RBI Cuts Repo Rate to 5.25% as Inflation Cools and Growth Outlook Strengthens 
Spain’s Industrial Output Records Steady Growth in October Amid Revised September Figures 
BOJ Governor Ueda Highlights Uncertainty Over Future Interest Rate Hikes 
Asian Markets Stabilize as Wall Street Rebounds and Rate Concerns Ease 
Gold Prices Steady as Markets Await Key U.S. Data and Expected Fed Rate Cut 
Japan’s Nikkei Drops as Markets Await Key U.S. Inflation Data 
Asian Currencies Steady as Markets Await Fed Rate Decision; Indian Rupee Hits New Record Low 
European Oil & Gas Stocks Face 2026 With Cautious Outlook Amid Valuation Pressure 
Oil Prices Hold Steady as Ukraine Tensions and Fed Cut Expectations Support Market 
Asian Currencies Edge Higher as Markets Look to Fed Rate Cut; Rupee Steadies Near Record Lows 
IMF Deputy Dan Katz Visits China as Key Economic Review Nears 
Dollar Slides to Five-Week Low as Asian Stocks Struggle and Markets Bet on Fed Rate Cut 
Dollar Weakens Ahead of Expected Federal Reserve Rate Cut 
Asian Markets Mixed as Fed Rate Cut Bets Grow and Japan’s Nikkei Leads Gains 
Citi Sets Bullish 2026 Target for STOXX 600 as Fiscal Support and Monetary Easing Boost Outlook 
Europe Confronts Rising Competitive Pressure as China Accelerates Export-Led Growth 
U.S. stock index futures held steady Wednesday evening after the S&P 500 hit a record high, driven by Netflix’s strong earnings and optimism over President Donald Trump’s AI investment initiative. S&P 500 Futures were flat at 6,118.0 points, while Nasdaq 100 Futures dipped 0.1% to 21,970.50. Dow Jones Futures remained steady at 44,354.0 points.
Netflix (NASDAQ:NFLX) shares soared 10% after reporting 19 million new subscriber additions in Q4 2024, smashing expectations. Revenue rose 8% to $9.5 billion, while net income increased 12% to $915 million. The streaming giant announced U.S. and international price hikes, citing higher programming investments.
AI stocks surged as Trump unveiled a $500 billion AI initiative, Stargate, a joint venture with OpenAI, Oracle (NYSE:ORCL), Microsoft (NASDAQ:MSFT), NVIDIA (NASDAQ:NVDA), and SoftBank (TYO:9984). The project aims to build AI data centers and power facilities in Texas, boosting the sector’s growth. Oracle shares rose 7%, Microsoft gained 4.1%, and Nvidia climbed 4.4%.
Arm Holdings (NASDAQ:ARM) surged 16%, while Amazon (NASDAQ:AMZN) rose 2%, pushing the S&P 500 to a record high of 6,100.81 points before closing 0.6% higher at 6,086.28. The NASDAQ Composite rose 1.
