US Stock Futures Hold Steady as Soft Inflation Data Eases Fed Rate Hike Fears 
Asian Stocks Rally as Cooling U.S. Inflation Boosts Fed Rate Cut Hopes 
AI Chip Stocks Face Valuation Pressure as Investors Shift Toward Big Tech and Software 
Nikkei Plunges 5% as AI Stock Selloff Spreads Across Asia 
ECB's Kocher Says No Inflation Spillover Yet From Iran Conflict, Warns Risks Remain 
Brazil Weighs IP Curbs, Patent Suspensions After New U.S. Tariffs 
Gold Prices Slip as Oil Rally Fuels Inflation Fears, Strengthens Dollar 
China Home Prices Fall Again in June Despite Slower Pace of Decline 
Malaysia Q2 Economy Grows 5.8%, Beating Forecasts on Strong Tech Exports and Domestic Demand 
South Korea’s KOSPI Enters Bear Market Despite Remaining 2026’s Best-Performing Major Stock Index 
South Korea Raises Interest Rates to 2.75% as Inflation and Weak Won Drive Tightening 
Oil Prices Climb as Trump Escalates Iran Pressure, Strait of Hormuz Risks Grow 
Asian Stocks Slide as Chip Selloff Deepens Ahead of TSMC Earnings 
US Inflation Expected to Ease in June, but Fed Rate Hike Risks Persist Amid Middle East Tensions 
Asian Currencies Hold Steady as Middle East Tensions Offset Weaker US Dollar 
Asian Stocks Rise as Softer U.S. Inflation Boosts Sentiment Despite Middle East Tensions 
Gold Prices Head for Biggest Weekly Loss Since June as Fed Rate Outlook Weighs 
U.S. stock futures showed little movement on Wednesday evening as Wall Street attempted to recover from four days of sharp losses. Investor sentiment remained fragile amid concerns over trade tariffs and a slowing U.S. economy.
Nvidia (NASDAQ: NVDA) slipped slightly in after-hours trading despite exceeding fourth-quarter earnings expectations. The AI chip leader reported robust demand from major tech firms, forecasting Q1 revenue of $43 billion, above estimates of $42.05 billion. However, concerns over rising production costs due to the Blackwell chip ramp-up weighed on the stock. Initially rising 2%, Nvidia’s gains faded, closing around $131.
Meanwhile, other semiconductor stocks saw marginal gains, with Broadcom (NASDAQ: AVGO) and AMD (NASDAQ: AMD) inching higher. Nvidia's AI-fueled stock surge, up nearly 400% in two years, faced pressure amid growing competition from China’s DeepSeek, raising concerns over the sustainability of massive AI investments.
S&P 500 futures edged up 0.1% to 5,979.0 points, while Nasdaq 100 futures rose 0.2% to 21,231.50 points. Dow Jones futures dipped 0.1% to 43,470.0 points. The S&P 500 closed flat at 5,956.18 points, the Nasdaq Composite gained 0.3%, and the Dow Jones Industrial Average slipped 0.4%.
Investors remain cautious as economic uncertainty looms. Wall Street’s losses deepened after former President Donald Trump threatened additional trade tariffs, while weak consumer sentiment readings signaled economic cooling. All eyes are now on upcoming key economic indicators, including Q4 GDP data on Thursday and the Federal Reserve’s preferred inflation gauge, the PCE price index, on Friday.
