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The statement showed that the British government made its first ministerial visit to Syria in 14 years and re-established diplomatic relations with Syria.On July 5, the head of the Kyiv Military and Political Administration Bureau of Ukraine, Tekachenko, said that the large-scale air strike launched by Russia on Kyiv in the early morning of the 4th has so far caused 2 deaths and 31 injuries, and the number of casualties continues to rise.On July 5, European Central Bank board member Makhlouf said that if the euro wants to quickly replace the dollar as the pillar of the global financial system, countries still have a long way to go, because there are still many gaps in financial and economic integration among European countries. Makhlouf said that the dominance of the dollar will weaken in the long run, but Europe currently lacks a single fiscal asset that is as stable as U.S. Treasuries and can compete with it. "Frankly speaking, Europes economic system is not yet fully formed," Makhlouf said, adding that changes in currency exchange rates in recent months are more due to investors concerns about the rule of law in the United States. Makhlouf said: "It would be a bit of an exaggeration to say that this will suddenly push the euro to replace the dollar, because the euro does not currently have such capabilities."ECB board member Makhlouf: Euro is not ready to challenge dollars status as global reserve currency.Russian Embassy: The Russian trade mission to Sweden has come under attack again, with a drone dropping paint on its premises.

Futures on the Dow advance as indices extend their gains for a fourth session

Haiden Holmes

Sep 13, 2022 11:07

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Futures for U.S. equities increased on Monday evening, following four consecutive sessions of benchmark index gains, as investors remained optimistic ahead of Tuesday's consumer price index announcement.


At 11:20pm ET (7:20pm GMT), Dow Jones Futures increased 0.1%, while S&P 500 Futures and Nasdaq 100 Futures each rose 0.2%.


Oracle Corporation (NYSE:ORCL) rose 1.4% among reporting corporations after announcing Q1 EPS of $1.03 versus the consensus estimate of $1.08 and sales of $11.45 billion versus $11.3 billion.


Rent the Runway Inc (NASDAQ:RENT) plummeted 22.9% after reporting second-quarter losses of $0.53 per share, which were less than the consensus forecast of $0.65 per share. $76.5 million in revenue was reported as opposed to the expected $73.57 million.


Planet Labs PBC (NYSE:PL) rose by 8.9% and announced per-share losses of $0.15, which were worse than the consensus forecast of $0.14. Revenue increased to $48.5 million from $42.4 million.


Braze Inc (NASDAQ:BRZE) reported Q2 losses per share of $0.16, which was better than the average expectation of $0.20. The actual revenue was $86.1 million compared to the forecasted amount of $81.16 million.


In anticipation of a 0.1% monthly fall in headline inflation, market participants will closely examine the August CPI report before Tuesday's session.


During Monday's regular trading session, the Dow Jones Industrial Average rose 229.6 points, or 0.7%, to 32,381.3. The S&P 500 rose 1.1% to 4,110.4, while the NASDAQ Composite rose 1.3% to 12,266.4.


On the bond markets, the 10-Year yield for the United States was 3.358%.

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