Japanese Yen Rebounds as Trump Flags Currency Weakness 
European Stocks Fall as Bond Yields and Geopolitical Risks Weigh 
U.S. Treasury Yields Surge as 30-Year Hits 22-Year High 
Wall Street Ends Flat as Oil, Treasury Yields and Fed Jitters Rattle Markets 
Trump to Ease U.S. Fuel-Economy Standards 
Gold Holds Near $4,275 as Rising Treasury Yields Fuel Fed Rate Hike Bets 
US Stock Futures Fall as Treasury Yields Surge Ahead of Trump-Xi Summit 
Soybean Futures Slip as Traders Await Trump-Xi Trade Signals 
China Agrees to Buy 20 Million Tons of U.S. Coal 
Dollar Holds Near Two-Month High as Yen Approaches 160 
Fed’s Hammack Says Bond Yield Surge Is Not Driven by Inflation Fears 
US Comfortable With Canada Trade Standoff as Import Bans Loom 
Fed Unveils Stablecoin Rules Under GENIUS Act 
Oil Prices Jump 3% as Houthi Attack Revives Supply Fears 
Gold Prices Fall as Treasury Yields Rise on Fed Rate Hike Bets 
Asian Stocks Fall as Bond Yields Surge Ahead of Trump-Xi Summit 
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U.S. stock index futures held steady Wednesday evening after the S&P 500 hit a record high, driven by Netflix’s strong earnings and optimism over President Donald Trump’s AI investment initiative. S&P 500 Futures were flat at 6,118.0 points, while Nasdaq 100 Futures dipped 0.1% to 21,970.50. Dow Jones Futures remained steady at 44,354.0 points.
Netflix (NASDAQ:NFLX) shares soared 10% after reporting 19 million new subscriber additions in Q4 2024, smashing expectations. Revenue rose 8% to $9.5 billion, while net income increased 12% to $915 million. The streaming giant announced U.S. and international price hikes, citing higher programming investments.
AI stocks surged as Trump unveiled a $500 billion AI initiative, Stargate, a joint venture with OpenAI, Oracle (NYSE:ORCL), Microsoft (NASDAQ:MSFT), NVIDIA (NASDAQ:NVDA), and SoftBank (TYO:9984). The project aims to build AI data centers and power facilities in Texas, boosting the sector’s growth. Oracle shares rose 7%, Microsoft gained 4.1%, and Nvidia climbed 4.4%.
Arm Holdings (NASDAQ:ARM) surged 16%, while Amazon (NASDAQ:AMZN) rose 2%, pushing the S&P 500 to a record high of 6,100.81 points before closing 0.6% higher at 6,086.28. The NASDAQ Composite rose 1.
