Macau Shuts Down Casinos In Race To Curb COVID Spread

stocks lost ground on Monday as a lack of catalysts left market participants warily embarking on a week back-end loaded with crucial inflation data and the unofficial beginning to second-quarter earnings season.

The first game feels relatively simple compared with its more sophisticated sequels but remains an essential piece of gaming canon everyone should play at least once. This is also the console version where you can play as Tails and Knuckles (who were added in a 2013 remaster on iOS and Android), which lets you explore the levels in whole new ways with their flying, gliding and climbing abilities.

"Even if the outbreak in Macau gets under control, it will likely be another few weeks before Macau-Zhuhai can remove quarantine requirements," said Terry Ng, analyst at Daiwa Capital Markets in Hong Kong.

The market currently expects that the central bank will raise the Fed funds futures rate by 75 basis points in its latest salvo against red-hot inflation, a tactic which some fear could tip an already cooling economy into recession.

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July 11 (Reuters) - U.S. stock index futures fell on Monday, bracing for the start of the earnings season which could see profits come under pressure at a time of growing fears of an economic downturn due to aggressive interest rate hikes.

This game oozes confidence from the opening moments to the epic finale; stunning character animations -- seeing Sonic snowboard at the start of Ice Cap Zone is still awesome -- more levels than any of the others, compelling transitions between stages, loads of memorable bosses and moments of intense speed. Some of the music has been altered for this release due to the late Michael Jackson's oft-reported involvement with the original soundtrack, but it didn't take too much away from the experience for me.

"We´re hoping for a slowdown, which would put the Federal Reserve in a softer stance, but on the other hand, there are lots of reasons to believe inflation could stay high and the Fed will remain aggressive."

Despite the high price, the Genesis Sonic games are some of the best platformers ever made, and Sonic Origins presents them in the most visually stunning compilation yet. If you're looking to revisit classic 2D Sonic games or want to introduce them to a new generation of players who've discovered Sonic through the recent movies, this collection is the slickest, most accessible way to experience them. And it still puts me in a better mood whenever I load it up.

There's plenty of additional replay value in this collection too. Once you complete each game, you can access a mirror mode that lets you go through each level from right to left (which feels a bit wrong initially), a boss rush mode that lets you challenge all the big baddies in succession, and smaller missions that task you with beating a certain number of enemies or getting through a challenging obstacle course. 

After a dismal first half of the year, U.S.
stocks started July on an upbeat note, however, market participants fear that upcoming quarterly results could trigger another selloff, with earnings potentially falling short of estimates.

HONG KONG, July 11 (Reuters) - Macau shut all its casinos for the first time in more than two years on Monday as authorities struggle to contain the worst coronavirus outbreak yet in the world's biggest gambling hub.

Market leading growth stocks pulled all three major U.S.
stock indexes into negative territory, with risk-off sentiment exacerbated by Macau's first casino shutdown in over two years to curb the spread of COVID-19.

The report, which signaled a still strong labor market helped alleviate some fears about an immediate recession, but added to worries about more aggressive monetary policy tightening by the Fed to stamp out soaring inflation.

exchanges was 9.33 billion shares, compared with the 12.92 billion average over the last 20 trading days. (Reporting by Stephen Culp; additional reporting by Amruta Khandekar and Shreyashi Sanyal in Bengaluru Editing by Marguerita Choy)

The government has been hesitant to close casinos due to its mandate to protect jobs.
The industry employs most of the population directly and indirectly and accounts for more than 80% of government revenues.

casino operators Las Vegas Sands, Wynn Resorts and Melco Resorts fell between 4.6% and 5.7% after Macau shut all its casinos for the first time in more than two years in a bid to contain the spread of COVID-19. (Reporting by Amruta Khandekar in Bengaluru; Editing by Shounak Dasgupta)

Later in the week a raft of economic data - including consumer prices, retail sales and factory output - should provide a glimpse of the extent to which inflation has peaked and the economy has cooled down as the Federal Reserve moves closer to next week's policy meeting, which is expected to culminate in the second straight 75 basis point interest rate hike.