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Japan Signals Preference for Low Interest Rates as BOJ Policy Debate Intensifies 
Asian Stocks Sink as Apple Price Hikes Spark AI Valuation Fears, South Korea and Japan Lead Selloff 
Australia Jobs Growth Strengthens Rate Hike Outlook 
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SpaceX Eyes Starlink Mobile Phone Service to Challenge Verizon, AT&T, and T-Mobile 
Oil Prices Rebound as Strait of Hormuz Tensions Return After Ship Attack Near Oman 
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 
Morgan Stanley Sees Chinese Auto Market Recovery Gaining Momentum in Late Summer 
Trump Threatens 100% Tariffs on Countries Imposing Digital Services Taxes on U.S. Tech Firms 
Oil Prices Drop as Middle East Supply Recovery Eases Market Concerns 
Gold Drops Below $4,000 as Strong US Dollar and Fed Rate Hike Expectations Pressure Bullion 
US Dollar Slips After PCE Inflation Data Eases Fed Rate Hike Expectations 
Asian Markets Rally as Micron and Qualcomm AI Outlook Lifts Global Tech Stocks 
Gold Falls Below $4,000 as Strong Dollar and Fed Rate Hike Expectations Weigh on Prices 
Iran Attack in Strait of Hormuz Pushes Oil Prices Higher 
U.S. stock futures surged Sunday evening, rebounding after last week’s steep losses, as investors reacted positively to President Donald Trump’s reassuring comments on trade relations with China. The recovery offered relief after fears of a deepening trade war had rattled Wall Street.
At 19:43 ET (23:43 GMT), S&P 500 Futures climbed 1.1% to 6,665.50, Dow Jones Futures rose 0.7% to 46,027.0, and Nasdaq 100 Futures jumped 1.6% to 24,781.0 points. The gains came after Trump struck a conciliatory tone, saying on social media, “Don’t worry about China, it will all be fine,” and adding that the U.S. aims to “help China, not hurt it.” His remarks hinted that negotiations between the world’s two largest economies may continue despite recent tensions.
The optimism followed a turbulent Friday when U.S. markets saw their worst single-day decline in six months. The Dow fell 1.9%, the S&P 500 dropped 2.7%, and the Nasdaq tumbled 3.6%, with technology and semiconductor stocks leading losses. The sell-off was triggered by Trump’s announcement of a 100% tariff on all Chinese imports and new export controls on sensitive U.S. software—measures that Beijing quickly criticized, warning of “all necessary countermeasures” if Washington proceeds.
Despite Sunday’s rebound, market sentiment remains cautious. China’s Commerce Ministry reiterated its readiness to defend its interests, emphasizing that it is “not afraid” of a trade confrontation. Meanwhile, the ongoing U.S. government shutdown—now in its second week—continues to weigh on economic confidence, delaying vital data releases ahead of the Federal Reserve’s October 28–29 meeting.
Adding to the week’s focus, the U.S. earnings season kicks off with major banks leading the charge. Citigroup, JPMorgan Chase, Wells Fargo, and Goldman Sachs report Tuesday, followed by Bank of America and Morgan Stanley on Wednesday. Investors will watch results closely for signs of resilience amid global trade uncertainty and domestic political gridlock.
