World Bank Approves $1.1 Billion Emergency Funding for Bangladesh Amid Food and Energy Price Pressures 
Gold Falls Below $4,000 as Strong Dollar and Fed Rate Hike Expectations Weigh on Prices 
South Korea’s KOSPI Plunges as Apple Price Hikes and OpenAI IPO Delay Shake AI Chip Stocks 
Trump Requests $11 Billion More in Farm Aid as Rising Costs Pressure U.S. Farmers 
Wall Street Ends Lower as AI Stocks Drag Markets, Fed Rate Outlook Shifts 
Wall Street Ends Mixed as Micron Surges, Apple Drops After Price Hikes 
South Korea’s KOSPI Jumps Over 5% as Samsung, SK Hynix Rally on Micron Earnings Boost 
Australian Household Spending Rebounds Strongly in May as Travel and Dining Drive Consumer Growth 
Iran Attack in Strait of Hormuz Pushes Oil Prices Higher 
Gold Drops Below $4,000 as Strong US Dollar and Fed Rate Hike Expectations Pressure Bullion 
Morgan Stanley Sees Chinese Auto Market Recovery Gaining Momentum in Late Summer 
Asian Currencies Trade Mixed as Yen Hovers Near 40-Year Low, Dollar Holds Firm on Fed Outlook 
Bank Regulation Rollbacks in the U.S. and UK Could Increase Financial Risks, Study Warns 
S&P Affirms Brazil’s BB Credit Rating with Stable Outlook Amid Fiscal Challenges 
Oil Prices Rebound as Strait of Hormuz Tensions Return After Ship Attack Near Oman 
U.S. stock index futures climbed on Sunday evening after President Donald Trump announced a delay in the proposed 50% tariffs on the European Union, easing investor concerns and lifting market sentiment. The tariffs are now postponed until July 9 following a "productive" call between Trump and European Commission President Ursula von der Leyen, signaling renewed momentum in U.S.-EU trade talks.
S&P 500 Futures rose 0.8% to 5,865.50, Nasdaq 100 Futures jumped 1% to 21,177.25, and Dow Jones Futures gained 0.7% to 41,972.0 by 20:26 ET. The uptick comes after Friday’s sharp selloff triggered by Trump’s tariff threats, which rattled Wall Street. The S&P 500 had fallen 0.7%, the Nasdaq Composite dropped 1%, and the Dow Jones declined 0.6%.
In addition to trade developments, investor focus this week shifts to Nvidia Corporation (NASDAQ:NVDA), set to report fiscal Q1 earnings on Wednesday. The chipmaker remains a bellwether for the artificial intelligence sector, with analysts watching closely to see if strong AI demand can offset recent U.S. restrictions on chip exports to China, a key Nvidia market.
Despite regulatory hurdles, demand from major AI hyperscalers is expected to have fueled Nvidia's performance. A Reuters report over the weekend revealed Nvidia plans to release a lower-tier AI chip from its Blackwell line tailored for the Chinese market later this year, potentially mitigating lost revenue from export limitations.
With thin trading expected due to the Memorial Day holiday, market momentum hinges on trade negotiations and Nvidia's results, both of which will shape investor outlook in the near term.
