Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
Oil Prices Slip as U.S.–Iran Talks Ease Supply Disruption Fears 
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals 
Asian Markets Slip as AI Spending Fears Shake Tech, Wall Street Futures Rebound 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure 
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off 
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
Mainland Chinese stocks soared to two-year highs on Tuesday, propelled by strong government stimulus. Upon reopening after a week-long break, mainland markets saw a $600 billion surge in market value within minutes of trading. Semiconductor and construction stocks led the rally, with the CSI300 blue-chip index jumping 10% at the open and closing 6% higher by midday. The Shanghai Composite also hit its highest level since December 2021, up 5%.
In contrast, Hong Kong’s Hang Seng Index dropped 6.8%, as investors took profits following recent gains. Analysts noted that some mainland market performances fell short of expectations, tempering sentiment in Hong Kong.
China's stimulus measures, including aggressive fiscal policies, are driving the current rally. BOC International recommends tech and construction stocks as prime long-term investments, indicating that risks of further economic slowdown have been reduced. However, some analysts warn of a potential correction due to profit-taking.
The semiconductor sector in China saw particularly strong gains, with the CSI all-share semiconductor index up 16%, while construction stocks rose 5.1%. Despite mainland gains, Hong Kong's property developer index fell by 11%, signaling potential technical selling pressures.
Economic officials in Beijing reiterated their confidence in achieving full-year growth targets, announcing plans for significant budget spending to boost growth. Investors remain optimistic, though caution is advised as China’s MSCI EM Index weighting has significantly increased.
