Fed Chair Kevin Warsh Signals Policy Overhaul as Hawkish Rate Outlook Rattles Markets 
Oil Prices Drop as U.S.-Iran Peace Deal Eases Supply Concerns 
Yen Near 40-Year Lows Despite BOJ Rate Hike, Markets Brace for Possible Intervention 
BOJ Signals More Rate Hikes as Inflation Risks Rise Amid Energy Price Pressures 
Russian Stocks End Flat as MOEX Index Hits New 52-Week Low 
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 
Italy’s Economy Outpaces Eurozone Peers as Investment Spending Fuels Growth 
Canada, British Columbia Launch $5 Billion Infrastructure Partnership to Boost Housing, Transit, and Healthcare 
Dollar Hits One-Month High as Hawkish Fed Outlook Boosts Greenback 
Trump and Iran Sign Framework Peace Deal in France Amid Ongoing Middle East Tensions 
Gold Prices Rebound on U.S.-Iran Peace Deal Optimism Despite Fed Rate Hike Signals 
Dollar Surges After Fed Holds Rates Steady, Signals Potential Tightening Ahead 
Oil Prices Slide as U.S.-Iran Deal and Hormuz Reopening Ease Supply Concerns 
Asian Stocks Surge as Oil Prices Fall and Strong US Dollar Weighs on Markets 
Japan Signals Readiness to Intervene as USD/JPY Nears 161 Amid Yen Weakness 
China’s AI Manufacturing Boom Masks Weak Consumer Economy, Citi Says 
U.S. stock index futures edged higher Thursday evening after the S&P 500 and Nasdaq closed at record highs, driven by upbeat tech earnings and strong retail sales, signaling continued economic resilience. Hopes for Federal Reserve rate cuts also lifted sentiment, especially following comments from Fed Governor Christopher Waller supporting a 25 basis point cut. However, Waller remains among the few central bankers favoring immediate action.
S&P 500 Futures rose 0.1% to 6,350.25, Nasdaq 100 Futures gained 0.1% to 23,281.50, and Dow Jones Futures added 0.2% to 44,818.0 by 20:17 ET.
Netflix (NASDAQ:NFLX) shares dipped 2% to $1,250.15 in after-hours trading despite strong Q2 results and upgraded annual revenue guidance. Hits like Squid Game Season 2 fueled growth, but investors had anticipated a more aggressive outlook for 2025. Analyst Thomas Monteiro noted markets had priced in a sharper upward revision.
Wall Street closed sharply higher Thursday, brushing aside concerns over upcoming tariffs set to take effect August 1 under President Donald Trump. The Nasdaq rallied on robust earnings from chip giant TSMC (NYSE:TSM), which flagged ongoing AI-driven demand. U.S.-listed TSMC shares surged 3.4%, lifting broader tech and semiconductor sectors.
The S&P 500 rose 0.5% to 6,297.48, the Nasdaq Composite jumped 0.8% to 20,885.65, and the Dow gained 0.5% to 44,485.10.
Investors now brace for a major earnings wave next week. While Friday’s earnings slate includes American Express (NYSE:AXP), 3M (NYSE:MMM), and Charles Schwab (NYSE:SCHW), next week brings reports from Coca-Cola (NYSE:KO), Texas Instruments (NASDAQ:TXN), Alphabet (NASDAQ:GOOGL), and Tesla (NASDAQ:TSLA), setting the tone for Q2 earnings season.
