S&P 500, Nasdaq Hit Record Highs as Iran Ceasefire Talks and AI Rally Boost Markets 
South Korea Central Bank Holds Interest Rates Steady Amid Inflation Concerns 
US Imposes Fresh Iran Oil Sanctions Despite Progress on Ceasefire Talks 
Canada and Germany Advance Major LNG Supply Partnership 
Gold Prices Hold Near Record Levels as Inflation Concerns Offset Middle East Ceasefire Hopes 
Oil Prices Jump After New U.S. Strikes on Iran Raise Supply Concerns 
Wall Street Hits New Highs as U.S.-Iran Ceasefire Talks Boost Market Sentiment 
ECB’s Philip Lane Warns Middle East Conflict Could Keep Inflation Elevated 
Gold Prices Slip as Stronger Dollar and Iran Peace Talk Uncertainty Weigh on Market 
U.S. Launches New Strikes on Iran as Trump Signals Peace Deal Uncertainty 
New World Screwworm Found Near U.S. Border Raises Threat to Cattle Industry and Beef Prices 
US Launches New Trade Investigation Into Vietnam Over Intellectual Property Concerns 
Mega IPOs Like SpaceX and OpenAI Could Reshape S&P 500 and Nasdaq 100 Portfolios in 2026 
Iran-U.S. Nuclear Talks Remain Unresolved as Strait of Hormuz Risks Keep Markets on Edge 
Asian Currencies Steady as U.S.-Iran Ceasefire Extension Hopes Weigh on Dollar 
Asian Markets Slide as New U.S. Strikes on Iran Spark Investor Caution 
European Stocks Rise as AI Optimism Offsets U.S.-Iran Tensions 
Asian markets struggled for direction on Wednesday as growing concerns over stretched artificial intelligence valuations weighed on sentiment ahead of Nvidia’s highly anticipated earnings report. The Nasdaq fell 1.2% overnight, marking a second straight day of losses and placing the index more than 6% below its late-October record, as investors reassessed lofty tech valuations.
U.S. stock futures were flat in early Asian trading, while Japan’s Nikkei managed a modest 0.4% rise and South Korea’s Kospi slipped 0.8%. Nvidia, a key driver of the global AI-fueled stock rally, will report results after the U.S. market close. Analysts expect a sharp 56% jump in fiscal Q3 revenue to $54.92 billion, according to LSEG data. With Nvidia’s share price widely viewed as “priced for perfection,” analysts say continued strong GPU demand will be critical to justify its premium.
Broader market caution is also driven by shifting expectations for U.S. monetary policy. Traders now price only a 42% chance of a Federal Reserve rate cut in December, down sharply from near certainty a month earlier. Concerns over fiscal policy—amplified by worries about President Donald Trump’s declining approval ratings and the potential for increased government spending—have kept U.S. Treasury yields elevated. The 10-year yield held steady at 4.11%.
Japan’s bond market also faced pressure as fears over expanding fiscal spending pushed long-end yields higher. Benchmark 10-year Japanese government bond yields hit a 17-year high of 1.765% ahead of a key 20-year auction.
In cryptocurrencies, bitcoin recovered slightly to $92,000 after briefly dipping below $90,000, though it remains down 27% from its October peak. Analysts attribute the drop to equity market weakness, fading rate-cut hopes, and leverage unwinding rather than the start of a prolonged downturn.
Meanwhile, currency markets remained steady, with the yen weakening to 155.45 per dollar—approaching levels that previously prompted intervention warnings. Gold hovered near $4,066 after recent declines, while Brent crude dipped to $64.51 a barrel.
