Mexico-US Trade Talks Delayed to October as Tariff Negotiations Continue 
Asian Stocks Fall as Bond Yields Surge Ahead of Trump-Xi Summit 
Japanese Bank Stocks Surge as Bond Yields Fuel Rate Hike Bets 
Gold Prices Fall as Treasury Yields Rise on Fed Rate Hike Bets 
Oil Prices Jump 3% as Houthi Attack Revives Supply Fears 
Asian Stocks Fall as Surging Bond Yields Rattle Markets 
Trump, Xi Focus on Trade and AI at White House Summit 
Gold Holds Near $4,275 as Rising Treasury Yields Fuel Fed Rate Hike Bets 
Dollar Falls as Oil Eases, Yen Jumps on Intervention Signals 
Australia Unemployment Hits Five-Year High Despite Strong Jobs Growth 
Asian Currencies Mixed as Dollar Holds Near Two-Month High 
Oil Prices Ease as Iran Tensions Clash With Diplomacy Hopes 
U.S. Treasury Yields Surge as 30-Year Hits 22-Year High 
US Stock Futures Fall as Treasury Yields Surge Ahead of Trump-Xi Summit 
Japan Private-Sector Growth Slows as Domestic Demand Weakens 
Canadian Dollar Faces Pressure as Fed-BoC Policy Gap Widens 
Fed’s Hammack Says Bond Yield Surge Is Not Driven by Inflation Fears 
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U.S. stock futures traded narrowly higher on Wednesday evening after a volatile Wall Street session, as investors assessed the Federal Reserve’s rate decision and a fresh wave of major tech earnings.
S&P 500 futures rose 0.1% to 6,932.0 points, while Nasdaq 100 futures gained 0.1% to 26,300.00 points. Dow Jones futures were flat at 47,838.0 points. Earlier, the Dow slipped 0.2%, the S&P 500 ended nearly unchanged, and the Nasdaq Composite climbed 0.6%.
The Fed cut its benchmark rate by 25 basis points to a range of 3.75%–4.00%, marking its second consecutive reduction. However, Fed Chair Jerome Powell emphasized uncertainty about future moves, stating another rate cut in December was “far from” guaranteed. He noted that policymakers were “navigating in the fog” amid mixed economic signals and uneven inflation progress.
Markets, which had largely priced in another cut by year-end, adjusted expectations following Powell’s comments. Analysts at ING said they still anticipate a December cut, projecting at least two more reductions next year to bolster growth and weaken the dollar.
Investors also monitored global developments ahead of a meeting between U.S. President Donald Trump and Chinese President Xi Jinping in Busan, South Korea. The leaders are expected to discuss trade, technology, and rare earth supply chains, with hopes for a temporary pause in tariffs and easing of export restrictions.
Earnings from tech giants also shaped market sentiment. Alphabet (NASDAQ:GOOGL) surged over 7% in after-hours trading after exceeding revenue forecasts, while Microsoft (NASDAQ:MSFT) slipped 3% amid cost concerns. Meta Platforms (NASDAQ:META) fell 8% after warning of higher 2026 capital expenses and a $16 billion one-time charge. Investors now await results from Apple (NASDAQ:AAPL) and Amazon (NASDAQ:AMZN).
