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The National Highway Traffic Safety Administration (NHTSA) announced that Toyota is recalling 43,566 vehicles in the United States because loss of driving power increases the risk of collision.On May 23, it was learned from the National Bureau of Data Science and Technology that the "Data Elements ×" initiative is accelerating the construction and operation of data infrastructure. The National Bureau of Data Science and Technology has conducted two rounds of pilot projects for data infrastructure construction, promoting the application and dynamic optimization of six technical routes, including privacy-preserving computing, blockchain, trusted data space, data fields, data networks, and data elements. Based on this, it has also incorporated cutting-edge technologies such as data weaving, data grids, and ontology. Currently, the two pilot projects cover 15 industries and 43 cities, collaborating with 19,000 ecosystem entities, launching 38,000 data products, and implementing over 270 application scenarios, promoting the release of data value on a larger scale and at a deeper level. Liu Liehong, Director of the National Bureau of Data Science and Technology, stated that this years "Data Elements ×" competition has added a "Data Infrastructure Track," hoping to strengthen the coupling between data infrastructure and application scenarios through "promoting application through competition and combining construction with application," and promoting the dynamic optimization and upgrading of technical routes and the verification of standards.Iranian Defense Ministry spokesman: Unless US President Trump accepts the demands of the Iranian people and respects Irans rights, he will face further setbacks.On May 23, Minister of Commerce Wang Wentao met with Malaysian Minister of Investment, Trade and Industry Johari in Suzhou on May 21. Johari was in China to attend the APEC Trade Ministers Meeting. The two sides exchanged views on deepening China-Malaysia economic and trade relations. Wang Wentao pointed out that China is willing to work with Malaysia to implement the "China-Malaysia Five-Year Plan for Economic and Trade Cooperation (2024-2028)," welcomes Malaysias active participation in the China International Import Expo and other exhibitions and the "Sharing the Big Market, Exporting to China" series of activities, and hopes that Malaysia will create a favorable environment for Chinese enterprises to invest in Malaysia. China is willing to further strengthen coordination and cooperation with Malaysia in regional and multilateral fields. Johari expressed his expectation that both sides will further deepen cooperation in traditional areas such as trade and investment, actively expand cooperation in emerging fields such as advanced manufacturing, and welcome more Chinese enterprises to invest and do business in Malaysia.According to Israels Channel 12: Security agencies are preparing for a possible decision by Trump to take military action against Iran in the coming days.

NASDAQ, S&P 500, Dow Jones Analysis – Stocks Keep Moving Higher As Appetite For Risk Grows

Cory Russell

Jan 30, 2023 15:17

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S&P 500 (SPX500)

S&P 500 is currently trying to settle above the 4080 level. Today, traders focused on the economic data from the U.S. PCE Price Index met expectations, while Consumer Sentiment and Pending Home Sales exceeded analyst forecasts. The economy remains in a decent shape despite recession worries, which is bullish for stocks.


The Fed decision, which will be released on February 1, will be the key event for markets in the near term. At this point, traders are not worried about hawkish Fed. The market expects that Fed will raise the rate by 25 bps at the next meeting and will not be able to push the rate above the 5.00% level in 2023. The encouraging economic reports did not change this consensus, which was bullish for S&P 500.


Today’s move is not broad, and several market segments are moving lower. Energy stocks got hit due to the pullback in oil markets.


American Express is the biggest gainer in the S&P 500 today. The stock is up by 12% after the strong earnings report.


Intel  is among the biggest losers in today’s trading session as the company missed analyst estimates on both earnings and revenue and presented disappointing guidance for the first quarter.

NASDAQ (NAS100)

NASDAQ rallied to new highs as Tesla gained 10% amid reports about high demand for Model Y in the U.S.


The general risk appetite is rising, which is bullish for the tech-heavy NASDAQ. Currently, NASDAQ is trying to settle above the resistance at 12,200. In case this attempt is successful, NASDAQ will move towards the next resistance level at 12,450.

Dow Jones (US30)

Dow Jones is today’s laggard due to the sell-off in Intel and Chevron shares. Chevron is down by 4% today as traders take profits near all-time highs and react to the pullback in oil markets.



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