Ireland Limits Planned Trade Ban on Israeli Settlements to Goods Only 
Global Markets Slide as Tech Stocks Sink, Yields Rise, and AI Concerns Deepen 
US Signals Openness to New Trade Deal as Brazil Shows Willingness, Says USTR Greer 
Asian Currencies Steady as Fed Delivers Hawkish Rate Cut; Aussie and Rupee Under Pressure 
Hong Kong Cuts Base Rate as HKMA Follows U.S. Federal Reserve Move 
ASX Shares Slide After ASIC Imposes A$150 Million Capital Requirement 
Japan Business Sentiment Hits Four-Year High, Boosting Expectations of BOJ Rate Hike 
Asian Stocks Slip as Oracle Earnings Miss Sparks AI Profitability Concerns 
Oil Prices Edge Higher as U.S. Seizes Sanctioned Venezuelan Tanker 
Oil Prices Rebound in Asia as Venezuela Sanctions Risks Offset Ukraine Peace Hopes 
Modi and Trump Hold Phone Call as India Seeks Relief From U.S. Tariffs Over Russian Oil Trade 
S&P 500 Slides as AI Chip Stocks Tumble, Cooling Tech Rally 
Wall Street Futures Dip as Broadcom Slides, Tech Weighed Down Despite Dovish Fed Signals 
Asian Stocks Rally as Tech Rebounds, China Lags on Nvidia Competition Concerns 
Gold Prices Dip as Markets Absorb Dovish Fed Outlook; Silver Eases After Record High 
Fed’s Dovish Tone Sends Dollar Lower as Markets Price In More Rate Cuts 
Gold Prices Slip Slightly in Asia as Silver Nears Record Highs on Dovish Fed Outlook 
U.S. stock index futures were slightly lower on Monday evening following a mixed session on Wall Street, where optimism around artificial intelligence (AI) and positive corporate developments helped lift major indexes. As of 19:15 ET (00:15 GMT), S&P 500 futures slipped 0.1% to 6,873.20, Nasdaq 100 futures fell 0.2% to 26,048.75, and Dow Jones futures declined 0.1% to 47,412.00.
The S&P 500 gained 0.2% and the Nasdaq Composite climbed 0.5%, driven by strength in megacap tech stocks and renewed confidence in AI innovation. The Dow Jones Industrial Average, however, fell 0.5% as investors took profits after last week’s rally. Market sentiment was fueled by news of a $38 billion partnership between Amazon.com (NASDAQ: AMZN) and OpenAI. Under the deal, Amazon Web Services will provide large-scale cloud infrastructure to power OpenAI’s next-generation AI models—reinforcing expectations of accelerating AI investment through 2025. Amazon shares surged over 4%, while Nvidia (NASDAQ: NVDA) rose 2.2%, benefiting from optimism surrounding AI infrastructure demand.
Meanwhile, U.S. President Donald Trump stated that Nvidia’s cutting-edge “Blackwell” AI chips would be reserved exclusively for U.S. use, a move analysts warned could strain trade relations with China. On the economic front, the ISM manufacturing index reported a contraction for the eighth consecutive month in October, with a reading of 48.7, indicating ongoing weakness in U.S. factory activity.
Amid a prolonged government shutdown—the longest in U.S. history—investors and policymakers remain without key economic data. In earnings news, Palantir Technologies (NASDAQ: PLTR) reported results in line with forecasts but fell 3% in after-hours trading. Investors now turn their focus to upcoming reports from Advanced Micro Devices (NASDAQ: AMD), Uber (NYSE: UBER), and McDonald’s (NYSE: MCD) for further insight into AI trends and consumer resilience.
