US Stock Futures Fall as Treasury Yields Surge Ahead of Trump-Xi Summit 
Gold Prices Fall as Treasury Yields Rise on Fed Rate Hike Bets 
Soybean Futures Slip as Traders Await Trump-Xi Trade Signals 
Oil Prices Ease as Iran Tensions Clash With Diplomacy Hopes 
China’s ‘Lipstick King’ Says AI Won’t Replace Livestream Hosts 
Japan Private-Sector Growth Slows as Domestic Demand Weakens 
Asian Stocks Fall as Surging Bond Yields Rattle Markets 
RBI Uses $10 Billion Currency Swaps to Drain Excess Rupee Liquidity 
Russian Envoy Dmitriev Heads to US for Ukraine Talks 
European Stocks Fall as Bond Yields and Geopolitical Risks Weigh 
Fed Unveils Stablecoin Rules Under GENIUS Act 
U.S. Treasury Yields Surge as 30-Year Hits 22-Year High 
U.S. 10-Year Treasury Yield Hits 2007 High as Fed Rate Hike Bets Rise 
Oil Prices Surge as U.S.-Iran Diplomacy Hopes Fade 
US, China Extend Trade Truce to Jan. 10 Ahead of Trump-Xi Summit 
Wall Street Falls as Treasury Yields Surge, Oil Rebounds on Iran Tensions 
South Korea, US Discuss Warship Building Cooperation 
Add as a preferred source on Google
U.S. stock markets closed slightly higher on Wednesday as investors balanced strong gains in consumer sectors against weakness in energy and financial stocks. The S&P 500 ended nearly flat at 7,520.45, while the Nasdaq Composite gained 0.1% to close at 26,674.74. The Dow Jones Industrial Average climbed 0.4% to 50,644.41. All three indexes achieved new record highs despite cautious trading sentiment.
Market analysts noted that investors are taking profits after a powerful rally driven mainly by technology stocks and artificial intelligence demand. The S&P 500 has surged roughly 18% since late March, while technology shares have jumped nearly 38%. Experts believe the market trend remains positive, although volatility could increase in the coming weeks as earnings season winds down.
Technology stocks, especially semiconductor companies, remained a key focus. Micron Technology continued attracting attention as demand for AI-related memory chips boosted investor confidence. The company recently surpassed a $1 trillion market value, joining major Asian chipmakers Samsung Electronics and SK Hynix. Analysts expect Micron’s revenue and profits to continue growing through 2026 and 2027 due to increasing AI infrastructure investments.
Meanwhile, geopolitical tensions also influenced trading activity. Reports about a possible memorandum of understanding between the United States and Iran briefly raised hopes for reduced conflict in the Middle East. However, the White House rejected claims made by Iranian state media regarding a proposed agreement. President Donald Trump and Secretary of State Marco Rubio confirmed that diplomatic discussions are ongoing, though no official deal has been finalized.
Oil prices declined as traders anticipated improved shipping activity through the Strait of Hormuz, a critical global energy route. Brent crude futures dropped to around $95 per barrel after recent spikes above $100.
Among individual stocks, PDD Holdings fell more than 10% after disappointing quarterly revenue results, while Abercrombie & Fitch jumped 9% following stronger-than-expected earnings.
