China Expands Export Controls, Adds 20 Japanese Companies to Restricted List 
China Sets 1.25% Overnight Reverse Repo Rate Below Market Expectations 
US Dollar Slips After PCE Inflation Data Eases Fed Rate Hike Expectations 
Gold Prices Fall Below $4,000 as Strong Dollar, Fed Rate Hike Bets Weigh on Bullion 
Gold Price Ends Lower for Fourth Week Despite Rebound as Fed Rate Hike Bets Strengthen 
Wall Street Ends Lower as AI Stocks Drag Markets, Fed Rate Outlook Shifts 
SpaceX Eyes Starlink Mobile Phone Service to Challenge Verizon, AT&T, and T-Mobile 
White House Seeks $87.6 Billion Emergency Funding for Iran War, Farmers, and Ebola Response 
Oil Prices Rise as US-Iran Tensions Threaten Strait of Hormuz Oil Shipments 
Asian Stocks Slip as US-Iran Ceasefire Hopes Lift Oil, Dollar Strength Persists 
Gold Drops Below $4,000 as Strong US Dollar and Fed Rate Hike Expectations Pressure Bullion 
US Dollar Slips After PCE Inflation Data as Fed Rate Hike Expectations Stay Elevated 
Japan Targets 1%+ Real Economic Growth With ¥370 Trillion Investment Plan 
World Bank Approves $1.1 Billion Emergency Funding for Bangladesh Amid Food and Energy Price Pressures 
Trump Threatens 100% Tariffs on Countries Imposing Digital Services Taxes on U.S. Tech Firms 
U.S. stock futures were little changed Wednesday evening after Wall Street rallied on President Donald Trump’s decision to grant a one-month exemption on new 25% auto tariffs for imports from Mexico and Canada.
S&P 500 Futures held steady at 5,852.25 points, Nasdaq 100 Futures dipped 0.2% to 20,632.75, and Dow Jones Futures remained unchanged at 43,068.0 by 19:25 ET (00:25 GMT).
The White House’s move provides temporary relief to automakers, allowing them more time to adjust supply chains and mitigate immediate cost pressures. The exemption underscores the importance of the U.S.-Mexico-Canada Agreement (USMCA), ensuring duty-free access for compliant vehicles. Reports also suggest Trump may exclude certain agricultural products from tariffs, signaling potential negotiations for longer-term trade solutions.
Markets welcomed the announcement, with the Dow Jones Industrial Average gaining 1.1%, snapping a two-day losing streak. The S&P 500 also rose 1.1%, while the NASDAQ Composite jumped 1.5%. Automaker stocks surged, with General Motors (NYSE:GM) soaring 7.2%, Ford (NYSE:F) climbing 5.8%, Stellantis NV (BIT:STLAM) up 9.2%, and U.S.-listed Toyota Motor (NYSE:TM) gaining 6.5%.
Economic data showed unexpected growth in the U.S. services sector in February, as the ISM Services PMI rose to 53.5 from 52.8, beating forecasts. However, rising input prices, fueled by new tariffs and higher raw material costs, could stoke inflation concerns.
Investors now await Friday’s jobs report, which could influence Federal Reserve policy and interest rate outlooks.
