nasdaq 100 Futures increased 0.4% and 1.1%, respectively.


Apple (NASDAQ:AAPL) rose 3 percent in extended trade after posting Q3 earnings per share of $1.20, above estimates of $1.16, and revenue of $82.96 billion, vs $82.59 billion expected.


Amazon (NASDAQ:AMZN) surged 13.6% after reporting Q2 losses of $0.20 per share, $0.33 worse than the consensus forecast of $0.13. The actual revenue was $121.23 billion, as opposed to the anticipated $119.18 billion.


Intel (NASDAQ:INTC) slumped 8.5% after announcing Q2 EPS of $0.29, well below analyst estimates of $0.70, on revenues of $15.32 billion as opposed to $17.96 billion.


United States Steel Corporation (NYSE:X) rose 3.5% after reporting Q2 profits per share of $3.86, above estimates of $3.50, and revenues of $6.29 billion, exceeding estimates of $5.50 billion.


Roku (NASDAQ:ROKU) lost $0.82 per share in the second quarter, which was worse than the average expectation of $0.68 per share. Actual sales was $764.4 million, which was less than the $804.13 million expected.


DexCom Inc (NASDAQ:DXCM) plummeted 17.8 percent after the company reported Q2 earnings per share of $0.17 instead of $0.19 and revenue of $696.2 million instead of $704.45 million.


Significant inflation data and second-quarter employment expenses will dominate Friday's session, along with earnings announcements from Chevron Corp (NYSE:CVX), Exxon Mobil Corp (NYSE:XOM), and Procter & Gamble Company (NYSE:PG) (NYSE:PG).


During Thursday's usual trading day, the Dow Jones Industrial Average increased 332 points, or 1%, to 32,529.6, the S&P 500 increased 48.8 points, or 1.2 percent, to 4,072.4, and the technology-focused NASDAQ Composite increased 130.2 points, or 1.1 percent, to 12,522.6.


This week, risk appetite increased as the Federal Reserve delivered a 75 basis point rate decrease and remained more dovish than expected on Wednesday, and as Thursday's dismal GDP data increased the chances of a Fed pause in interest rate increases.


The 10-Year United States interest rate was 2.671% in the bond markets.