Mexico Moves to Increase Tariffs on Asian Imports to Protect Domestic Industries 
Stocks Slip as Investors Brace for Fed Decision and JPMorgan Warning Weighs on Markets 
Wall Street Futures Slip as Oracle Earnings Miss Reignites AI Spending Concerns 
Australian Dollar Rises as RBA Holds Rates and Signals Persistent Inflation Risks 
Asian Currencies Hold Steady as Traders Await Fed Decision; Aussie Dollar Edges Higher 
Global Forex Markets Brace for Fed Decision as Yen Extends Weakness 
Silver Prices Surge to New Record Above $60 as Supply Concerns and Fed Expectations Boost Demand 
Asian Stocks Slip Ahead of Fed Decision as China Deflation Concerns Deepen 
Asian Stocks Slip as Oracle Earnings Miss Sparks AI Profitability Concerns 
Oil Prices Dip as Markets Watch Ukraine Peace Talks and U.S. Rate Decision 
US Signals Openness to New Trade Deal as Brazil Shows Willingness, Says USTR Greer 
U.S. Open to Special Trade Terms for South Africa Under Possible AGOA Extension 
Asian Markets Slip as Investors Brace for Fed Rate Cut and Global Policy Decisions 
Fed’s Dovish Tone Sends Dollar Lower as Markets Price In More Rate Cuts 
BOJ Expected to Deliver December Rate Hike as Economists See Borrowing Costs Rising Through 2025 
Global Markets Steady as Yen Holds Firm After Japan Earthquake Amid Central Bank Focus 
U.S. stock indexes closed lower Monday but rebounded from earlier steep losses after President Donald Trump delayed new tariffs on Mexico. Trump granted a one-month pause after Mexico agreed to deploy 10,000 National Guard troops to curb illegal drug trafficking, especially fentanyl.
Over the weekend, Trump had announced 25% tariffs on Mexico and Canada and 10% on China, warning of short-term economic pain. Analysts fear prolonged tariffs could further pressure markets and drive inflation. The Dow Jones fell 122.75 points (0.28%) to 44,421.91, while the S&P 500 lost 45.96 points (0.76%) to 5,994.57, and the Nasdaq dropped 235.49 points (1.2%) to 19,391.96. Defensive sectors like healthcare and consumer staples gained, while tech and consumer discretionary stocks lagged.
Automakers, hit hard by tariff concerns, recouped some losses, with Ford slipping 1.9% and GM dropping 3.2%. The Cboe Volatility Index spiked before settling at 18.6. Meanwhile, AI-driven market disruptions persisted, with Nvidia sliding 2.8% as semiconductor stocks dipped 1.8% following concerns over Chinese AI startup DeepSeek’s breakthrough.
The small-cap Russell 2000 index briefly touched a three-week low before closing down 1.3%. Investors sought safety in bonds and gold, pushing spot gold to a record high. Treasury yields edged lower.
Earnings season continued, with Tyson Foods rising 2.2% after an upbeat sales forecast and IDEXX Laboratories surging 11.1% on strong earnings. Economic data showed U.S. manufacturing expanded for the first time in two years.
Declining stocks outnumbered advancers by a 2.18-to-1 ratio on the NYSE and 2.37-to-1 on the Nasdaq. Trading volume reached 16.34 billion shares, above the 20-day average of 15.57 billion.
