South Korea’s KOSPI Plunges as Apple Price Hikes and OpenAI IPO Delay Shake AI Chip Stocks 
Japan Targets 1%+ Real Economic Growth With ¥370 Trillion Investment Plan 
Oil Prices Rise as US-Iran Tensions Threaten Strait of Hormuz Oil Shipments 
Asian Stocks Sink as Apple Price Hikes Spark AI Valuation Fears, South Korea and Japan Lead Selloff 
China Sets 1.25% Overnight Reverse Repo Rate Below Market Expectations 
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 
US Dollar Slips After PCE Inflation Data Eases Fed Rate Hike Expectations 
Bank Regulation Rollbacks in the U.S. and UK Could Increase Financial Risks, Study Warns 
Trump Threatens 100% Tariffs on Countries Imposing Digital Services Taxes on U.S. Tech Firms 
US Stock Futures Rise as US-Iran Ceasefire Hopes Boost Market Sentiment 
Gold Price Falls as Fed Rate Hike Fears and U.S.-Iran Tensions Weigh on Bullion 
Iran Attack in Strait of Hormuz Pushes Oil Prices Higher 
S&P Affirms Brazil’s BB Credit Rating with Stable Outlook Amid Fiscal Challenges 
Oil Prices Drop as Middle East Supply Recovery Eases Market Concerns 
US Dollar Slips After PCE Inflation Data as Fed Rate Hike Expectations Stay Elevated 
U.S. Stock Futures Hold Steady After Wall Street Record Highs
U.S. stock index futures remained stable in evening trading on Monday, buoyed by strong gains in major technology stocks that propelled Wall Street to record highs. Investors are now eyeing critical earnings reports and economic data expected later in the week.
S&P 500 futures slightly increased to 5,911.25 points, while Nasdaq 100 futures held steady at 20,622.0 points. Dow Jones futures also saw a modest 0.1% rise to 43,404.0 points, reflecting ongoing optimism in the market.
Tech Gains Drive Market to New Heights
The tech sector played a key role in Monday’s market performance. NVIDIA Corporation surged 2.4% to a new record high, helping lift the broader market. Investors now await earnings reports from key semiconductor companies, ASML Holding and TSMC, which are expected to provide further insight into the sector’s health.
Other tech giants, including Apple, Alphabet, and Microsoft, also saw gains during the trading session before stabilizing in aftermarket trades.
The S&P 500 climbed 0.8% to a record 5,859.85 points, while the Dow Jones rose 0.5% to 43,065.22 points. The Nasdaq Composite increased by 0.9%, nearing peaks achieved earlier this year.
Focus Shifts to Q3 Earnings and Economic Data
Investor attention is now on the third-quarter earnings season, which intensifies this week. Key financial players like Bank of America, Goldman Sachs, and Johnson & Johnson are set to report, with more updates from Netflix and American Express later in the week. Economic data, including retail sales and Federal Reserve statements, will also provide further market direction.
