Japan's Service-Sector Inflation Rises to 2.9% in December, Boosting Rate Hike Expectations 
Oil Prices Steady Amid Inventory Data, Trade Tariff Concerns 
Trump Eyes High Tariffs to Boost America First Trade Agenda 
Brazil Hikes Interest Rates Again as Inflation Pressures Mount 
Australia's Q4 Inflation Slows Slightly, RBA Rate Outlook Unclear 
Hong Kong Keeps Interest Rates Unchanged, Tracking Fed's Decision 
Fed keeps rates steady as strong job market, inflation cloud rate-cut outlook 
Gold Prices Drop as Dollar Strengthens Amid Fed Meeting Anticipation 
Wall Street Futures Fluctuate as Fed Maintains Rates, Signals Extended Pause 
Tech Stocks Rally in Asia-Pacific as Dollar Remains Resilient 
U.S. and Colombia Avoid Trade War After Migrant Agreement 
Global EV Sales to Surge 17% in 2025 Amid Subsidy Extensions and Emission Targets 
Lead vs. Zinc: Divergent Market Trends Amid Supply Shifts 
Trump and Modi Discuss Trade, Security, and Immigration in Call 
Global Markets Brace for Fed, ECB, and Trump’s Tariff Plans 
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.
