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January 4th - According to data released by the Ministry of Transport on January 4th, the total number of cross-regional passenger trips during the 2026 New Years Day holiday (January 1st to 3rd) reached 595 million, with an average of 198 million trips per day, representing a 19.62% increase compared to the same period in 2025.Starlink: Starlink will provide free broadband service to the Venezuelan people until February 3.Delta Air Lines: Will resume flights to and from 13 previously affected airports in the Caribbean.January 4th - Legal experts question whether the US would face any substantial accountability even if its actions in Venezuela were illegal, citing the lack of enforcement mechanisms under international law. Jeremy Paul, a professor of constitutional law at Northeastern University, stated, "Its difficult to see any legal body able to impose actual penalties on the government."On January 4th, international law experts stated that the Trump administrations claim that the operation was both a targeted law enforcement mission and a prelude to long-term US control over Venezuela confounds legal issues. Jeremy Paul, a professor of constitutional law at Northeastern University, said, "You cant say its a law enforcement operation and then turn around and say we need to govern this country. That simply doesnt make sense." Legal experts believe that drug trafficking and gang violence are considered criminal activities and do not meet the internationally recognized standards for instigating armed conflict, therefore there is no justification for military action. Matthew Waxman, a law professor at Columbia University specializing in national security law, stated, "A criminal prosecution alone is insufficient to authorize the use of military force to overthrow a foreign government, and the government is likely to attribute this to the theory of self-defense."

Increases in Dow Futures and Inflation Concerns

Charlie Brooks

Jul 15, 2022 10:28

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Futures for U.S. equities were trading higher on Thursday evening, as key benchmark averages ended the regular session in a mixed way amid stronger-than-expected producer price data and disappointing profit reports from major banking institutions.


Dow Jones Futures increased 0.2 percent by 7:00 p.m. ET (11:00 p.m. GMT), while S&P 500 Futures and Nasdaq 100 Futures both rose 0.3 percent.


In extended trading, Pinterest Inc (NYSE:PINS) shares surged 15.8 percent following a Wall Street Journal article revealed Elliott Management's 9 percent stake.


Prior to the end of the day, investors will focus on June's retail sales, import and export prices, the June industrial production report, and preliminary July consumer sentiment data. Wells Fargo & Company (NYSE:WFC) and Citigroup Inc (NYSE:C) are expected to deliver their quarterly earnings results in the interim.


During Thursday's usual trading day, the Dow Jones Industrial Average fell 142.6 points, or 0.5 percent, to 30,630.2, the S&P 500 fell 11.4 points, or 0.3 percent, to 3,790.4, and the NASDAQ Composite increased just 3.6 points to 11,112.1.


Morgan Stanley (NYSE:MS) declined 0.4% after reporting Q2 EPS of $1.44 vs $1.57 forecasted and sales of $13.13 billion versus $13.39 forecasted.


JPMorgan Chase & Co (NYSE:JPM) fell 3.5 percent after announcing Q2 earnings per share of $2.76 compared to $2.94 forecasted and revenue of $30.72 billion compared to $31.84 forecasted.


In terms of data, producer prices increased by 11,3 percent year-over-year in June as energy prices jumped, adding to concerns of rapid rate hikes after the CPI result surpassed expectations in the previous session.


On the bond markets, the 10-Year United States interest rate was 2.958%.


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