Wall Street Futures Slip as Oracle Earnings Miss Reignites AI Spending Concerns 
Asian Stocks Slip Ahead of Fed Decision as China Deflation Concerns Deepen 
S&P 500 Slides as AI Chip Stocks Tumble, Cooling Tech Rally 
Japan Weighs New Tax Breaks to Boost Corporate Investment Amid Spending Debate 
US Signals Openness to New Trade Deal as Brazil Shows Willingness, Says USTR Greer 
Oil Prices Rebound in Asia as Venezuela Sanctions Risks Offset Ukraine Peace Hopes 
Indonesia–U.S. Tariff Talks Near Completion as Both Sides Push for Year-End Deal 
Asian Stocks Rally as Tech Rebounds, China Lags on Nvidia Competition Concerns 
Australia’s Labour Market Weakens as November Employment Drops Sharply 
Fed Near Neutral Signals Caution Ahead, Shifting Focus to Fixed Income in 2026 
Gold Prices Slip Slightly in Asia as Silver Nears Record Highs on Dovish Fed Outlook 
Gold Prices Hold Firm as Markets Await Fed Rate Cut; Silver Surges to Record High 
Asian Currencies Steady as Fed Delivers Hawkish Rate Cut; Aussie and Rupee Under Pressure 
Wall Street Futures Dip as Broadcom Slides, Tech Weighed Down Despite Dovish Fed Signals 
BOJ Expected to Deliver December Rate Hike as Economists See Borrowing Costs Rising Through 2025 
Hong Kong Cuts Base Rate as HKMA Follows U.S. Federal Reserve Move 
U.S. stock index futures remained largely flat Sunday evening as investors braced for a wave of second-quarter earnings reports from major companies, with market focus also locked on the looming implementation of new tariffs by President Donald Trump.
By 7:28 PM ET (11:28 PM GMT), S&P 500 futures held at 6,337.50 points, Dow Jones futures were unchanged at 44,554.0 points, while Nasdaq 100 futures ticked up to 23,239.0 points. The muted movement follows Friday’s lackluster session, where indexes hovered near record highs. Market sentiment was dampened by reports that Trump is pushing for 15% to 20% tariffs on the European Union, expected to take effect on August 1.
Investors now turn their attention to a packed earnings calendar. Tech giants Alphabet (NASDAQ:GOOGL) and Tesla (NASDAQ:TSLA), both members of the “Magnificent Seven,” are set to report Wednesday and could significantly influence broader market trends, especially regarding AI developments. Other notable names reporting early this week include Verizon, Coca-Cola, Philip Morris, RTX, Texas Instruments, Chubb, Lockheed Martin, and General Motors.
Strong bank earnings last week helped buoy sentiment despite rising trade concerns. However, analysts warn that tariffs could weigh on corporate earnings and guidance for the remainder of the year. The White House has yet to secure major trade deals, raising fears about the long-term economic impact.
On Friday, the S&P 500 and NASDAQ Composite were mostly unchanged, closing at 6,296.79 and 20,895.66 points, respectively. The Dow Jones fell 0.3% to 44,342.19 points, as traders remained cautious amid escalating trade tensions and mixed signals from Washington.
