Mexico Moves to Increase Tariffs on Asian Imports to Protect Domestic Industries 
Modi and Trump Hold Phone Call as India Seeks Relief From U.S. Tariffs Over Russian Oil Trade 
Hong Kong Cuts Base Rate as HKMA Follows U.S. Federal Reserve Move 
Asian Stocks Slip as Oracle Earnings Miss Sparks AI Profitability Concerns 
Asian Stocks Rally as Tech Rebounds, China Lags on Nvidia Competition Concerns 
Japan Weighs New Tax Breaks to Boost Corporate Investment Amid Spending Debate 
BOJ Expected to Deliver December Rate Hike as Economists See Borrowing Costs Rising Through 2025 
Asian Stocks Slip Ahead of Fed Decision as China Deflation Concerns Deepen 
Wall Street Futures Dip as Broadcom Slides, Tech Weighed Down Despite Dovish Fed Signals 
Brazil Holds Selic Rate at 15% as Inflation Expectations Stay Elevated 
Russia Stocks End Flat as Energy and Retail Shares Show Mixed Performance 
Fed’s Dovish Tone Sends Dollar Lower as Markets Price In More Rate Cuts 
Gold Prices Hold Firm as Markets Await Fed Rate Cut; Silver Surges to Record High 
Asian Currencies Hold Steady as Indian Rupee Slides to Record Low on Fed Outlook 
Gold Prices Slip Slightly in Asia as Silver Nears Record Highs on Dovish Fed Outlook 
Australia’s Labour Market Weakens as November Employment Drops Sharply 
U.S. stock futures edged lower Sunday evening after Wall Street recorded weekly losses, as investor sentiment remained cautious amid trade tensions and a critical earnings week. S&P 500 Futures fell 0.4% to 5,293.25, Nasdaq 100 Futures dropped 0.4% to 18,316.25, and Dow Jones Futures slipped 0.4% to 36,169.0 by 8:08 PM ET.
Market volatility was driven by uncertainty around President Donald Trump’s new tariff measures and escalating trade talks. Recent discussions between the U.S. and Japan showed signs of progress, while China signaled openness to negotiations—contingent on more respectful diplomacy. European Commission President Ursula von der Leyen also backed continued trade dialogue.
Investors are closely watching first-quarter earnings reports from Tesla (NASDAQ:TSLA), Alphabet (NASDAQ:GOOGL), and Boeing (NYSE:BA) this week. Tesla will announce results Tuesday as it grapples with global supply chain disruptions and political backlash tied to CEO Elon Musk’s involvement in Trump’s administration. Alphabet reports Thursday amid increased AI activity and advertising scrutiny, while Boeing’s Wednesday results may shed light on how global trade pressures are impacting the aerospace sector.
Last week, UnitedHealth (NYSE:UNH) triggered a major sell-off, plunging 22% after revising its annual profit forecast due to rising medical costs. Nvidia (NASDAQ:NVDA) also spooked tech investors with news of a $5.5 billion Q1 charge linked to U.S. chip export restrictions on China.
Despite the S&P 500 eking out a 0.1% gain Thursday, the Dow dropped 1.3%, and the Nasdaq lost 0.1%. All three major indexes ended the week in the red, with over 2% declines in both the Dow and Nasdaq. Monday’s trading is expected to remain light due to Easter market closures in several regions.
