Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility 
Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals 
Oil Prices Slip as U.S.–Iran Talks Ease Supply Disruption Fears 
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
Asian Markets Slip as AI Spending Fears Shake Tech, Wall Street Futures Rebound 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions 
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient 
Wall Street futures edged higher on Sunday evening as renewed expectations for a Federal Reserve interest rate cut in December helped lift market sentiment after a period of notable losses. Investors are now looking for signs of stabilization in technology stocks, which have been under pressure in recent weeks.
The upbeat momentum followed a strong Friday rally, fueled by encouraging comments from certain Fed officials who signaled support for easing monetary policy before the year ends. Mixed labor market data also strengthened projections for a rate cut, further boosting demand for equities.
By 18:28 ET (23:28 GMT), S&P 500 futures rose 0.6% to 6,657.0, while Nasdaq 100 futures increased 0.8% to 24,489.75. Dow Jones futures added 0.4% to reach 46,491.0.
Market optimism grew after New York Fed President John Williams voiced support for a December rate cut—an outlook that contrasts with more cautious stances from other Fed members. His remarks helped revive confidence, pushing traders to price in a 67.3% probability of a 25-basis-point cut at the Fed’s December 10–11 meeting, up from 39.8% a week earlier, according to the CME FedWatch Tool.
This week’s long-delayed U.S. economic data—rescheduled due to a government shutdown—will also play a critical role in shaping expectations. Key September reports on producer inflation, retail sales, and industrial production are set for release on Tuesday, followed by third-quarter GDP data on Wednesday. Any signs of cooling growth or labor market softness could strengthen the case for monetary easing. Still, the Fed faces the challenge of limited October data ahead of its December decision.
On Friday, Wall Street rebounded sharply, with the S&P 500 climbing nearly 1% and the Nasdaq Composite gaining 0.9%. Despite the broader uptrend, tech stocks lagged as chipmakers, particularly NVIDIA, continued to face pressure amid concerns about rising inventories and questions over financing practices. Fears of an AI-driven valuation bubble have also driven investors to lock in profits after years of strong sector gains.
Sentiment toward Nvidia improved late in the week following reports that the Trump administration may allow the company to resume Chinese sales of its H200 AI chips—a move that could ease some pressure on the semiconductor giant.
