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Honda plans to collaborate with Mythic, a Texas-based technology company, to develop a system-on-a-chip for its software-defined vehicle (SDV).February 4th - At 10:00 AM today (February 4th), the State Council Information Office held a press conference to introduce the relevant situation regarding anchoring agricultural and rural modernization and solidly promoting the comprehensive revitalization of rural areas, and answered questions from reporters. The conference introduced that the Central Document No. 1 clearly outlines the major tasks and key work in the "agriculture, rural areas, and farmers" sector this year. The main content can be summarized as "four key tasks and two supporting guarantees." The "four key tasks" are: improving the comprehensive agricultural production capacity and quality efficiency; implementing regular and precise assistance; actively promoting stable income growth for farmers; and promoting the construction of livable, workable, and beautiful villages according to local conditions. The "two supporting guarantees" are: strengthening institutional and mechanism innovation and strengthening the Partys comprehensive leadership over "agriculture, rural areas, and farmers" work.February 4th - At 10:00 AM today (February 4th), the State Council Information Office held a press conference to introduce the relevant situation regarding anchoring agricultural and rural modernization and solidly promoting the comprehensive revitalization of rural areas, and answered questions from reporters. The conference stated that in the past year, farmers living standards have significantly improved. Farmers incomes have continued to grow, with the per capita disposable income of farmers reaching 24,456 yuan in 2025, a real increase of 6% over the previous year. The income gap between urban and rural residents has narrowed from 2.56:1 in 2020 to 2.31:1, and farmers living conditions, including clothing, food, housing, and transportation, have continuously improved.According to Axios, nuclear talks between the United States and Iran are expected to begin in Oman on Friday. The Trump administration has agreed to Irans request to move the talks from Türkiye.February 4th - In 2025, courts across China vigorously promoted the clearing of overdue payments owed by government agencies and public institutions to small and medium-sized enterprises (SMEs), concluding 9,166 cases and recovering 31.142 billion yuan. Courts strictly implemented the judicial interpretation on "back-to-back" clauses (the "Reply on the Validity of Clauses Between Large Enterprises and SMEs Where Payment is Predicated on Third-Party Payment") to prevent large enterprises from abusing their dominant position to "bully" smaller enterprises. Courts nationwide directly applied this judicial interpretation to conclude 709 cases, helping SMEs recover 1.9 billion yuan in overdue payments.

E-mini NASDAQ-100 Index In Position to Challenge Next Main Top at 12973.75

Alice Wang

Jul 22, 2022 15:36



Late in the session on Thursday, September E-mini NASDAQ-100 Index futures are trading higher, putting the index in a position to notch its third consecutive gain and the fifth higher session out of six. As initially fluctuating between gains and losses, the technology-focused index gained momentum after Tesla jumped 9.78 percent after its quarterly reports.


September E-mini NASDAQ-100 Index futures are now trading at 12591.25, up 126.00 or 1.01 percent, at 18:45 GMT. The Invesco QQQ Trust ETF (QQQ) is now trading at $307.43, an increase of $4.40 or 1.45%.


Tesla may have been the session's top gainer, but shares of NetEase Inc., ASML Holding NV, and CSX Corp. all increased significantly during that time, rising 6.16 percent, 5.41 percent, and 4.24 percent, respectively.


The weekly initial unemployment claims reached a new eight-month high in the United States, while a measure of manufacturing activity in the mid-Atlantic area for July fell to its lowest level in just over two years.

Swing Chart Technical Analysis for the Day

The daily swing chart indicates that the overall trend is upward. The uptrend will be confirmed if a transaction is made through the intraday high of 12621.00, with the next major peak objective being 12973.75. The primary trend will switch to down if a transaction is made through 11479.25.


The midpoint is between 14327.50 and 11068.50. Its retracement range, from 12698.00 to 13082.50, is the main region to aim for on the upside.


The immediate range is between 12973.75 and 11068.50. The index is now trading between 12246.00 to 12021.00, which is support, on the high side of its retracement zone.