Wall Street Slides as Warsh Fed Nomination, Hot Inflation, and Precious Metals Rout Shake Markets 
Canada’s Trade Deficit Jumps in November as Exports Slide and Firms Diversify Away From U.S. 
BOJ Policymakers Warn Weak Yen Could Fuel Inflation Risks and Delay Rate Action 
India Budget 2025 Highlights Manufacturing Push but Falls Short of Market Expectations 
South Korea Factory Activity Hits 18-Month High as Export Demand Surges 
Why Trump’s new pick for Fed chair hit gold and silver markets – for good reasons 
Starmer’s China Visit Highlights Western Balancing Act Amid U.S.-China Rivalry 
Gold and Silver Prices Plunge as Trump Taps Kevin Warsh for Fed Chair 
China Factory Activity Slips in January as Weak Demand Weighs on Growth Outlook 
Japan Election Poll Signals Landslide Win for Sanae Takaichi, Raising Fiscal Policy Concerns 
Philippines Manufacturing PMI Hits Nine-Month High Despite Weak Confidence Outlook 
U.S. Stock Futures Slip as Markets Brace for Big Tech Earnings and Key Data 
UK Employers Plan Moderate Pay Rises as Inflation Pressures Ease but Persist 
Gold Prices Stabilize in Asian Trade After Sharp Weekly Losses Amid Fed Uncertainty 
Asian Markets Slide as Silver Volatility, Earnings Season, and Central Bank Meetings Rattle Investors 
U.S. Government Faces Brief Shutdown as Congress Delays Funding Deal 
Oil Prices Slide Nearly 3% as U.S.-Iran Talks Ease Geopolitical Tensions 
U.S. stock index futures dipped slightly on Sunday evening, easing after Wall Street surged to record highs last week on optimism over Federal Reserve interest rate cuts. By 19:37 ET (23:37 GMT), S&P 500 Futures slipped 0.1% to 6,715.25, Nasdaq 100 Futures dropped 0.1% to 24,849.50, and Dow Jones Futures edged 0.1% lower to 46,587.0.
Last week, the S&P 500 closed at a record 6,664.36, up 0.5%, while the Nasdaq Composite gained 0.7% to 22,631.48. The Dow Jones advanced 0.4% to 46,315.27. The rally followed a 25-basis-point Fed rate cut, with policymakers signaling more easing ahead to support the labor market despite concerns over persistent inflation. Markets welcomed the shift, seeing lower rates as a cushion against slowing U.S. economic growth.
Technology stocks led the rally, with Apple (NASDAQ:AAPL) surging on strong early demand for its iPhone 17 lineup. Chipmakers and cloud computing firms also benefited from sustained enthusiasm around artificial intelligence. Delivery giant FedEx (NYSE:FDX) posted upbeat earnings, further boosting sentiment as it is often viewed as a barometer of U.S. economic health.
This week, investor focus shifts to fresh economic data and Federal Reserve commentary. Several Fed officials, including Chair Jerome Powell, are scheduled to speak, with markets seeking further clues on monetary policy direction. September’s Purchasing Managers Index is expected to shed light on business activity, while the final second-quarter GDP reading will offer insight into economic momentum.
The key highlight will be Friday’s release of the Personal Consumption Expenditures (PCE) price index—the Fed’s preferred inflation gauge. Core PCE inflation remains above the 2% target, with investors watching closely for signs of tariff-driven price pressures that could influence the central bank’s rate path.
