Asian Markets Slip as Precious Metals Cool, Geopolitical Tensions Weigh on Sentiment 
Wall Street Ends Mixed as Tech and Financial Stocks Weigh on Markets Amid Thin Holiday Trading 
U.S. Stocks Slip as Gold Rebounds Ahead of Year-End, Markets Eye 2026 Outlook 
Asian Currencies Trade Flat as Dollar Weakens in Thin New Year Trading 
Oil Prices Stabilize at Start of 2026 as OPEC+ Policy and Geopolitical Risks Shape Market Outlook 
Oil Prices Slip Slightly as Markets Weigh Geopolitical Risks and Supply Glut Concerns 
Japanese Business Leaders Urge Government Action as Weak Yen Strains Economy 
South Korean Won Slides Despite Government Efforts to Stabilize Currency Markets 
South Korea Inflation Rises to 2.3% in December, Matching Market Expectations 
Gold Prices Rebound in Europe as Geopolitical Tensions and Fed Outlook Support Bullion 
Asia Manufacturing PMI Rebounds as Exports and Tech Demand Drive Growth into 2026 
Oil Prices Slide in 2025 as Oversupply and Geopolitical Risks Shape Market Outlook 
Singapore GDP Growth Surges in 2025 but Outlook Remains Cautious Amid Global Trade Risks 
Trump Delays Tariff Increases on Furniture and Cabinets for One More Year 
South Korea Factory Activity Returns to Growth in December on Export Rebound 
China Manufacturing PMI Rebounds in December, Offering Boost to Economic Growth Outlook 
U.S. stocks closed sharply higher on Wednesday after President Donald Trump signaled a major easing of trade tensions with Europe, lifting investor sentiment and pushing major Wall Street indexes firmly into positive territory. The Dow Jones Industrial Average rose 588 points, or 1.2%, while the S&P 500 and Nasdaq Composite each gained 1.2% by the 4:00 p.m. ET close.
Markets reacted positively after Trump said he would not impose new tariffs on European nations following the establishment of a framework for a future deal on Greenland. Speaking from the World Economic Forum in Davos, Switzerland, Trump said the agreement came after a meeting with NATO Secretary General Mark Rutte and would address U.S. strategic interests in Greenland and the broader Arctic region.
According to Trump, the framework includes U.S. involvement in Greenland’s mineral rights and participation in the “Golden Dome,” a layered missile defense system for the United States. The announcement reduced fears of a renewed trade conflict with Europe, prompting a rally in equities and a sharp decline in U.S. Treasury yields.
In corporate news, Netflix shares slid after the streaming giant reported better-than-expected quarterly earnings but issued weaker first-quarter guidance. The company cited declining viewership for non-branded licensed content, signaling softer demand outside its core original programming. The update followed reports that Netflix had improved its $72 billion bid for Warner Bros Discovery’s studios and streaming assets as competition with Paramount Skydance intensifies.
United Airlines stock climbed after the carrier beat profit expectations and delivered a strong outlook, supported by robust demand from corporate and higher-income travelers. Halliburton and Travelers also posted gains after exceeding earnings estimates, while Kraft Heinz shares fell on speculation that Berkshire Hathaway may sell its long-held stake. Johnson & Johnson edged lower despite issuing upbeat 2026 guidance, citing expected costs from a U.S. drug pricing agreement.
Investors are now looking ahead to earnings from Procter & Gamble, GE Aerospace, Intel, Abbott Laboratories, and Intuitive Surgical, which are set to report next, potentially adding further momentum to U.S. stock markets.
