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On August 28th, the National Development and Reform Commission (NDRC) held a press conference. A spokesperson stated that, as of now, the national electricity load during this years peak summer season has reached four record highs, peaking at 1.557 billion kilowatts, an increase of approximately 50 million kilowatts compared to last years record. NDRC spokesperson Li Chao stated that the NDRC will closely monitor and dynamically track changes in the situation, promptly handle any emergencies, and ensure the successful completion of this years energy supply guarantee task for the peak summer season. Simultaneously, based on previous work, the NDRC will conduct in-depth analysis of this years energy supply and demand situation for the heating season, organize and carry out various preparations early, and solidly carry out all work related to energy supply guarantee for the peak winter season, making every effort to ensure that the people stay warm during the winter.According to the Palestinian Sama News Agency, Israeli Prime Minister Netanyahu has authorized the head of Israels National Security Agency, Ronan Bar, to contact Hamas leaders abroad directly without intermediaries.On August 28th, the National Health Commission released the "Statistical Bulletin on the Development of my countrys Health and Wellness Undertakings in 2025." The bulletin shows that the total amount of health resources continued to grow steadily. At the end of 2025, the total number of medical and health institutions nationwide was 1,108,335, an increase of 14,784 from the previous year, including 38,159 hospitals, a decrease of 551 from the previous year. At the end of 2025, there were 13.455 million health technicians, an increase of 435,000 from the previous year (a growth of 3.3%), including 8.1 million hospital health technicians. In 2025, there were 3.78 licensed (assistant) physicians per 1,000 people, 3.25 licensed physicians per 1,000 people, 4.32 registered nurses per 1,000 people, and 4.91 general practitioners per 10,000 people.Melius Research: Raises target price for MRVL.O (MRVL.O) from $325 to $350.Piper Jaffray: Raises its price target for Workday from $145 to $190.

S&P 500 Gains Ground Ahead Of CPI Data

Jimmy Khan

Dec 13, 2022 17:11


At the beginning of the week, stocks rise

As traders got ready for tomorrow's CPI report, the S&P 500 crept closer to the 3960 mark. The tech-heavy NASDAQ Composite was up by 0.35% in the meanwhile.


Energy stock rebounds are the main factor today. WTI oil was able to surpass the $73 mark as markets concentrated on the Keystone pipeline interruption. In today's trading, APA Corporation, EQT Corporation, and Schlumberger are all up 3–4%.


Even while Treasury yields have increased, tech stocks are also increasing. Although Microsoft is up approximately 2% today, the recovery in tech equities is mainly among the companies with smaller market capitalization.


As traders continue to be concerned about declining demand for the company's products, Tesla is among the worst losers today. Currently, Tesla stock is attempting to hit the $166 level, which marks the yearly lows.


The fact that the CPI report is being issued tomorrow before the Fed Interest Rate Decision suggests that it will have a significant effect on the market. Analysts anticipate that November's inflation rate will drop from 7.7% in October to 7.3%. Data on inflation will have a significant impact on the market, and traders should be ready for quick changes.

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