China’s November Economic Data Signals Slowing Industrial Output and Weak Consumer Demand 
Korea Zinc to Build $7.4 Billion Critical Minerals Refinery in Tennessee With U.S. Government Backing 
U.S. Stock Futures Mixed as Tech and AI Stocks Face Pressure Ahead of CPI Data 
Australian Consumer Sentiment Slumps in Early December as Inflation Fears Resurface 
Global Markets Slide as Tech Stocks Sink, Yields Rise, and AI Concerns Deepen 
Korea Zinc Plans $6.78 Billion U.S. Smelter Investment With Government Partnership 
S&P 500 Slides as AI Chip Stocks Tumble, Cooling Tech Rally 
South Korea Extends Bond Market Stabilization Measures Amid Rising Financial Risks 
Japan Business Sentiment Hits Four-Year High, Boosting Expectations of BOJ Rate Hike 
ASX Shares Slide After ASIC Imposes A$150 Million Capital Requirement 
Russia Stocks End Flat as Energy and Retail Shares Show Mixed Performance 
Japan PMI Data Signals Manufacturing Stabilization as Services Continue to Drive Growth 
Asian Currencies Trade Sideways as Dollar Weakens Ahead of Key U.S. Data 
Oil Prices Rebound as U.S.-Venezuela Tensions Offset Oversupply Concerns 
Oil Prices Slip in Asia as 2026 Supply Glut Fears and Russia-Ukraine Talks Weigh on Markets 
Global equity markets surged on Tuesday, with the S&P 500 and European shares closing at record highs amid strong U.S. earnings, trade tariff concerns, and increased European defense spending. The S&P 500 inched past its previous peak, while the Dow Jones rose 0.02% to 44,556.34, the S&P 500 gained 0.24% to 6,129.58, and the Nasdaq advanced 0.07% to 20,041.26.
European markets also rallied, with the STOXX 600 reaching an all-time high of 557.96, driven by banking and defense stocks. Investors reacted to potential economic stimulus following upcoming German elections and concerns over U.S. trade policies and inflation. Germany’s 10-year bond yield climbed to 2.51%, reflecting expectations of increased government spending.
China’s stock market benefited from optimism surrounding President Xi Jinping’s meeting with domestic business leaders. Meanwhile, European leaders committed to supporting Ukraine amid ongoing U.S.-Russia negotiations.
Inflation concerns remained high, with key U.S. measures exceeding the Fed’s target. Investors anticipate the release of the Fed’s January meeting minutes, following hawkish remarks from Fed Chair Jerome Powell. The U.S. 10-year Treasury yield rose to 4.554%.
The dollar strengthened against major currencies, gaining 0.35% against the yen and 0.28% against the Swiss franc. The dollar index climbed 0.28% to 107.02, while the euro fell to $1.0449.
In commodities, Brent crude oil increased 0.82% to $75.84 per barrel ahead of U.S.-Russia talks in Riyadh, while gold prices surged 1.23% to $2,933.37 an ounce.
Market analysts remain cautious about trade tariffs and persistent inflation, which could delay the Fed’s anticipated rate cuts.
