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Canada's chief U.S. trade negotiator: Canada is working very hard to update the U.S.-Mexico-Canada Agreement.
Meta Platforms (META.O): Launches $1 billion data center construction project in Tulsa, USA. The Tulsa data center project includes more than $25 million in local infrastructure improvements; the data center is expected to support more than 1,000 construction jobs at peak times and create approximately 100 operations jobs upon completion.
S&P 500 futures recovered some of their losses, currently down 0.3%, after US President Trump said he would extend the ceasefire agreement between the US and Iran.
The API crude oil inventory data for the week ending April 17 will be released in ten minutes.
Both WTI and Brent crude oil prices briefly fell by $4 before rebounding, and are currently trading at $92.6/barrel and $94.8/barrel respectively.
US President Trump: We have been asked to suspend attacks on Iran. Therefore, the ceasefire will be extended until their proposal is submitted and discussions conclude, regardless of the outcome.
The Central Bank of Uruguay kept its benchmark interest rate unchanged at 5.75%.
The Dow Jones Industrial Average closed down 293.18 points, or 0.59%, at 49,149.38 on Tuesday, April 21; the S&P 500 closed down 45.14 points, or 0.63%, at 7,064.00; and the Nasdaq Composite closed down 144.43 points, or 0.59%, at 24,259.96 on Tuesday, April 21.
U.S. stocks closed lower on Tuesday, with the Dow Jones Industrial Average down 0.59%, the Nasdaq Composite down 0.59%, and the S&P 500 down 0.63%. Most popular tech stocks declined, with Apple falling more than 2%, and Nvidia, Google, and Tesla all falling more than 1%.
Both WTI and Brent crude oil prices rose by 6% following reports that Iran would not attend talks in Pakistan on Wednesday.
The Bill & Melinda Gates Foundation will lay off up to 500 people over the next few years, representing about 20% of its total workforce.
On April 22, according to Iran's Mehr News Agency, on April 21 local time, Mousavi, commander of the Aerospace Force of the Islamic Revolutionary Guard Corps, stated that if the enemy makes another mistake and launches an attack on Iran during the ceasefire, then this time, wherever the Iranian people point, will become a target of Iran's strikes. Mousavi also stated that Iran's southern neighbors should understand that if their territory and facilities are provided to the United States for attacks against the Iranian people, then they must be prepared to completely sever ties with oil production in the Middle East.
Federal Reserve Governor Waller: Fully supports maintaining the status quo for research operations at regional Federal Reserve Banks.
Federal Reserve Governor Waller: Regional banks are responding appropriately to Fed Chairman Powell's call for a 10% reduction in staff.
A senior Iranian official said Iran might participate in talks in Pakistan if the United States abandons its policy of pressure and threats.
A senior Iranian official said: "The United States is creating new obstacles every day instead of solving problems."
Hang Seng Index futures closed down 1.02% at 26,221 points in overnight trading, a discount of 266 points.
Iran's ambassador to the United Nations: Our government "has received some signals" that the United States is prepared to end the blockade.
April 22 – Iraq, which maintains close relations with both Iran and the United States, often finds itself caught between the two. Now, with its two partners embroiled in war, the Baghdad government is facing increasing pressure from the United States. Washington is demanding that Iraq distance itself from Iran and restrain Iraqi militias with Iranian ties, which have been behind recent attacks against U.S. interests in Iraq. Two Iraqi officials revealed on Monday that, in order to force Iraq to choose, the United States has suspended cooperation with and funding to Iraqi security forces. The U.S. State Department declined to comment specifically on the move but said Washington has asked the Iraqi government to crack down on Iranian-backed militias, including some linked to Baghdad government officials. State Department Deputy Spokesperson Pigott said in a statement: "The United States will not tolerate attacks on U.S. interests and expects the Iraqi government to take immediate and all necessary measures to disband the Iranian-backed militias within Iraq."
Federal Reserve Governor Waller: Greater flexibility is needed to capture efficiencies and manage risks, such as cybersecurity, and to integrate artificial intelligence into our system processes.
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Apr 21, 2023 13:58
Apr 20, 2023 13:54