China Imposes 55% Tariff on Beef Imports Above Quota to Protect Domestic Industry 
Japanese Business Leaders Urge Government Action as Weak Yen Strains Economy 
USDA $12 Billion Farm Aid Program Draws Mixed Reactions from Row Crop Farmers 
Oil Prices Stabilize at Start of 2026 as OPEC+ Policy and Geopolitical Risks Shape Market Outlook 
Asian Markets Slip as Precious Metals Cool, Geopolitical Tensions Weigh on Sentiment 
China Manufacturing PMI Rebounds in December, Offering Boost to Economic Growth Outlook 
Oil Prices Slip Slightly as Markets Weigh Geopolitical Risks and Supply Glut Concerns 
U.S. Dollar Steadies Ahead of Fed Minutes as Markets Eye Policy Divisions 
Singapore GDP Growth Surges in 2025 but Outlook Remains Cautious Amid Global Trade Risks 
South Korea Exports Hit Record High as Global Trade Momentum Builds 
South Korea Inflation Rises to 2.3% in December, Matching Market Expectations 
Citi Forecasts a Volatile but Ongoing Bull Market for S&P 500 in 2026 
Forex Markets Hold Steady as Traders Await Fed Minutes Amid Thin Year-End Volumes 
U.S. Stocks Slip as Gold Rebounds Ahead of Year-End, Markets Eye 2026 Outlook 
Gold Prices Rebound in Europe as Geopolitical Tensions and Fed Outlook Support Bullion 
U.S. Dollar Starts 2026 Weak as Yen, Euro and Sterling Hold Firm Amid Rate Cut Expectations 
Wall Street Ends Mixed as Tech and Financial Stocks Weigh on Markets Amid Thin Holiday Trading 
U.S. stock index futures stabilized on Thursday evening after a strong rebound in technology stocks helped Wall Street snap a two-day losing streak. The recovery was driven largely by blockbuster earnings from Taiwan Semiconductor Manufacturing Company (TSMC), along with upbeat results from major U.S. banks such as Morgan Stanley and Goldman Sachs. However, broader market gains remained capped as investors continued to monitor rising geopolitical tensions involving Iran, which have recently weighed on global risk sentiment.
By 18:35 ET, S&P 500 futures edged up 0.1% to 6,988.50 points, while Nasdaq 100 futures also gained 0.1% to 25,727.0 points. Dow Jones futures traded slightly higher at 49,670.0 points. The modest uptick reflected cautious optimism as investors balanced strong corporate earnings against ongoing macro and geopolitical risks.
Technology and semiconductor stocks led the advance after TSMC, the world’s largest contract chipmaker, reported a record-high profit for the fourth quarter. The company also reinforced confidence in the artificial intelligence-driven demand outlook, positioning itself as a key beneficiary of the global AI infrastructure buildout. TSMC’s U.S.-listed shares jumped 4.4%, lifting sentiment across the chip sector. NVIDIA, a major TSMC customer, climbed 2.2%, while AMD added nearly 2%. TSMC’s CEO highlighted strong customer demand and signaled a sharp increase in capital expenditure planned for 2026 to meet long-term growth needs.
The positive momentum in semiconductors spilled over into broader tech stocks, although gains were tempered by some profit-taking after a strong start to January. Meanwhile, Wall Street also drew support from the banking sector. Goldman Sachs and Morgan Stanley surged 4.6% and 5.8%, respectively, after reporting robust December-quarter earnings, helping offset earlier mixed results from other banks.
The S&P 500 rose nearly 0.3% on Thursday, the Nasdaq Composite gained 0.25%, and the Dow Jones Industrial Average outperformed with a 0.6% rise, led by financial stocks. With the fourth-quarter earnings season accelerating next week and key reports from companies like Netflix, Johnson & Johnson, and Intel ahead, investors remain focused on corporate fundamentals amid a complex global backdrop.
