Dollar Hits One-Month High as Hawkish Fed Outlook Boosts Greenback 
Asian Currencies Steady as Dollar Holds Firm Ahead of Fed Decision and US-Iran Deal Details 
Canada Imposes 10% Tariff on Canned Vegetable Imports to Protect Domestic Industry 
US Stock Futures Jump on Reports of Preliminary US-Iran Peace Deal Despite Fed’s Hawkish Outlook 
Australia Eases Capital Gains Tax Reforms to Support Small Businesses and Startups 
Fed Chair Kevin Warsh Signals Policy Overhaul as Hawkish Rate Outlook Rattles Markets 
Oil Prices Steady as U.S.-Iran Truce Uncertainty and Middle East Tensions Keep Markets on Edge 
Gold Prices Slide as Hawkish Fed and Strong Dollar Weigh on Bullion 
US Stock Futures Slip After Wall Street Rally Fueled by US-Iran Deal and Chipmaker Surge 
BOJ Signals More Rate Hikes as Inflation Risks Rise Amid Energy Price Pressures 
Oil Prices Drop as U.S.-Iran Peace Deal Eases Supply Concerns 
German Auto Suppliers Turn Bearish as Investment and Jobs Shift Overseas 
Russia Stocks End Flat as MOEX Index Hits New 52-Week Low; Gold Falls and Oil Mixed 
German Industry Employment Falls to Lowest Level in a Decade 
Trump and Iran Sign Framework Peace Deal in France Amid Ongoing Middle East Tensions 
Asian Stocks Rally as Japan and South Korea Reach Record Highs on US-Iran Peace Deal 
Canada, British Columbia Launch $5 Billion Infrastructure Partnership to Boost Housing, Transit, and Healthcare 
U.S. stock futures slipped slightly on Tuesday evening following broad Wall Street losses, as top bank executives issued warnings about a potential market correction amid growing uncertainty surrounding Federal Reserve policy.
S&P 500 Futures dipped 0.2% to 6,789.0, Nasdaq 100 Futures fell 0.4% to 25,487.0, while Dow Jones Futures managed a modest 0.1% gain to 47,252.0 points. During regular trading, the S&P 500 dropped 1.2%, the NASDAQ Composite plunged over 2%, and the Dow Jones Industrial Average fell 0.5%, marking a day of significant declines driven by mounting investor caution.
The pullback came after Morgan Stanley (NYSE:MS) and Goldman Sachs (NYSE:GS) CEOs raised alarms about overheated valuations and speculative trading, particularly within the technology sector. Morgan Stanley CEO Ted Pick predicted a possible 10%–15% market drawdown, describing it as a necessary correction following months of AI-driven exuberance. Goldman Sachs CEO David Solomon echoed similar sentiments, warning of “bubble-like dynamics” in mega-cap tech stocks that lack solid earnings growth to sustain their valuations.
These comments amplified investor fears that the recent tech-fueled rally—dominated by the “Magnificent Seven” giants—may be nearing a critical point. Concerns about market concentration and overvaluation continue to intensify as several leading tech companies hit record-high market caps.
Adding to market unease, uncertainty over Federal Reserve policy deepened after a prolonged government shutdown delayed key economic data. While some Fed officials hinted at possible rate cuts if inflation cools, others maintained that strong job growth and steady demand warrant continued restrictive measures.
In extended trading, Advanced Micro Devices (NASDAQ:AMD) fell over 3% despite beating profit forecasts after Amazon dissolved its stake. Pinterest (NYSE:PINS) plunged 20% on weak revenue guidance, and Super Micro Computer (NASDAQ:SMCI) dropped 9% amid AI server delivery concerns. Investors now await McDonald’s (NYSE:MCD) earnings report due Wednesday morning.
