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GFZ (German Center for Geosciences): A 5.95-magnitude earthquake struck Crete, Greece.April 24th - According to Al Jazeera, former US Ambassador to Bahrain Adam Ereli stated, "While the US blockade of Iranian ports and the seizure of ships carrying Iranian oil as a policy makes sense, it may not achieve its intended effect due to domestic political considerations in the US. The Iranians are prepared for this possibility. They have their own plans. They have alternative methods to store or sell their oil, and even if their oil runs out, they have ways to survive under a very harsh blockade and sanctions regime. Frankly, I think Iran will outlast Trumps patience and the patience of the American people. Remember, this war is not just about moving soldiers, ships, and planes on a map. It also involves domestic political factors in the US. Trump is extremely sensitive to political winds. For this reason, I think Trump is currently pursuing this Iran strategy on one hand, and facing an election strategy on the other. The question is, on which issue will he concede first?"JPMorgan Chase lowered its price target for Blackstone Group (BX.N) from $142 to $136.On April 24th, it was reported that in March 2026, the national electricity market transaction volume reached 635.5 billion kWh, a year-on-year increase of 25.9%. From January to March 2026, the cumulative national electricity market transaction volume reached 1,841.6 billion kWh, a year-on-year increase of 25.6%. In terms of transaction scope, intra-provincial transactions amounted to 1,472.6 billion kWh, a year-on-year increase of 29.3%; inter-provincial and inter-regional transactions amounted to 369 billion kWh, a year-on-year increase of 12.6%. In terms of transaction types, medium- and long-term transactions totaled 1,594.9 billion kWh; spot transactions totaled 246.7 billion kWh. Green electricity transactions reached 75.6 billion kWh, a year-on-year increase of 3.1%.On April 24th, the State Council Information Office held a press conference on the "Annual Report on Chinas Work in Combating Infringement and Counterfeiting (2025)". Bai Qingyuan, Deputy Director of the State Administration for Market Regulation, stated that in recent years, facing the new challenges brought about by the rapid development of online transactions, especially live-streaming e-commerce, the State Administration for Market Regulation has continuously strengthened the construction of institutional mechanisms and enhanced the routine supervision of the platform economy. This includes: 1) improving rules and regulations; 2) strengthening regulatory enforcement; and 3) deepening administrative guidance. Going forward, the Administration will continue to strengthen the supervision of online transactions, especially live-streaming e-commerce, and investigate and punish all kinds of illegal and irregular activities in accordance with the law to better protect the legitimate rights and interests of consumers.

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.