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January 18th - At a summary meeting on the construction of the Jiangmen Neutrino Experiment held today, it was announced that after more than ten years of construction and scientific research, the Jiangmen Neutrino Experiment has successfully completed its construction tasks. As the worlds first new-generation ultra-large-scale, ultra-high-precision neutrino experimental facility to be built and put into operation, the Jiangmen Neutrino Experiment broke two world records for neutrino oscillation parameters just two months after its official operation, achieving data accumulation results that surpass those of similar international experiments over ten to twenty years.On January 18th, Mikhail Miyagkov, Academic Director of the Russian Military History Society, stated that he believes the likelihood of direct US military intervention to control Greenland is low. He added that it concerns the longer-term prospects: if Europe needs the US, then the US needs Europe. For the US, the EU is a market, a sphere of influence, and a talent pool; no Washington administration can bypass it. In the competition for world leadership, the US will inevitably utilize the potential of the Old World. So why would Trump want to destroy and humiliate Europe by completely annexing Greenland?On January 18, the foreign ministers of Iran and Iraq held a joint press conference. Iranian Foreign Minister Araqchi stated that the withdrawal of US troops from the Al-Asad Air Base in Iraqs western Anbar province and the end of the UN Assistance Mission in Iraq (UNAMI) mission are clear signs of Iraqs independence, stability, and the consolidation of its national sovereignty. Araqchi welcomed Iraqs increasingly important and constructive role in regional diplomacy and announced Irans willingness to cooperate with Iraq to address challenges and promote regional dialogue. To this end, both sides agreed to advance diplomatic initiatives aimed at maintaining regional stability and reaching consensus on security challenges, and are actively promoting the formulation of a comprehensive strategic cooperation agreement.Xinhua Life Insurance (01336.HK): The cumulative original insurance premium income for the period from January 1, 2025 to December 31, 2025 is RMB195.899 billion, representing a year-on-year increase of 15%.An Iranian regional official revealed that at least 5,000 people have died in the protests in Iran, including about 500 security personnel. Some of the fiercest clashes occurred in the Kurdish region of northwestern Iran.

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%.