News

Fed Hammaker: I see good growth data and solid consumer spending.

Fed Hammaker: The labor market is close to full employment. The current core personal consumption expenditures (PCE) instant forecast shows core inflation at 3.3%.

Fed Hammaker: I approach every Federal Open Market Committee (FOMC) meeting with an open mind and focus on achieving the best outcome for the American people.

Fed Hammaker: Businesses are demanding action on inflation and consumers are despairing of their financial situation.

The preliminary value of the University of Michigan's expectations index for July in the United States was 54, with an expectation of 51.7 and the previous value of 50.7.

The initial value of the University of Michigan's consumer confidence index in July was 54.4, which was expected to be 51 and the previous value was 49.5.

The initial value of the University of Michigan's current situation index in July was 54.9, compared with the expected 48.7 and the previous value of 47.7.

French President Macron: Advance nuclear deterrence goals to deter opponents.

The preliminary value of the University of Michigan Consumer Confidence Index for July and the preliminary value of the one-year inflation rate forecast will be released in ten minutes.

The Philadelphia Semiconductor Index fell by more than 5%, AMD (AMD.O) fell by more than 7%, Intel (INTC.O) fell by more than 6%, and TSMC (TSM.N) fell by more than 5%.

The Dow Jones Index opened down 197.40 points, or 0.38%, at 52355.57 points on July 17 (Friday);The S&P 500 Index opened down 89.2 points on July 17 (Friday) 3 points, or 1.18%, to 7444.54 points;The Nasdaq Composite Index opened on July 17 (Friday), down 621.17 points, or 2.40%, to 25260.77 points.

The Nasdaq's early decline quickly expanded to 2%.

Apple (AAPL.O) surpassed Nvidia (NVDA.O) to become the world's most valuable company.

The U.S. manufacturing capacity utilization rate in June was 75.7%, compared with the previous value of 75.7%.

The monthly rate of U.S. manufacturing output in June was 0%, which was expected to be 0.10%. The previous value was revised from 0.00% to 0.1%.

The U.S. capacity utilization rate in June was 76.1%, which was expected to be 76.20%. The previous value was revised from 76.20% to 76.1%.

The monthly rate of U.S. industrial output in June was 0.1%, expected to be 0.20%, and the previous value was 0.10%.

German-French Joint Statement: France and Germany have reached a joint statement of intent on nuclear fusion energy. France and Germany will advocate for the redirection of EU financial instruments towards critical metals sectors.

German-French joint statement: France and Germany will develop European collaborative operational standards to ensure interoperability between air systems. France and Germany will explore cooperation on sovereign European missile defense capabilities.

German-French joint statement: Germany will participate in France’s nuclear exercises later this year and will add to, rather than replace, NATO’s nuclear deterrent capabilities.