ECB’s Philip Lane Warns Middle East Conflict Could Keep Inflation Elevated 
US Launches New Trade Investigation Into Vietnam Over Intellectual Property Concerns 
Asian Currencies Steady as U.S.-Iran Ceasefire Extension Hopes Weigh on Dollar 
South Korea Central Bank Holds Interest Rates Steady Amid Inflation Concerns 
Tokyo Inflation Cools in May, Supporting BOJ’s Cautious Rate Hike Path 
S&P 500 Hits Record High as Tech Rally Slows Amid Iran Peace Uncertainty 
Iran-U.S. Nuclear Talks Remain Unresolved as Strait of Hormuz Risks Keep Markets on Edge 
S&P 500, Nasdaq Hit Record Highs as Iran Ceasefire Talks and AI Rally Boost Markets 
Gold Prices Hold Near Record Levels as Inflation Concerns Offset Middle East Ceasefire Hopes 
New World Screwworm Found Near U.S. Border Raises Threat to Cattle Industry and Beef Prices 
Wall Street Hits New Highs as U.S.-Iran Ceasefire Talks Boost Market Sentiment 
Dollar Gains Slightly as U.S.-Iran Tensions Keep Forex Markets on Edge 
Dow Hits Record High as Healthcare and Consumer Stocks Lead Wall Street Rally 
Asian Stocks Rally as AI Boom and Iran Ceasefire Progress Lift Market Sentiment 
Gold Prices Slip as Stronger Dollar and Iran Peace Talk Uncertainty Weigh on Market 
Nikkei Hits Record High as AI Chip Stocks Power Japan Market Rally 
Oil Prices Fall as Markets Await U.S.-Iran Peace Deal Decision 
U.S. stock index futures edged lower Tuesday evening after a federal appeals court ruled that President Donald Trump’s tariffs could remain in effect, dampening optimism over a legal challenge to block the duties. The decision adds uncertainty to an already fragile market sentiment, with investors closely watching developments in U.S.-China trade relations.
Futures had briefly turned positive after U.S. and Chinese officials said they had reached a consensus on a trade framework following talks in London. However, the lack of concrete details on key issues like chip export restrictions and rare earth mineral trade kept markets cautious. The framework, tied to a May Geneva deal, now awaits approval from Trump and Chinese President Xi Jinping.
By 20:52 ET (00:52 GMT), S&P 500 Futures fell 0.2% to 6,034.0, Nasdaq 100 Futures declined 0.2% to 21,918.0, and Dow Jones Futures dropped 0.2% to 42,838.0.
The appeals court decision upholding Trump’s "liberation day" tariffs reinforces one of his signature economic policies, despite growing concerns over their long-term economic impact. Recent data shows slowing growth, with both consumers and businesses wary of policy instability and trade tensions.
Meanwhile, Wall Street closed higher on Tuesday, lifted by optimism over improved U.S.-China ties. The S&P 500 climbed 0.6% to 6,038.81, near record highs. The Nasdaq Composite rose 0.6% to 19,714.99, while the Dow Jones gained 0.3% to 42,866.87. Tech stocks, including Nvidia (NASDAQ: NVDA), led gains on expectations that chip restrictions may ease.
All eyes now turn to Wednesday’s Consumer Price Index (CPI) release, with forecasts suggesting a slight rise in inflation. Persistent inflation could pressure the Federal Reserve to maintain higher interest rates, influencing future market direction.
