Oil Prices Rebound as Strait of Hormuz Tensions Return After Ship Attack Near Oman 
South Korea’s KOSPI Plunges as Apple Price Hikes and OpenAI IPO Delay Shake AI Chip Stocks 
Gold Drops Below $4,000 as Strong US Dollar and Fed Rate Hike Expectations Pressure Bullion 
Wall Street Ends Mixed as Micron Surges, Apple Drops After Price Hikes 
China Sets 1.25% Overnight Reverse Repo Rate Below Market Expectations 
Oil Prices Drop as Middle East Supply Recovery Eases Market Concerns 
White House Seeks $87.6 Billion Emergency Funding for Iran War, Farmers, and Ebola Response 
Gold Price Ends Lower for Fourth Week Despite Rebound as Fed Rate Hike Bets Strengthen 
Gold Price Falls as Fed Rate Hike Fears and U.S.-Iran Tensions Weigh on Bullion 
Bank Regulation Rollbacks in the U.S. and UK Could Increase Financial Risks, Study Warns 
Iran Attack in Strait of Hormuz Pushes Oil Prices Higher 
Asian Stocks Slip as US-Iran Ceasefire Hopes Lift Oil, Dollar Strength Persists 
Asian Stocks Sink as Apple Price Hikes Spark AI Valuation Fears, South Korea and Japan Lead Selloff 
Morgan Stanley Sees Chinese Auto Market Recovery Gaining Momentum in Late Summer 
Japan Signals Preference for Low Interest Rates as BOJ Policy Debate Intensifies 
U.S. stock futures edged higher Tuesday evening after a sharp sell-off on Wall Street, as investors remained cautious over President Donald Trump’s shifting tariff policies.
S&P 500 Futures gained 0.3% to 5,594.25, Nasdaq 100 Futures rose 0.4% to 19,473.0, and Dow Jones Futures increased 0.2% to 41,556.0.
Earlier, Trump unexpectedly announced a 50% tariff on Canadian steel and aluminum, escalating trade tensions in response to Ontario’s 25% surcharge on electricity exports. However, the tariff hike was swiftly rescinded after Ontario Premier Doug Ford suspended the surcharge and scheduled talks with U.S. Commerce Secretary Howard Lutnick.
Tuesday’s session saw continued market declines. The S&P 500 fell 0.8%, the Dow dropped 1.1%, and the Nasdaq Composite dipped 0.2%, extending Monday’s losses. Tesla rebounded 3.7% after a 15% plunge, while NVIDIA gained 1.8%, and Broadcom rose 3.1%. Delta Air Lines tumbled 7% after cutting its Q1 profit outlook, citing weak demand and economic uncertainty.
Investors now await the upcoming Consumer Price Index (CPI) report, which could impact the Federal Reserve’s interest rate decision next week.
