Australia’s Labour Market Weakens as November Employment Drops Sharply 
U.S. Stock Futures Mixed as Tech and AI Stocks Face Pressure Ahead of CPI Data 
Global Markets Slide as Tech Stocks Sink, Yields Rise, and AI Concerns Deepen 
Asian Currencies Steady as Fed Delivers Hawkish Rate Cut; Aussie and Rupee Under Pressure 
Gold Prices Slip Slightly in Asia as Silver Nears Record Highs on Dovish Fed Outlook 
U.S. Dollar Slides for Third Straight Week as Rate Cut Expectations Boost Euro and Pound 
Asian Technology and Chipmaking Stocks Slide as AI Spending Concerns Shake Markets 
China’s November Economic Data Signals Slowing Industrial Output and Weak Consumer Demand 
Asian Stocks Rally as Tech Rebounds, China Lags on Nvidia Competition Concerns 
Fed Rate Cut Signals Balance Between Inflation and Jobs, Says Mary Daly 
China’s Small Bank Consolidation Struggles as Profits Fall and Risks Persist 
Modi and Trump Hold Phone Call as India Seeks Relief From U.S. Tariffs Over Russian Oil Trade 
South Korea Extends Bond Market Stabilization Measures Amid Rising Financial Risks 
BOJ Expected to Deliver December Rate Hike as Economists See Borrowing Costs Rising Through 2025 
Asian Currencies Hold Steady as Indian Rupee Slides to Record Low on Fed Outlook 
Korea Zinc Plans $6.78 Billion U.S. Smelter Investment With Government Partnership 
U.S. stock index futures fell Sunday evening as investor sentiment weakened ahead of President Donald Trump’s April 2 tariff deadline. Risk aversion grew amid escalating trade tensions and persistent inflation concerns, following a sharp Wall Street selloff on Friday.
S&P 500 futures declined 0.7% to 5,585.75, Nasdaq 100 futures dropped 1.2% to 19,217.50, and Dow Jones futures slipped 0.4% to 41,693.0 by 20:05 ET. The losses followed Friday’s slump, driven by hotter-than-expected inflation data, raising fears of prolonged high interest rates and economic slowdown.
Markets were further unnerved by reports that Trump is planning broader and more aggressive trade tariffs, with April 2 marked as "liberation day." The White House is expected to target multiple sectors—including commodities, semiconductors, and pharmaceuticals—in addition to a 25% tariff on all non-U.S. cars. These tariffs, likely to be absorbed by American importers, could stoke inflation and weigh on U.S. growth.
Adding to the bearish outlook, Goldman Sachs now sees a 35% chance of a U.S. recession within the next year, and projects inflation to stay above the Federal Reserve’s 2% target in 2025.
Friday’s inflation report, showing a hotter PCE price index—the Fed’s preferred gauge—sparked expectations that interest rates may remain elevated. Concerns over the economic impact of tariffs only compounded investor fears.
Technology stocks also dragged markets lower, with NVIDIA and other AI-related firms hit by signs of slowing investment in data centers. The S&P 500 fell nearly 2% to 5,580.94, the Nasdaq Composite lost 2.7% to 17,322.99, and the Dow Jones dropped 1.7% to 41,683.90.
The combination of trade risks, inflation pressures, and tech sector weakness continues to cloud the U.S. market outlook.
