Japan Exports to U.S. Rebound in November as Tariff Impact Eases, Boosting BOJ Rate Hike Expectations 
U.S. Stock Futures Edge Higher as Micron Earnings Boost AI Sentiment Ahead of CPI Data 
Asian Stocks Edge Higher as Tech Recovers, U.S. Economic Uncertainty Caps Gains 
BoE Set to Cut Rates as UK Inflation Slows, but Further Easing Likely Limited 
Trump Orders Blockade of Sanctioned Oil Tankers, Raising Venezuela Tensions and Oil Prices 
Yen Near Lows as Markets Await Bank of Japan Rate Decision, Euro Slips After ECB Signals Caution 
Precious Metals Rally as Silver and Platinum Outperform on Rate Cut Bets 
Asian Stocks Slide as AI Spending Fears and Global Central Bank Decisions Weigh on Markets 
Austan Goolsbee Signals Potential for More Fed Rate Cuts as Inflation Shows Improvement 
Japan Inflation Holds Firm in November as BOJ Nears Key Rate Hike Decision 
EU Delays Mercosur Free Trade Agreement Signing Amid Ukraine War Funding Talks 
BOJ Poised for Historic Rate Hike as Japan Signals Shift Toward Monetary Normalization 
Asian Currencies Slip as Dollar Strengthens; Indian Rupee Rebounds on Intervention Hopes 
Chinese Robotaxi Stocks Rally as Tesla Boosts Autonomous Driving Optimism 
Oil Prices Rebound as Trump Orders Blockade of Sanctioned Venezuelan Tankers 
Asian Fund Managers Turn More Optimistic on Growth but Curb Equity Return Expectations: BofA Survey 
New Zealand Business Confidence Hits 30-Year High as Economic Outlook Improves 
The S&P 500 closed higher Tuesday as tech stocks rebounded, shifting investor focus to the Federal Reserve’s policy decision. The Dow Jones rose 136 points (0.3%), while the S&P 500 gained 0.9%, and the Nasdaq surged 2%.
AI chip leader Nvidia (NASDAQ:NVDA) led the recovery after suffering a record $593 billion loss in market value Monday. Concerns over Chinese AI startup Deepseek disrupting U.S. AI dominance were downplayed, with analysts suggesting that cheaper AI solutions could drive broader adoption. The rally comes as big tech giants, including Microsoft (NASDAQ:MSFT), Meta (NASDAQ:META), Apple (NASDAQ:AAPL), and Tesla (NASDAQ:TSLA), prepare to report earnings this week.
On the earnings front, General Motors (NYSE:GM) fell nearly 9% after posting a fourth-quarter loss due to China-related charges. JetBlue Airways (NASDAQ:JBLU) plunged 26% following weak revenue guidance, while Royal Caribbean (NYSE:RCL) soared 12% on strong Q4 earnings and a positive 2025 outlook. Boeing (NYSE:BA) gained 1.5% after CEO Kelly Ortberg outlined a turnaround strategy despite the company’s largest annual loss since 2020.
Investors now await the Federal Reserve’s decision, with expectations that borrowing costs will remain unchanged. The Fed previously lowered rates, bringing the benchmark rate to 4.25%-4.50%. Key economic data, including the PCE price index and Q4 GDP estimates, are also due this week.
Meanwhile, U.S. housing data showed single-family home prices rose 0.3% in November, slowing from October’s 0.5% gain, reflecting the impact of higher mortgage rates.
Markets remain focused on earnings and macroeconomic signals, with tech stocks driving optimism ahead of the Fed’s announcement.
