U.S. Stock Futures Edge Higher as Tech Rout Deepens on AI Concerns and Earnings 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off 
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns 
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals 
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
Asian Markets Slip as AI Spending Fears Shake Tech, Wall Street Futures Rebound 
Australia’s December Trade Surplus Expands but Falls Short of Expectations 
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals 
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
Oil Prices Slip as U.S.–Iran Talks Ease Supply Disruption Fears 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Alphabet Surges, Lifting Nasdaq Futures
U.S. stock index futures saw gains in evening trading on Tuesday, fueled by a sharp 5.5% rise in Alphabet Inc. shares after the tech giant reported better-than-expected earnings. Alphabet’s performance is anticipated to set a positive trend for other tech stocks, with Meta, Microsoft, Amazon, and Apple slated to release earnings in the coming days.
Tech Leads Gains as Broader Market Holds Back
S&P 500 Futures rose 0.2% to 5,883 points, with Nasdaq 100 Futures up by the same percentage to 20,737.25 points. Dow Jones Futures inched up 0.1% to 42,487 points. However, non-tech sectors remained cautious amid ongoing concerns about the upcoming 2024 presidential election and key economic reports due later this week.
Alphabet's AI Investments Show Results
Alphabet’s success in Q3 was partly due to its cloud services, which grew at their fastest pace in two years. These services were supported by advances in artificial intelligence and election-related ad revenue, particularly on YouTube. The company’s positive results buoy investor sentiment for tech.
Broader Market Mixed as Investors Eye Key Data and Election
The NASDAQ Composite closed 0.8% higher at a record 18,717.58 points on Tuesday, while the S&P 500 rose slightly, ending at 5,832.92. However, the Dow dipped by 0.4%, reflecting lingering caution. Investors remain watchful ahead of Thursday's Q3 GDP report and Friday’s PCE index and employment data, all of which could influence the Federal Reserve’s expected rate decision next week.
