Canada, British Columbia Launch $5 Billion Infrastructure Partnership to Boost Housing, Transit, and Healthcare 
Asian Stocks Advance as Nikkei Nears Record High Ahead of Fed Decision 
Asian Currencies Stabilize as Dollar Holds Near Two-Month High After Fed Hawkish Signal 
Gold Prices Rebound on U.S.-Iran Peace Deal Optimism Despite Fed Rate Hike Signals 
BOJ Signals More Rate Hikes as Inflation Risks Rise Amid Energy Price Pressures 
Oil Prices Slide as U.S.-Iran Deal and Hormuz Reopening Ease Supply Concerns 
Trump Questions USMCA Renewal as Trade Talks Continue 
Japan Inflation Stays Below BOJ Target Despite Rate Hike and Rising Energy Cost Risks 
US Stock Futures Jump on Reports of Preliminary US-Iran Peace Deal Despite Fed’s Hawkish Outlook 
Dollar Surges After Fed Holds Rates Steady, Signals Potential Tightening Ahead 
ASX Proposes New Share Dilution Limits for Public Takeovers 
Australia Eases Capital Gains Tax Reforms to Support Small Businesses and Startups 
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 
Dollar Hits One-Month High as Hawkish Fed Outlook Boosts Greenback 
Fed Chair Kevin Warsh Signals Policy Overhaul as Hawkish Rate Outlook Rattles Markets 
U.S. stocks closed sharply higher on Wednesday as investors positioned themselves ahead of Nvidia’s highly anticipated quarterly earnings report. The S&P 500 rose 0.8% to 6,947.98, while the Nasdaq Composite gained 1.3% to 23,152.08. The Dow Jones Industrial Average added 0.6%, ending the session at 49,482.27. The rebound extended a recovery in the technology sector after Monday’s sharp sell-off, signaling renewed confidence in AI-driven growth stocks.
Market sentiment improved as fears surrounding artificial intelligence disruption across multiple industries began to ease. Investors welcomed fresh developments in the AI space, including Meta Platforms’ multi-year partnership with Advanced Micro Devices and new strategic collaborations announced by Anthropic. These updates helped stabilize software and data-related stocks that had recently faced pressure.
All eyes are now on Nvidia (NASDAQ: NVDA), whose earnings are expected to serve as a bellwether for the broader AI industry and global chip demand. The company has surpassed revenue expectations for 13 consecutive quarters. Analysts forecast a 62% jump in quarterly profit and a 68% surge in revenue, according to LSEG data. Nvidia shares climbed 1.4% ahead of the results, reflecting cautious optimism across Wall Street. Earnings from Salesforce and Snowflake are also scheduled after the closing bell.
Outside the tech sector, MercadoLibre shares dropped nearly 8% after reporting lower quarterly profits due to increased spending on credit and logistics expansion.
Meanwhile, investors continue monitoring U.S. tariff policy. President Donald Trump reaffirmed his support for temporary 10% global tariffs during his State of the Union address, despite a recent Supreme Court decision challenging prior trade measures.
In commodities markets, oil prices hovered near seven-month highs. Brent crude rose 0.3% to $70.76 per barrel, while West Texas Intermediate slipped 0.2% to $65.47, as traders focused on upcoming U.S.-Iran nuclear negotiations and heightened geopolitical tensions.
