Following the Fed rate hike and updated rate outlook, the S&P 500 initially rose 0.4% at 14:07 ET; the 10-year U.S. Treasury yield was 4.95%, unchanged from immediately before the Fed decision and slightly below Tuesday's 4.995%. At 14:30 ET, when a Fed speaker began remarks, the S&P was up 0.3%. During the speech the index erased its gains; by 15:01 ET, at the end of the remarks, the S&P had turned down 0.4% and later sank as much as 1%. The 10-year yield, near 4.95% before 14:30 ET, briefly ro

At its 2026 interim results briefing, Shanxi Fenjiu chairman and party secretary Yuan Qingmao laid out a four-part plan to target younger consumers. Product: launch lightweight small bottles (≤100ml) of Fenjiu, Zhuyeqing and Xinghuacun to open youth consumption channels. Scene: upgrade exclusive stores, terminal outlets, restaurants and bars into co-creation venues with young consumers and pilot new consumption scenarios tied to lifestyle changes. IP: roll out monthly consumer co-creation IP campaigns, including an Everyone Loves Fenjiu series. System: pursue system-wide innovation across product, marketing and management centered on co-creation with young consumers to support the youth strategy’s rollout.

日本财务大臣片山皋月：预计日本央行将妥善引导政策，以实现稳定、可持续的2%通胀。