Global Markets Rise as Tech Stocks Lead, Yen Strengthens, and Commodities Hit Record Highs 
Wall Street Ends Higher as S&P 500, Nasdaq Extend Gains Ahead of Holiday Week 
China Keeps Benchmark Lending Rates Steady as Economic Outlook Remains Cautious 
China’s Power Market Revamp Fuels Global Boom in Energy Storage Batteries 
U.S. Stock Futures Rise Ahead of Holiday-Shortened Week as AI Optimism Lifts Tech 
Japan Plans $189 Billion Bond Issuance as Record Budget Signals Expansionary Fiscal Policy 
Yen Stabilizes Near Lows as Japan Signals Readiness to Intervene Amid Dollar Weakness 
Gold Price Breaks $4,500 as Safe-Haven Demand and Rate Cut Bets Fuel Rally 
Japan Signals Possible Yen Intervention as Currency Weakens Despite BOJ Rate Hike 
German Exports to the U.S. Decline Sharply as Tariffs Reshape Trade in 2025 
IMF Reaches Staff-Level Agreement With Egypt, Opening Path to $3.8 Billion in Funding 
Oil Prices Ease in Asia as Geopolitical Risks Clash With Weak Demand Outlook 
Silver Prices Hit Record High as Geopolitical Tensions Fuel Safe-Haven Demand 
Gold Prices Surge to Record Highs as Geopolitical Tensions Fuel Safe-Haven Demand 
Asian Stocks Rise as Wall Street Tech Rally Lifts Markets, Yen Slumps Despite BOJ Rate Hike 
RBA Signals Possible Interest Rate Hike in 2026 as Inflation Pressures Persist 
Alphabet Surges, Lifting Nasdaq Futures
U.S. stock index futures saw gains in evening trading on Tuesday, fueled by a sharp 5.5% rise in Alphabet Inc. shares after the tech giant reported better-than-expected earnings. Alphabet’s performance is anticipated to set a positive trend for other tech stocks, with Meta, Microsoft, Amazon, and Apple slated to release earnings in the coming days.
Tech Leads Gains as Broader Market Holds Back
S&P 500 Futures rose 0.2% to 5,883 points, with Nasdaq 100 Futures up by the same percentage to 20,737.25 points. Dow Jones Futures inched up 0.1% to 42,487 points. However, non-tech sectors remained cautious amid ongoing concerns about the upcoming 2024 presidential election and key economic reports due later this week.
Alphabet's AI Investments Show Results
Alphabet’s success in Q3 was partly due to its cloud services, which grew at their fastest pace in two years. These services were supported by advances in artificial intelligence and election-related ad revenue, particularly on YouTube. The company’s positive results buoy investor sentiment for tech.
Broader Market Mixed as Investors Eye Key Data and Election
The NASDAQ Composite closed 0.8% higher at a record 18,717.58 points on Tuesday, while the S&P 500 rose slightly, ending at 5,832.92. However, the Dow dipped by 0.4%, reflecting lingering caution. Investors remain watchful ahead of Thursday's Q3 GDP report and Friday’s PCE index and employment data, all of which could influence the Federal Reserve’s expected rate decision next week.
