Asian Stocks Surge as Oil Prices Fall and Strong US Dollar Weighs on Markets 
Canada, British Columbia Launch $5 Billion Infrastructure Partnership to Boost Housing, Transit, and Healthcare 
Asian Currencies Stabilize as Dollar Holds Near Two-Month High After Fed Hawkish Signal 
Trump Questions USMCA Renewal as Trade Talks Continue 
Fed Chair Kevin Warsh Signals Policy Overhaul as Hawkish Rate Outlook Rattles Markets 
German Industry Employment Falls to Lowest Level in a Decade 
Trump and Iran Sign Framework Peace Deal in France Amid Ongoing Middle East Tensions 
Gold Prices Slide as Hawkish Fed and Strong Dollar Weigh on Bullion 
Oil Prices Steady as U.S.-Iran Truce Uncertainty and Middle East Tensions Keep Markets on Edge 
US Stock Futures Slip After Wall Street Rally Fueled by US-Iran Deal and Chipmaker Surge 
Canada Imposes 10% Tariff on Canned Vegetable Imports to Protect Domestic Industry 
Oil Prices Drop as U.S.-Iran Peace Deal Eases Supply Concerns 
Japan Inflation Stays Below BOJ Target Despite Rate Hike and Rising Energy Cost Risks 
Asian Currencies Steady as Dollar Holds Firm Ahead of Fed Decision and US-Iran Deal Details 
Dollar Hits One-Month High as Hawkish Fed Outlook Boosts Greenback 
German Auto Suppliers Turn Bearish as Investment and Jobs Shift Overseas 
Dollar Surges After Fed Holds Rates Steady, Signals Potential Tightening Ahead 
U.S. stock futures posted modest gains Thursday evening, rebounding slightly after Wall Street’s sharp decline earlier in the day. By 19:29 ET (00:29 GMT), S&P 500 Futures rose 0.3% to 6,765.0, Nasdaq 100 Futures gained 0.3% to 25,318.75, while Dow Jones Futures slipped 0.2% to 47,129.0 points.
The recovery followed another volatile session driven by intensified selling in artificial intelligence and semiconductor stocks, with growing fears that high valuations in the tech sector may have overshot fundamentals. The NASDAQ Composite tumbled 1.9%, the S&P 500 dropped 1.4%, and the Dow Jones Industrial Average lost 0.8% as investors reacted to warnings from top Wall Street executives at Goldman Sachs and Morgan Stanley about overheated equity markets.
Concerns were further compounded by the ongoing U.S. government shutdown, now stretching into its second month, delaying crucial economic data such as inflation and jobs reports. This lack of data has complicated the Federal Reserve’s decision-making process regarding potential interest rate cuts. Meanwhile, private data from Challenger, Gray & Christmas showed a staggering 183% increase in corporate layoffs in October—the steepest monthly rise in decades—adding to recessionary concerns.
In corporate developments, Tesla Inc. (NASDAQ: TSLA) shareholders approved CEO Elon Musk’s record-breaking $1 trillion compensation package, contingent on achieving ambitious goals like an $8.5 trillion market valuation and mass deployment of robotaxis and humanoid robots. The approval reflects investor confidence despite recent volatility in tech shares.
Elsewhere, Airbnb Inc. (NASDAQ: ABNB) surged 5% in after-hours trading following strong quarterly earnings and upbeat guidance. Affirm Holdings (NASDAQ: AFRM) also jumped over 12% after reporting robust results that exceeded Wall Street forecasts.
The cautious optimism in futures trading suggests investors remain watchful of macroeconomic uncertainty, market valuations, and the broader impact of AI-driven growth.
