World Bank Approves $1.1 Billion Emergency Funding for Bangladesh Amid Food and Energy Price Pressures 
Wall Street Ends Lower as AI Stocks Drag Markets, Fed Rate Outlook Shifts 
South Korea’s KOSPI Plunges as Apple Price Hikes and OpenAI IPO Delay Shake AI Chip Stocks 
Asian Stocks Slip as US-Iran Ceasefire Hopes Lift Oil, Dollar Strength Persists 
Morgan Stanley Sees Chinese Auto Market Recovery Gaining Momentum in Late Summer 
White House Seeks $87.6 Billion Emergency Funding for Iran War, Farmers, and Ebola Response 
Gold Price Falls as Fed Rate Hike Fears and U.S.-Iran Tensions Weigh on Bullion 
Oil Prices Rise as US-Iran Tensions Threaten Strait of Hormuz Oil Shipments 
Trump Threatens 100% Tariffs on Countries Imposing Digital Services Taxes on U.S. Tech Firms 
Iran Attack in Strait of Hormuz Pushes Oil Prices Higher 
Bank Regulation Rollbacks in the U.S. and UK Could Increase Financial Risks, Study Warns 
China Factory PMI Seen Returning to Growth in June as AI Export Demand Supports Economy 
Oil Prices Rebound as Strait of Hormuz Tensions Return After Ship Attack Near Oman 
Asian Currencies Stay Range-Bound as Investors Eye China Data, RBNZ Outlook and U.S.-Iran Ceasefire 
SpaceX Eyes Starlink Mobile Phone Service to Challenge Verizon, AT&T, and T-Mobile 
China Sets 1.25% Overnight Reverse Repo Rate Below Market Expectations 
Asian Stocks Sink as Apple Price Hikes Spark AI Valuation Fears, South Korea and Japan Lead Selloff 
US stock index futures inched higher in holiday-thinned trade on Monday, with investors wary of potential new trade tariffs and prolonged high interest rates. Limited trading volumes due to a US market holiday offered few cues from Wall Street. Investors focused on President Donald Trump’s renewed plans for reciprocal tariffs and the Federal Reserve's stance on interest rates after persistent inflation data last week.
S&P 500 Futures rose 0.2% to 6,141.0 points, Nasdaq 100 Futures gained 0.1% to 22,220.0 points, and Dow Jones Futures climbed 0.2% to 44,712.0 points.
Trump reiterated his intention to impose tariffs matching duties on US exports, particularly targeting countries with a value-added tax system, affecting importers in Europe and Asia. Having recently imposed 25% tariffs on steel and aluminum and 10% on Chinese goods, Trump signaled that new tariffs might be implemented by April, providing short-term relief to markets.
The S&P 500 closed flat at 6,114.63 points on Friday, while the NASDAQ Composite rose 0.4% to 20,026.77 points, and the Dow Jones fell 0.4% to 44,546.08 points.
Federal Reserve Governor Christopher Waller downplayed the inflationary impact of Trump's tariffs but emphasized the need to maintain current interest rates due to persistent inflation and a robust labor market. After 1% in rate cuts through 2024, the Fed kept rates steady in January and is expected to maintain them in the near term.
Despite tariff concerns, investors remain cautious, with markets closely monitoring economic indicators and policy signals. As global trade tensions escalate, market volatility may persist, underscoring the importance of staying informed and prepared.
