U.S. Treasury Yields Surge as 30-Year Hits 22-Year High 
Asian Stocks Fall as Surging Bond Yields Rattle Markets 
US Stock Futures Fall as Treasury Yields Surge Ahead of Trump-Xi Summit 
Japanese Bank Stocks Surge as Bond Yields Fuel Rate Hike Bets 
Asian Stocks Fall as Bond Yields Surge Ahead of Trump-Xi Summit 
RBI Uses $10 Billion Currency Swaps to Drain Excess Rupee Liquidity 
U.S. Dollar Hits Two-Month High as Oil, Treasury Yields Surge 
Asian Currencies Mixed as Dollar Holds Near Two-Month High 
Fed’s Hammack Says Bond Yield Surge Is Not Driven by Inflation Fears 
Mexico-US Trade Talks Delayed to October as Tariff Negotiations Continue 
Dollar Falls as Oil Eases, Yen Jumps on Intervention Signals 
Soybean Futures Slip as Traders Await Trump-Xi Trade Signals 
Oil Prices Jump 3% as Houthi Attack Revives Supply Fears 
Germany’s 2026 Growth Outlook Strengthens on Fiscal Spending 
Gold Holds Near $4,275 as Rising Treasury Yields Fuel Fed Rate Hike Bets 
Add as a preferred source on Google
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.
