Wall Street Futures Slip as Tech Stocks Struggle Ahead of Key US Economic Data 
South Korea Extends Bond Market Stabilization Measures Amid Rising Financial Risks 
Japan PMI Data Signals Manufacturing Stabilization as Services Continue to Drive Growth 
ASX Shares Slide After ASIC Imposes A$150 Million Capital Requirement 
Asian Stocks Slide as AI Valuation Fears and BOJ Uncertainty Weigh on Markets 
Japan Business Sentiment Hits Four-Year High, Boosting Expectations of BOJ Rate Hike 
Australian Consumer Sentiment Slumps in Early December as Inflation Fears Resurface 
Asian Currencies Trade Sideways as Dollar Weakens Ahead of Key U.S. Data 
New Zealand Budget Outlook Shows Prolonged Deficits Despite Economic Recovery Hopes 
Dollar Struggles as Markets Eye Key Central Bank Decisions and Global Rate Outlooks 
Asian Stocks Slide as Central Bank Decisions and Key Data Keep Investors Cautious 
Fed Near Neutral Signals Caution Ahead, Shifting Focus to Fixed Income in 2026 
Bank of Japan Poised for Historic Rate Hike as Inflation Pressures Persist 
Asian Technology and Chipmaking Stocks Slide as AI Spending Concerns Shake Markets 
Gold Prices Slip Slightly in Asia as Silver Nears Record Highs on Dovish Fed Outlook 
China’s November Economic Data Signals Slowing Industrial Output and Weak Consumer Demand 
U.S. stock index futures rose sharply Monday evening following a volatile trading session driven by tariff rumors and policy uncertainty. As of 20:02 ET (00:02 GMT), S&P 500 Futures climbed 1.1% to 5,151.50, Nasdaq 100 Futures gained 1.2% to 17,763.0, and Dow Jones Futures advanced 1.3% to 38,650.0.
Markets saw wild swings during regular hours as unconfirmed reports suggested President Donald Trump might consider a 90-day tariff pause for all countries except China. This triggered a temporary rally, reversing early losses. However, the White House swiftly denied the rumor, sending markets back down. Later, Trump threatened an additional 50% tariff on Chinese goods if Beijing fails to withdraw its new 34% tariffs on U.S. products by April 8, 2025, deepening investor concerns.
By the close, the Dow dropped 349 points or 0.9%, the S&P 500 dipped 0.2%, while the Nasdaq edged up 0.1%. Despite overall market pressure, tech stocks rebounded, with Nvidia (NASDAQ:NVDA) jumping 3.5% and Broadcom (NASDAQ:AVGO) rising 5.4%. Amazon (NASDAQ:AMZN) and Meta (NASDAQ:META) also recovered, though Apple (NASDAQ:AAPL) fell 3.7% and Tesla (NASDAQ:TSLA) slid 2.6%.
President Trump reiterated his stance on reciprocal tariffs, downplaying the idea of a policy pause. However, Treasury Secretary Scott Bessent signaled potential openness to global negotiations, as 50 countries reportedly reached out to the U.S. for talks, according to Reuters.
Investor attention remains focused on trade developments and the possibility of tariff relief. Market volatility is likely to persist amid ongoing geopolitical tensions and policy shifts.
