Fed Rate Cut Signals Balance Between Inflation and Jobs, Says Mary Daly 
Asian Stocks Slip as Oracle Earnings Miss Sparks AI Profitability Concerns 
Mexico Moves to Increase Tariffs on Asian Imports to Protect Domestic Industries 
Modi and Trump Hold Phone Call as India Seeks Relief From U.S. Tariffs Over Russian Oil Trade 
Hong Kong Cuts Base Rate as HKMA Follows U.S. Federal Reserve Move 
Asian Currencies Steady as Fed Delivers Hawkish Rate Cut; Aussie and Rupee Under Pressure 
ADB Approves $400 Million Loan to Boost Ease of Doing Business in the Philippines 
Asian Currencies Hold Steady as Indian Rupee Slides to Record Low on Fed Outlook 
Asian Stocks Slip Ahead of Fed Decision as China Deflation Concerns Deepen 
S&P 500 Slides as AI Chip Stocks Tumble, Cooling Tech Rally 
Ireland Limits Planned Trade Ban on Israeli Settlements to Goods Only 
BOJ Expected to Deliver December Rate Hike as Economists See Borrowing Costs Rising Through 2025 
Gold Prices Hold Firm as Markets Await Fed Rate Cut; Silver Surges to Record High 
Gold Prices Slip Slightly in Asia as Silver Nears Record Highs on Dovish Fed Outlook 
Wall Street Futures Dip as Broadcom Slides, Tech Weighed Down Despite Dovish Fed Signals 
Australia’s Labour Market Weakens as November Employment Drops Sharply 
U.S. stock futures soared Monday after the White House and Chinese officials reached a trade agreement, easing tensions between the world's two largest economies and fueling optimism across key sectors.
Apple (NASDAQ:AAPL) jumped 6.5% following the deal and a report from The Wall Street Journal indicating the tech giant may raise iPhone prices without directly attributing it to tariffs. Amazon (NASDAQ:AMZN) surged 7.6%, driven by its reliance on Chinese supply chains and the improved trade outlook.
Chinese stocks also gained significantly. Alibaba (NYSE:BABA), JD.com (NASDAQ:JD), and Baidu (NASDAQ:BIDU) all traded sharply higher, reflecting investor confidence in renewed U.S.-China cooperation.
Energy stocks rose alongside oil prices. Chevron (NYSE:CVX) and Exxon Mobil (NYSE:XOM) climbed about 2%, boosted by expectations of increased demand from the world’s top two oil consumers.
On the downside, pharmaceutical stocks slipped after President Donald Trump announced plans to slash prescription drug prices by 59%, though details remain unclear. Pfizer (NYSE:PFE), Eli Lilly (NYSE:LLY), and Johnson & Johnson (NYSE:JNJ) all declined over 2%. Additionally, Novo Nordisk (NYSE:NVO) fell 3% after Eli Lilly’s Zepbound outperformed Wegovy in a weight-loss drug trial.
Alphabet (NASDAQ:GOOGL) gained 2.8% following a DA Davidson analyst note suggesting that breaking up the Google parent company could unlock significant shareholder value.
Polestar (NASDAQ:PSNY) rose 3.7% after the EV maker posted a narrowed quarterly loss, signaling progress in cost-cutting and premium model sales. Monday.Com (NASDAQ:MNDY) rallied 5.9% after surpassing first-quarter earnings estimates and offering upbeat full-year guidance.
Overall, the market welcomed the trade truce, with tech, energy, and select growth stocks leading the rally.
