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The China Earthquake Networks Center automatically determined that an earthquake of approximately magnitude 4.0 occurred near Kangding City, Ganzi Prefecture, Sichuan Province (29.91 degrees north latitude, 101.97 degrees east longitude) at 18:52 on June 8. The final result is subject to the official rapid report.Kremlin: Given Kyivs actions, its hard to imagine the possibility of negotiations.Kremlin: (In response to European leaders calls to end the war in Ukraine) Russian President Vladimir Putin has stated that it will be difficult to reach an agreement with Kyiv.The U.S. Geological Survey reports a 5.6-magnitude earthquake 56 kilometers south-southwest of Sarangani in the Philippines.June 8th - The newly revised "Good Clinical Practice for Drug Clinical Trials" was officially released today and will officially take effect on September 1st. This revision introduces the principles of "quality by design," "meeting objectives," and "risk-proportionality" for drug clinical trials, and sets forth the guiding principles for their application in clinical trials. More importantly, the regulatory philosophy has shifted from "correcting problems after they are discovered" to "preventing problems from occurring during the design phase." Related data shows that last year, my country accounted for approximately half of the global total of newly initiated innovative drug clinical trials. my country ranks first globally in the number of clinical trials and leads the world in both quality and efficiency, maintaining a strong momentum of incremental output in the global innovative drug landscape.

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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