UK House Prices Fall for First Time Since 2023 
Asian Stocks Rally as AI Optimism Fuels Chipmaker Surge 
China to Inject $45 Billion Into State Financial Institutions 
Japan Foreign Reserves Plunge $79.6 Billion After Record Yen Intervention 
Japan, U.S. Stay Aligned on Yen as Currency Surges 
Uranium Prices Could Top $100 as Nuclear Demand Grows 
China Exports Surge 25% in August as Trade Surplus Hits $119 Billion 
ECB Set for September Rate Hike as Energy Prices Fuel Inflation 
Yen Rebounds as BOJ Rate Hike Bets Rise 
China Expands Influence in Global Gold Market 
European Stocks Flat as Iran Tensions, ECB Rate Hike Loom 
Iran Plans New Gulf Restricted Zone as Hormuz Tensions Push Oil Higher 
South Korea GDP Surges on Chip and AI Boom 
Iran Threatens Gulf Energy Assets as U.S. Tensions Escalate 
Jefferies Names 6 Top India Stock Picks Across Key Sectors 
US Stock Futures Mixed as Fed Rate Hike Bets Rise 
Canada Retaliatory Tariffs on U.S. Goods Take Effect 
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Wall Street futures turned higher late Wednesday after the U.S. House of Representatives passed a bill to end the longest government shutdown in American history. The move followed a volatile trading session that saw investors rotating out of major technology stocks and into cyclical sectors.
S&P 500 futures climbed 0.1% to 6,882.50, Nasdaq 100 futures added 0.2% to 25,684.50, and Dow Jones futures gained 0.2% to 48,449. The shift came after the Dow Jones Industrial Average closed at a record 48,225.07, lifted by gains in industrials and banks, while the Nasdaq Composite slipped 0.3% amid tech sector weakness.
The House approved the government funding bill by a narrow 222–209 vote. The legislation, already passed by the Senate, will provide funding until at least January 30. President Donald Trump is expected to sign it into law at 21:45 ET (02:45 GMT). The passage comes just hours before the shutdown would have entered its 43rd day, offering relief to investors optimistic about the resumption of federal operations.
Cisco Systems (NASDAQ: CSCO) surged 7.6% in after-hours trading after beating fiscal Q1 earnings expectations, driven by stronger demand for AI-related network infrastructure. However, tech sentiment remained fragile. Meta Platforms (NASDAQ: META) dropped nearly 3%, while Amazon (NASDAQ: AMZN) and Tesla (NASDAQ: TSLA) each lost around 2%. Palantir (NASDAQ: PLTR) fell 3.6%, and Alphabet (NASDAQ: GOOGL) declined 1.6%.
Investor caution deepened following SoftBank Group’s $5.8 billion sale of its NVIDIA (NASDAQ: NVDA) stake, which fueled renewed fears of an AI valuation bubble. The Japanese conglomerate’s sale, intended to finance its $40 billion and $540 billion investments in OpenAI and the Stargate project, underscored growing concerns about excessive AI valuations.
As optimism builds around the government reopening, market focus remains on balancing exposure between high-growth tech stocks and value-driven cyclical sectors.
