News

Federal Reserve's Collins: A slightly more restrictive federal funds rate will help ensure that inflation continues to fall back to the target level.

Federal Reserve's Collins: As the labor market improves, monetary policy can focus on restoring price stability in a timely manner, especially after five and a half years of high inflation.

Federal Reserve's Collins: Despite increased upside risks to inflation, the overall labor market appears to be slightly robust.

Federal Reserve's Collins: We now see an increased likelihood of a scenario where future inflation is significantly higher than 2%.

Federal Reserve's Collins: Supports last week's rate hike.

The Dow Jones Industrial Average opened 145.14 points, or 0.28%, at 52,193.97 on Tuesday, September 22; the S&P 500 opened 8.46 points, or 0.11%, at 7,773.26; and the Nasdaq Composite opened 60.90 points, or 0.23%, at 27,183.

U.S. stocks opened higher, with the Dow Jones Industrial Average up 0.49%, the S&P 500 up 0.09%, and the Nasdaq Composite up 0.19%. Western Digital (WDC.O) fell 1.5%, SK Hynix (SKHY.O) fell 1.14%, and Amazon (AMZN.O) fell 1.4%.

Spain's IBEX 35 index rose by 1.00% on the day.

The European Central Bank completed a €214.7 billion purchase of corporate bonds.

According to the Wall Street Journal, a task force led by U.S. Vice President Vance plans to cancel approximately 760,000 Obamacare enrollments suspected of fraud.

U.S. Redbook retail sales annual rate for the week ending September 19 was 7.6%, compared to 8.5% previously.

The German Christian Democratic Union (CDU) says parliament will approve fuel subsidies this week.

Mexico has set an import quota of 10,000 live cattle.

Iranian Parliament Deputy Speaker: The Americans should understand that as long as they do not stop their provocations, they will inevitably face high gasoline and oil prices.

Chevron’s refinery in Pasadena, Texas, said maintenance work has been lifted and everything is back to normal.

White House officials say Trump will outline in his UN speech how he will use American power to address Iran, drug cartel violence, and other threats, and reshape the world order to protect American interests.

The Philadelphia Fed's non-manufacturing index for September was 22.0.

U.S. Secretary of State Marco Rubio: One of the reasons we have bases in NATO, and one of the biggest benefits for us, is our ability to project power in emergencies. It's absurd that we're facing an emergency, and several countries are saying we can't use our bases here.

Spanish Foreign Minister: We are pushing for a two-state solution and support Palestine's full membership in the United Nations.

Spanish Foreign Minister: All access routes to the Gaza Strip must be opened, and large quantities of aid supplies must be delivered.