EUR/USD 1.11850
-0.001%
Gold 3253.34
0.102%
Oil 63.228
0.051%
USD/JPY 147.540
0.039%
GBP/USD 1.33029
-0.034%
GBP/JPY 196.279
0.046%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
Goldman Sachs said on May 14 that the likely direction of the USD/Asian currency pair is still down after the recent progress in trade negotiations. It said that despite the recent progress in trade negotiations between China and the United States, the main themes of the market have not changed. These themes are: the trend of gradually diversifying investments from US assets should continue; Asian exporters should continue to convert US dollars into local currencies; if the Asian region conducts trade negotiations with the United States, it may be more difficult for its currency to depreciate.South Koreas unemployment rate was 2.7% in April, in line with expectations of 3% and the previous value of 2.90%.U.S. House Speaker Johnson: Republicans may not reach an agreement on the state and local government tax (SALT) bill until tomorrow.German Geoscience Research Center GFZ: A 6.3-magnitude earthquake occurred on the Greek island of Crete.On May 14, the article stated that recently, some consumers found that after purchasing a monthly pass for shared bicycles, they were still charged for overtime within the specified time, and a single payment was turned into a membership card. This kind of platform inducement phenomenon exists in many shared economy consumption scenarios. Inclusiveness is the starting point of the shared economy. The value of the shared economy lies in allowing more people to enjoy services in a convenient and low-cost way, rather than exploiting user interests through information asymmetry. If the platform wants to achieve sustainable development, it must optimize the membership mechanism, ensure transparent rules, reasonable billing, and freedom to cancel subscriptions, so that consumers can truly feel the benefits. Dont forget the original intention of inclusiveness, so that the shared platform can truly play its social value and achieve a win-win situation with consumers.

Dow futures fall as FedEx withdraws instructions

Aria Thomas

Sep 16, 2022 11:00

2.png


Futures for U.S. shares were trading lower on Thursday evening, after key benchmark averages continued down during the regular session due to mounting fears of a global recession and as markets absorbed FedEx Corporation's dismal earnings warning (NYSE:FDX).


At approximately 7:15pm ET (11:15pm GMT), Dow Jones Futures were down 0.5%, while S&P 500 Futures and Nasdaq 100 Futures each down 0.7%.


In extended trading, shares of FedEx Corporation (NYSE:FDX) dropped 15.9% after the company revised its profitability forecast for the year and its CEO anticipated a global recession.


United Parcel Service, Inc. (NYSE:UPS) and Amazon.com, Inc. (NASDAQ:AMZN) shares fell 5.7% and 1.8%, respectively, on the announcement.


Bowlero Corp (NYSE:BOWL) increased 6.3% after reporting Q4 EPS of $0.03 below the average estimate of $0.05 and revenue of $267.72 million compared to the consensus estimate of $195.3.


Ahead in the session, investors will anticipate new consumer sentiment data.


On Thursday, the Dow Jones Industrial Average dropped 173.3 points, or 0.6%, to 30,961.8, its lowest finish since July 14. The S&P 500 fell 44.7 points, or 1.1%, to 3,901.4, and the NASDAQ Composite down 167.3 points, or 1.4%, to 11,552.4.


The 10-Year U.S. bond market interest rate was 3.449%.

Suggestion