Stock futures rise following Dow rally, better-than-expected Netflix earnings

U.S. stock futures traded higher on Wednesday morning after a sharp rally for the three major indexes during Tuesday's regular trading session.Dow Jones Industrial Average futures rose 165 points, or 0.52%. S&P 500 and Nasdaq 100 futures climbed 0.58% and 0.61%, respectively. Netflix surged more than 7% in after-hours trading after saying it lost only 970,000 subscribers in the second quarter, less than the 2 million it had previously projected.Traders betting that markets found a bottom and will be pushed forward by…

Yellen says the U.S. and its allies should use ‘friend-shoring’ to give supply chains a boost

U.S. Treasury Secretary Janet Yellen (pictured here at a news conference, ahead of the G-20 meeting in Bali on July 14), said supply chain resilience is a key focus of the Biden-Harris administration.Made Nagi | ReutersU.S. Treasury Secretary Janet Yellen has reiterated the need for the United States and its trusted trading partners to boost supply chain resilience through "friend-shoring," but said this does not mean the U.S. is retreating from the rest of world.In a speech made at South Korean conglomerate LG's Science…

A stronger Singapore dollar may be exactly what the country needs to battle inflation, says Barclays

Singapore's non-oil domestic exports increased by 9% year on year last month, according to official data from Enterprise Singapore released on Monday.Picture Alliance | Picture Alliance | Getty ImagesSingapore's economy is "definitely operating above its potential" as it continues to face labor shortages from the pandemic and strong manufacturing activity, according to Brian Tan, senior regional economist at Barclays.Although a stronger Singapore dollar is likely to weigh on export momentum, Tan said it could be…

Facial Twitching and Multiple Sclerosis

Symptoms of MS Facial TwitchingIt may start as something we’re all familiar with: tiny spasms around your eyelid. “When you’re tired or stressed and you get fluttering under your eye or eyelid and it’s really annoying,” says Sharon Stoll, DO, a neurologist and MS specialist with Yale Medicine. And for most people, that’s as far as it goes.But when this twitching is from multiple sclerosis (MS), this facial twitching may spread. It might go down your cheek to your mouth or jawline. And it happens more often. “It’s…

China holdings of U.S. debt fall below $1 trillion for the first time since 2010

The U.S. Treasury building in Washington, D.C.Bloomberg | Bloomberg | Getty ImagesChina's holdings of U.S. debt have fallen below $1 trillion for the first time in 12 years amid rising interest rates that have made Treasurys potentially less attractive.Continuing a trend that began early in 2021, China's portfolio of U.S. government debt in May dropped to $980.8 billion, according to Treasury Department data released Monday. That's a decline of nearly $23 billion from April and down nearly $100 billion, or 9%, from the…

AC Milan player Tiemoue Bakayoko stopped by Italian police in ‘misunderstanding’

A video of the July 3 incident has been widely circulated on social media. It shows the 27-year-old French national being searched by an officer next to a police vehicle, while another officer points a gun at another car.AC Milan confirmed to CNN that it is Bakayoko in the video but will not officially comment on the matter.In a statement to CNN, the Milan Police press office said: "With reference to the video released today, related to a police check carried out against the Milan player Tiémoué Bakayoko, we underline…

Ileana D’Cruz, In Maldives For Katrina Kaif’s Birthday, Is Reportedly Dating Actress’ Brother

<!-- -->Ileana D'Cruz shared this image. (courtesy: ileana_official)New Delhi: Actress Ileana D'Cruz, who is currently in the Maldives for Katrina Kaif's birthday festivities, is reportedly dating the Zero actress' brother and model Sebastian Laurent Michel. (Katrina Kaif celebrated her 39th birthday on Saturday) . Speaking of rumours of Ileana and Sebastian's romance, a recent ETimes report stated, "Sebastian and Ileana are said to be in a relationship for about six months now. Sources have it that the couple…

Stock futures inch higher ahead of a busy week of earnings

U.S. stock index futures were modestly higher early on Monday morning as Wall Street looks ahead to a busy week of earnings.Futures contracts tied to the Dow Jones Industrial Average added 0.27%. S&P 500 futures were up 0.43%, while Nasdaq 100 futures advanced 0.8%.The major averages are coming off a losing week, despite a Friday relief rally that saw the Dow jump more than 650 points. The 30-stock benchmark shed 0.16% on the week. The S&P 500 and Nasdaq Composite fell 0.93% and 1.57%, respectively.Friday's relief…

G-20 meeting ends without full consensus; food security and inflation top agenda at Bali meeting

Indonesia's Finance Minister Sri Mulyani Indrawati delivers a speech during the opening of the Group of 20 Finance Ministers and Central Bank Governors Meeting in Nusa Dua, on the Indonesian resort island of Bali, on July 15, 2022.Made Nagi | AFP | Getty ImagesBALI, Indonesia — Finance chiefs at the Group of 20 meeting in Bali "strongly condemned" the war in Ukraine and expressed concern over an "alarming increase of food and energy insecurity."That's according to a statement issued by the G-20 host Indonesia on…