China Expands Export Controls, Adds 20 Japanese Companies to Restricted List 
Bank Regulation Rollbacks in the U.S. and UK Could Increase Financial Risks, Study Warns 
Oil Prices Rebound as Strait of Hormuz Tensions Return After Ship Attack Near Oman 
Canada Grants C$7 Million to Greenland Molybdenum Mine to Strengthen Critical Minerals Supply 
US Stock Futures Rise as US-Iran Ceasefire Hopes Boost Market Sentiment 
Oil Prices Rise as US-Iran Tensions Threaten Strait of Hormuz Oil Shipments 
Japan Targets 1%+ Real Economic Growth With ¥370 Trillion Investment Plan 
Asian Stocks Slip as US-Iran Ceasefire Hopes Lift Oil, Dollar Strength Persists 
S&P Affirms Brazil’s BB Credit Rating with Stable Outlook Amid Fiscal Challenges 
Gold Price Falls as Fed Rate Hike Fears and U.S.-Iran Tensions Weigh on Bullion 
Gold Prices Rise Above $4,000 as Inflation Data and Weaker Dollar Boost Demand 
Asian Currencies Stay Range-Bound as Investors Eye China Data, RBNZ Outlook and U.S.-Iran Ceasefire 
US Dollar Slips After PCE Inflation Data as Fed Rate Hike Expectations Stay Elevated 
Iran Attack in Strait of Hormuz Pushes Oil Prices Higher 
Asian Stocks Sink as Apple Price Hikes Spark AI Valuation Fears, South Korea and Japan Lead Selloff 
World Bank Approves $1.1 Billion Emergency Funding for Bangladesh Amid Food and Energy Price Pressures 
The S&P 500 closed higher Tuesday as tech stocks rebounded, shifting investor focus to the Federal Reserve’s policy decision. The Dow Jones rose 136 points (0.3%), while the S&P 500 gained 0.9%, and the Nasdaq surged 2%.
AI chip leader Nvidia (NASDAQ:NVDA) led the recovery after suffering a record $593 billion loss in market value Monday. Concerns over Chinese AI startup Deepseek disrupting U.S. AI dominance were downplayed, with analysts suggesting that cheaper AI solutions could drive broader adoption. The rally comes as big tech giants, including Microsoft (NASDAQ:MSFT), Meta (NASDAQ:META), Apple (NASDAQ:AAPL), and Tesla (NASDAQ:TSLA), prepare to report earnings this week.
On the earnings front, General Motors (NYSE:GM) fell nearly 9% after posting a fourth-quarter loss due to China-related charges. JetBlue Airways (NASDAQ:JBLU) plunged 26% following weak revenue guidance, while Royal Caribbean (NYSE:RCL) soared 12% on strong Q4 earnings and a positive 2025 outlook. Boeing (NYSE:BA) gained 1.5% after CEO Kelly Ortberg outlined a turnaround strategy despite the company’s largest annual loss since 2020.
Investors now await the Federal Reserve’s decision, with expectations that borrowing costs will remain unchanged. The Fed previously lowered rates, bringing the benchmark rate to 4.25%-4.50%. Key economic data, including the PCE price index and Q4 GDP estimates, are also due this week.
Meanwhile, U.S. housing data showed single-family home prices rose 0.3% in November, slowing from October’s 0.5% gain, reflecting the impact of higher mortgage rates.
Markets remain focused on earnings and macroeconomic signals, with tech stocks driving optimism ahead of the Fed’s announcement.
