Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility 
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Asian Markets Slip as AI Spending Fears Shake Tech, Wall Street Futures Rebound 
Oil Prices Slip as U.S.–Iran Talks Ease Supply Disruption Fears 
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals 
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
U.S. Stock Futures Edge Higher as Tech Rout Deepens on AI Concerns and Earnings 
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient 
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure 
Australia’s December Trade Surplus Expands but Falls Short of Expectations 
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination 
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
Wall Street index futures held steady on Tuesday evening after strong gains during the main session, supported by growing expectations that the Federal Reserve will cut interest rates in December. However, caution crept back into markets as investors waited for Wednesday’s PCE inflation data, a key indicator that will influence the Fed’s policy direction.
S&P 500 Futures hovered around 6,781.50 points, while Nasdaq 100 Futures were stable at 25,079.75. Dow Jones Futures also held firm at 47,199. Despite the calm in futures, sentiment remained mixed as tech stocks faced volatility. Reports that Alphabet’s Google plans to develop its own artificial intelligence chips weighed heavily on established chipmakers, particularly Nvidia, raising concerns about increased competition in the AI semiconductor industry.
Alphabet shares climbed to a record high, and Meta advanced nearly 4% following reports the companies were discussing potential use of Google’s AI chips. In contrast, Nvidia slid 2.6% and continued to fall in after-hours trading. AMD also declined, extending a broader retreat in AI and semiconductor-related stocks that have faced valuation concerns throughout November.
During Tuesday’s session, major U.S. indexes closed higher as hopes for a December rate cut grew. The S&P 500 rose 0.9% to 6,765.88, the NASDAQ Composite gained 0.7% to 23,025.59, and the Dow jumped 1.4% to 47,112.14. Softer retail sales and in-line producer inflation data supported expectations of cooling price pressures, bolstering sentiment that the Fed has room to ease in its December 9–10 meeting. According to the CME FedWatch Tool, markets now assign an 80.2% probability of a 25-basis-point cut, up significantly from last week’s 43.4%.
All eyes now turn to September’s PCE price index report. While core PCE is expected to remain above the Fed’s 2% target, some officials signaled that protecting the labor market may outweigh short-term inflation concerns, even without October data ahead of the meeting.
