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Ukrainian President Volodymyr Zelenskyy said on Sunday, ahead of a meeting with the U.S. peace envoy in Kyiv, that Ukraine wants an end to the war and needs security guarantees.September 6th - According to the emergency rescue command center for the "8.26" mudslide disaster in Gyirong County, Tibet Autonomous Region, as of 6 p.m. on September 5th, the disaster has resulted in 43 deaths and 519 missing persons.September 6th - Iranian Parliament Speaker Mohammad Ghalibaf stated in an open parliamentary session today (September 6th) that the recent attacks by Iranian armed forces on US bases "are just the beginning," and that the US should recognize that "the rules of the game have changed." Any future actions against Iranian interests and security will be met with a "faster, fiercer, and more painful" response.On September 6th, special commentator Su Xiaohui stated that Russia and Ukraines agreement to halt attacks on each others capitals for three days, ostensibly to technically ensure the safety of the US delegations trip, actually reflects the ongoing intense power struggle between the two sides. Both are trying to shift the pressure from the US onto their adversaries. Overall, with the Middle East deadlock unresolved, the USs current European diplomatic trip aims to demonstrate its continued diplomatic capability to advance major agendas. Ukraines earlier proposal to halt attacks on the Russian capital was essentially passing the buck to Russia, accusing Russia of undermining the negotiation process; Russias swift response, returning the buck, reflects that both Russia and Ukraine value the USs role, wanting to respond to US diplomatic considerations while simultaneously seeking US support for their own positions.On September 6, the foreign ministers of the Kingdom of Saudi Arabia, the Hashemite Kingdom of Jordan, the United Arab Emirates, the Republic of Indonesia, the Islamic Republic of Pakistan, the Republic of Turkey, the State of Qatar, and the Arab Republic of Egypt issued a joint statement strongly condemning the remarks made by Israeli National Security Minister Itamar Ben-Gwell and Israeli Defense Minister Israel Katz regarding the expulsion of the Palestinian people from the Gaza Strip, including proposals for plans and mechanisms aimed at forcibly removing Palestinians from their homes. Such inflammatory rhetoric and proposals blatantly violate principles of international law, including international humanitarian law, and pose a direct threat to the legitimate and inalienable rights of the Palestinian people. The Gaza Strip is an integral part of the occupied Palestinian territory, and the unity of the Palestinian land must be maintained.

Increases in Dow Futures and Inflation Concerns

Charlie Brooks

Jul 15, 2022 10:28

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Futures for U.S. equities were trading higher on Thursday evening, as key benchmark averages ended the regular session in a mixed way amid stronger-than-expected producer price data and disappointing profit reports from major banking institutions.


Dow Jones Futures increased 0.2 percent by 7:00 p.m. ET (11:00 p.m. GMT), while S&P 500 Futures and Nasdaq 100 Futures both rose 0.3 percent.


In extended trading, Pinterest Inc (NYSE:PINS) shares surged 15.8 percent following a Wall Street Journal article revealed Elliott Management's 9 percent stake.


Prior to the end of the day, investors will focus on June's retail sales, import and export prices, the June industrial production report, and preliminary July consumer sentiment data. Wells Fargo & Company (NYSE:WFC) and Citigroup Inc (NYSE:C) are expected to deliver their quarterly earnings results in the interim.


During Thursday's usual trading day, the Dow Jones Industrial Average fell 142.6 points, or 0.5 percent, to 30,630.2, the S&P 500 fell 11.4 points, or 0.3 percent, to 3,790.4, and the NASDAQ Composite increased just 3.6 points to 11,112.1.


Morgan Stanley (NYSE:MS) declined 0.4% after reporting Q2 EPS of $1.44 vs $1.57 forecasted and sales of $13.13 billion versus $13.39 forecasted.


JPMorgan Chase & Co (NYSE:JPM) fell 3.5 percent after announcing Q2 earnings per share of $2.76 compared to $2.94 forecasted and revenue of $30.72 billion compared to $31.84 forecasted.


In terms of data, producer prices increased by 11,3 percent year-over-year in June as energy prices jumped, adding to concerns of rapid rate hikes after the CPI result surpassed expectations in the previous session.


On the bond markets, the 10-Year United States interest rate was 2.958%.


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