Asian Stocks Rally as Cooling U.S. Inflation Boosts Fed Rate Cut Hopes 
Asian Stocks Slide as Chip Selloff Deepens Ahead of TSMC Earnings 
ECB's Kocher Says No Inflation Spillover Yet From Iran Conflict, Warns Risks Remain 
US Stock Futures Hold Steady as Soft Inflation Data Eases Fed Rate Hike Fears 
Malaysia Q2 Economy Grows 5.8%, Beating Forecasts on Strong Tech Exports and Domestic Demand 
Brazil Weighs IP Curbs, Patent Suspensions After New U.S. Tariffs 
Gold Prices Head for Biggest Weekly Loss Since June as Fed Rate Outlook Weighs 
UBS Boosts China Tech Bets, Adds Kuaishou and Meituan to Focus List 
Asian Currencies Stay Rangebound as Middle East Tensions, Weak China GDP Weigh on Sentiment 
US Stock Futures Fall as Netflix Outlook, Chip Selloff and Iran Tensions Weigh on Markets 
South Korea Raises Interest Rates to 2.75% as Inflation and Weak Won Drive Tightening 
U.S. Imposes 25% Tariff on Select Brazilian Imports After Section 301 Trade Investigation 
Gold Prices Slip as Oil Rally Fuels Inflation Fears, Strengthens Dollar 
Port of Los Angeles Posts Record June Cargo Volume as Importers Rush Ahead of U.S. Tariffs 
Asian Currencies Hold Steady as Middle East Tensions Offset Weaker US Dollar 
China Home Prices Fall Again in June Despite Slower Pace of Decline 
U.S. stock futures slipped Tuesday evening as investors digested signs of easing trade tensions, soft economic data, and awaited major corporate earnings. S&P 500 futures fell 0.2% to 5,571.75, while Nasdaq 100 futures dropped 0.4% to 19,561.75. Dow Jones futures remained flat at 40,653.00.
Markets ended higher earlier in the day, buoyed by optimism around U.S. trade policy. President Trump signed two executive orders providing tax credits and tariff relief for auto parts, just before new 25% duties were set to take effect. The move followed a Michigan visit and comes amid broader negotiations. Adding to the positive sentiment, Commerce Secretary Howard Lutnick told CNBC the U.S. is nearing a significant trade deal.
The Dow gained 0.8%, while the S&P 500 and Nasdaq both rose 0.6%. Still, market sentiment remained cautious, with volatility persisting as traders awaited more concrete progress on trade talks.
Economic data released Tuesday showed consumer confidence falling to its lowest since May 2020, signaling concerns over the economy. Job openings (JOLTS) also fell to 7.192 million in March, below the prior 7.48 million. Investors are now focused on upcoming key reports, including the Federal Reserve’s preferred inflation gauge—the PCE price index—and Friday’s U.S. jobs report. First-quarter GDP data is also due this week.
On the earnings front, Coca-Cola rose 0.8% despite a revenue decline. Spotify tumbled 3% after issuing weak user guidance, and UPS dipped 0.5% even after beating estimates. Market attention is now on upcoming results from tech giants including Microsoft, Meta (reporting Wednesday), and Apple and Amazon (Thursday).
This week, roughly one-third of S&P 500 companies are scheduled to report earnings, keeping investors on edge.
