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According to CBS News: Former U.S. Army Secretary Driscoll has arrived in Kyiv, Ukraine.Market news: The Yemeni armed forces reported that Houthi strongholds in Taiz, Yemen, were hit by three airstrikes.September 13th - According to the Wall Street Journal, recent sales data shows that Tesla (TSLA.O) is once again expanding its market share in the US electric vehicle market as traditional automakers withdraw from the sector. According to Motor Intelligence data, Tesla has regained more than half of the US electric vehicle market, reaching 52% in the first eight months of 2026, up from 43% in the same period last year. However, Tesla has not escaped the overall market downturn. So far this year, its US sales are 325,351 vehicles, a 16% decrease year-over-year. But the overall electric vehicle market has shrunk even more, declining by 30%. Tesla once accounted for more than 80% of US electric vehicle sales, but in recent years, its share has continued to decline as established automakers such as Hyundai, Ford, and GM have launched electric models. In 2025, Teslas share fell to a record low of 41%, when Musks political involvement and cooperation with the Trump administration to cut federal government spending alienated some buyers and led to protests outside stores. Now, the Austin, Texas-based company is recovering lost ground, even though it has downplayed its core automotive business.September 13th - According to the Wall Street Journal, Canadian Prime Minister Mark Carney is pushing for a bold proposal: to make Canada an "associate member" of the European Union, in order to deepen economic and security ties with Europe and reduce dependence on the United States. The EU is open to the idea, while US officials have expressed skepticism. Canada and the United States are embroiled in the worst bilateral trade war in modern history. The Trump administrations threat to make Canada the USs "51st state" has prompted Carney to accelerate Canadas "pivot to Europe." Carney has privately communicated with key European leaders, including those from France, Italy, Germany, and the Nordic countries, to explore ways to allow Canada to integrate more deeply into the EU. According to sources, Carney has instructed his special envoy to Europe to explore the most ambitious possibilities without making Canada a full member of the EU or its common market. Technical working groups are still outlining the details, and Carney has told aides that this would be a repositioning of an economy and society that has been dominated by the United States for half a century.On September 13th, it was reported that the National Healthcare Security Administration established a credit evaluation system for pharmaceutical pricing and procurement in August 2020 to guide pharmaceutical companies to operate with integrity and compliance, and to create a fair and just business environment for the pharmaceutical industry. Analysis of commercial bribery cases in the pharmaceutical procurement and sales sector over the past three years revealed that some medical institutions have lax internal education and management, with their staff accepting commercial bribes from dishonest companies on a frequent, large-scale, and prolonged basis. Following the public exposure of a Shanghai-based science and technology trading companys involvement in stent and balloon bribery at the Second Affiliated Hospital of Hebei Medical University, which allegedly received a 5,000 yuan kickback per stent, the hospital was involved in nine more judicial and criminal judgments in the second half of 2025 alone. Staff members of this hospital accepted commercial bribes 46 times, with the largest single bribe amounting to 16.58 million yuan, lasting for up to 11 years, and totaling 184 million yuan.

The Dow Futures drop following a strong week

Charlie Brooks

Jul 11, 2022 10:59

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After major benchmark indexes completed the week higher, U.S. stock futures dropped during Sunday evening trade as investors anticipated company earnings reports and important inflation data.


By 7:00pm ET (11:00pm GMT), the Dow Jones Futures were down 0.2 percent , the S&P 500 Futures were down 0.3 percent , and the Nasdaq 100 Futures were down 0.4 percent .


Ahead this week, market participants will concentrate on new CPI data, with the inflation rate predicted to hit 8.8 percent, the highest level since December 1981. Investors will examine, among other data releases, retail sales, manufacturing production, Michigan consumer mood, NFIB Small Business Optimism, consumer inflation expectations, producer pricing, export and import prices, and the New York Empire State Manufacturing Index.


PepsiCo Inc (NASDAQ:PEP) and Delta Air Lines Inc (NYSE:DAL) are scheduled to report earnings on Tuesday and Wednesday, respectively, while JPMorgan Chase & Co (NYSE:JPM), Morgan Stanley (NYSE:MS), Wells Fargo & Company (NYSE:WFC), and Citigroup Inc (NYSE:C) are scheduled to report earnings later in the week.


During trading on Friday, the Dow Jones Industrial Average sank 46.4 points, or 0.2 percent, to 31,338.2, the S&P 500 finished 0.3 points, or 0.1 percent, down at 3,894.4, and the NASDAQ Composite climbed for the sixth consecutive day, adding 14 points, or 0.1 percent, to 11,635.3. The Dow rose 1.4 percent for the week, while the S&P 500 climbed 2.7 percent and the NASDAQ gained 6.1 percent .


On the bond markets, 10-Year United States rates jumped to 3.08 percent.