Canadian Dollar Faces Pressure as Fed-BoC Policy Gap Widens 
Japan Private-Sector Growth Slows as Domestic Demand Weakens 
Soybean Futures Slip as Traders Await Trump-Xi Trade Signals 
Gold Prices Fall as Treasury Yields Rise on Fed Rate Hike Bets 
Dollar Holds Near Two-Month High as Yen Approaches 160 
Asian Stocks Fall as Surging Bond Yields Rattle Markets 
Fed Unveils Stablecoin Rules Under GENIUS Act 
European Stocks Fall as Bond Yields and Geopolitical Risks Weigh 
Japanese Bank Stocks Surge as Bond Yields Fuel Rate Hike Bets 
US Comfortable With Canada Trade Standoff as Import Bans Loom 
Fed’s Hammack Says Bond Yield Surge Is Not Driven by Inflation Fears 
Asian Currencies Mixed as Dollar Holds Near Two-Month High 
Fed Unveils Stablecoin Rules Under GENIUS Act 
US Stock Futures Fall as Treasury Yields Surge Ahead of Trump-Xi Summit 
China’s ‘Lipstick King’ Says AI Won’t Replace Livestream Hosts 
Oil Prices Ease as Iran Tensions Clash With Diplomacy Hopes 
U.S. Treasury Yields Surge as 30-Year Hits 22-Year High 
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U.S. stock futures edged lower on Thursday as investors remained cautious ahead of the release of crucial U.S. unemployment data. Market participants are closely watching the labor market figures for signals on the Federal Reserve’s next policy moves, particularly whether conditions could support additional interest rate cuts later this year. The data is expected to influence short-term market sentiment as traders reassess the outlook for economic growth, inflation, and monetary policy.
Despite the broader weakness in futures, several major U.S. stocks made notable moves in premarket trading. Alphabet shares rose 0.8%, extending recent gains after the Google parent’s market capitalization surpassed that of Apple for the first time since 2019. The milestone reinforced investor confidence in Alphabet’s long-term growth prospects, especially in artificial intelligence, cloud computing, and digital advertising.
Nvidia stock advanced 0.4% following a Bloomberg report that China may soon approve certain purchases of the company’s H200 artificial intelligence chips. Approval could come as early as this quarter, potentially reopening access to a critical market for the U.S. chipmaker and boosting demand for its high-performance AI hardware.
Defense stocks also rallied strongly in premarket trading. RTX gained 4.9%, while Lockheed Martin and Northrop Grumman climbed 7% and 7.6%, respectively. The surge came after suggestions of a significant increase in the U.S. military budget for 2027, outweighing concerns over President Trump’s proposal to restrict dividends and share buybacks until defense contractors accelerate weapons production.
Applied Digital shares jumped 6.1% after the data center operator reported better-than-expected second-quarter revenue and announced new lease agreements with two hyperscale customers across its North Dakota campuses. Constellation Brands rose 2% after posting stronger-than-expected third-quarter sales and profit, supported by steady demand for Modelo Especial and Corona beers.
On the downside, Alcoa stock fell 3.4% following a JPMorgan downgrade, while Gap shares climbed 3.9% after a bullish UBS upgrade, reflecting improving expectations for sales and earnings growth.
