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The Governor of Voronezh, Russia: A Ukrainian drone attack damaged power lines at a Voronezh railway station and injured one employee.On August 17th, despite the launch of the new GPT-5 model, ChatGPT still has the potential for error. A senior OpenAI executive reiterated this point this week. Nick Turley, head of ChatGPT, noted in an interview, "Theres a big discontinuity between reliable and completely reliable in terms of reliability." He further explained, "Until we can prove that ChatGPT is more reliable than human experts in all areas, not just some, we will continue to recommend that you double-check your answers."On August 17, Russian Permanent Representative to International Organizations in Vienna, Ulyanov, commented on a European public opinion map titled "Who Most Wants to Join the EU?" posted by social media user X. According to the map, Switzerland (7%), Norway (35%), Serbia (35%), Iceland (47%), and the United Kingdom (48%) have the lowest percentages of people who want to join the EU, while Albania (94%), Kosovo (90%), and Ukraine (87%) have the highest percentages of people who want to join the EU. He stated that under the current circumstances, the EU has almost lost its appeal for relatively successful countries. One user commented, "The poorer a country is, the more it wants to join the EU."On August 17, CNN reported that Trump would only begin preparations for a trilateral meeting between the US, Russia, and Ukraine if his meeting with Zelensky on Monday was successful. Sources stated that US Vice President Cyril Vance, who has previously clashed with Zelensky, will attend the August 18 meeting. European officials expect a European leader to join Trump and Zelensky at the White House, but it remains unclear who will be involved. "Trump told European leaders that he would begin preparations for the meeting if Mondays meeting with Zelensky was successful," the source stated.Conflict Situation: 1. Russian air defense systems intercepted and destroyed 29 Ukrainian drones overnight. 2. Ukrainian Air Force: Russia launched 85 attack drones and one ballistic missile into Ukraine overnight. 3. Russian Ministry of Defense: Troops have occupied the village of Voronezh in Ukraines Dnipropetrovsk region. Russia-Ukraine Talks: 1. Ukraine: Zelenskyy will meet with Trump in Washington on Monday. 2. Russia: Putin demanded a Ukrainian withdrawal from Donetsk and offered to freeze the southern front in exchange for territorial concessions; no discussion has been made of a trilateral meeting between Russia, the United States, and Ukraine. 3. US: Trump suggested Zelenskyy reach an agreement; temporarily withdrew his threats against Russia; and expressed his willingness to provide security guarantees to Ukraine, though the details are currently unknown. 4. EU: Russia cannot veto Ukraines EU or NATO membership and will continue to tighten sanctions; European leaders have been invited to attend the "Tezek talks" next Monday. Others: 1. Czech Defense Minister: The Alaska talks confirmed that Putin is not seeking peace, but rather an opportunity to weaken Western unity and spread propaganda. 2. Norwegian Foreign Minister: Pressure on Russia over Ukraine must be maintained and increased. It is too early to determine whether the Trump-Putin meeting achieved any progress.

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.