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The mayor said Russia launched air strikes on Kiev.According to Russian media: Türkiye is ready to host Russia-Ukraine negotiations.According to Japans Asahi Shimbun: Japanese Prime Minister Shigeru Ishiba aims to push forward tariff agreement negotiations in July.On May 11, industry insiders said that flying cars are at the critical point of industrial explosion, and technology, policies, and market demand have formed a resonance. From demonstration operation to large-scale popularization, it is still necessary to overcome the three tests of technological maturity, regulatory perfection, and user acceptance. In the future, flying cars may reconstruct the three-dimensional urban transportation system and make "air travel" a daily routine.Conflict situation: 1. Russian Defense Ministry: Russian troops continue to strictly abide by the ceasefire system and remain in the previously occupied fronts and positions. 2. Russian Defense Ministry: Ukrainian troops have violated the ceasefire agreement 9,318 times and attempted to break through the Russian border in Kursk and Belgorod regions four times. 3. Peskov: The three-day ceasefire has ended and no ceasefire measures have been seen from the Ukrainian side. Peace talks: 1. Leaders of many European countries arrived in Kiev, Ukraine for a visit. 2. Leaders of four European countries called for a 30-day ceasefire between Russia and Ukraine. 3. Ukrainian Foreign Minister: Ukraine is ready to unconditionally ceasefire for at least 30 days. 4. Putin proposed to resume direct negotiations between Russia and Ukraine in Turkey on the 15th. Other situations: 1. Zelensky: Russia is showing that it is unwilling to end the conflict, and the "coalition of the willing" must increase investment in Ukraines defense to ensure that Russia abides by the rules in the event of a ceasefire. 2. Ukrainian and European leaders: If Russia fails to abide by the ceasefire agreement, large-scale sanctions will be imposed and military aid (to Ukraine) will be increased. If a 30-day ceasefire is achieved, peace talks will begin during this period. 3. French President Macron: The United States will monitor the implementation of the ceasefire agreement in Ukraine. 4. Russian Presidents Press Secretary: Russia is accustomed to sanctions and knows how to minimize the consequences of sanctions. 5. The Kremlin: The statements of European countries have "confrontational characteristics."

S&P 500, Dow Pressured by Weak Economic Data, Hawkish Fed Remarks

Cory Russell

Jan 19, 2023 17:29

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The S&P 500 and the Dow both fell by about 2% on Wednesday, sending the main U.S. stock index futures down. Wall Street suffered its largest daily loss in more than a month as hawkish remarks from two Fed members and dismal economic data contributed to investor desire for lower-risk assets.


The benchmark S&P 500 Index finished the day on Wednesday at 3928.86, down 62.11 or -1.56%. The blue chip Dow Jones Industrial Average ended the day at 33296.96, down 613.89 or -1.81%, while the tech-heavy NASDAQ Composite dropped 138.10, or 1.24%, to close at 10957.01.


Wednesday's Recap Following the release of data revealing a decline in industrial production last month and the largest drop in retail sales in a year, U.S. equities dipped just before the cash market opened on Wednesday.


The theme of a weakening economy and an impending recession in 2023 was furthered by the drop in both industrial output and retail expenditure. Additionally, it could have dispelled last week's market craze about a "soft-landing" recession.


Investors also had to cope with Microsoft's announcement of 10,000 layoffs and hawkish remarks from Cleveland Fed President Loretta Mester, St. Louis Fed President James Bullard, and Philadelphia Fed President Patrick Harker in addition to the bad economic news.

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