Soybean Futures Slip as Traders Await Trump-Xi Trade Signals 
Dollar Falls as Oil Eases, Yen Jumps on Intervention Signals 
Mexico-US Trade Talks Delayed to October as Tariff Negotiations Continue 
Asian Currencies Mixed as Dollar Holds Near Two-Month High 
Gold Holds Near $4,275 as Rising Treasury Yields Fuel Fed Rate Hike Bets 
Asian Stocks Fall as Bond Yields Surge Ahead of Trump-Xi Summit 
U.S. Dollar Hits Two-Month High as Oil, Treasury Yields Surge 
U.S. Treasury Yields Surge as 30-Year Hits 22-Year High 
Trump, Xi Focus on Trade and AI at White House Summit 
European Stocks Fall as Bond Yields and Geopolitical Risks Weigh 
Germany’s 2026 Growth Outlook Strengthens on Fiscal Spending 
China Agrees to Buy 20 Million Tons of U.S. Coal 
Australia Unemployment Hits Five-Year High Despite Strong Jobs Growth 
US Stock Futures Fall as Treasury Yields Surge Ahead of Trump-Xi Summit 
Dollar Holds Near Two-Month High as Yen Approaches 160 
Japanese Yen Rebounds as Trump Flags Currency Weakness 
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U.S. stock futures rose sharply Wednesday night, driven by strong earnings reports from tech giants Microsoft and Meta Platforms. This positive momentum came after a choppy regular session where Wall Street posted modest gains despite weak economic data.
As of 8:13 p.m. ET, S&P 500 Futures were up 0.9% at 5,636.75, Nasdaq 100 Futures climbed 1.4% to 19,931.50, and Dow Jones Futures added 0.4% to reach 40,932.00.
Meta (NASDAQ:META) jumped 5.7% in after-hours trading following upbeat Q1 earnings and an increase in full-year capital expenditure guidance to $64–72 billion. The Facebook and Instagram parent plans to expand AI-focused data centers to support future growth.
Microsoft (NASDAQ:MSFT) also surged 7% post-market after reporting a 13% rise in quarterly revenue and projecting robust cloud growth of 34–35% in the fiscal Q4, reinforcing investor confidence in its AI-driven cloud strategy.
However, earlier in the day, U.S. GDP data surprised markets, showing a 0.3% annualized contraction in Q1, versus a 2.4% expansion in Q4. Analysts had expected modest growth of 0.2%. The downturn was partly due to a 41.3% spike in imports—the largest in five years—as buyers rushed to make purchases ahead of potential Trump-era tariffs.
Despite the economic miss, Wall Street indexes ended Wednesday with small gains. The Dow rose 0.4%, the S&P 500 edged up 0.2%, and the Nasdaq slipped 0.1%.
Investors now await earnings from Apple (NASDAQ:AAPL) and Amazon (NASDAQ:AMZN), due Thursday. Meanwhile, Starbucks (NASDAQ:SBUX) fell nearly 6% after weak global sales, and Caterpillar (NYSE:CAT) posted a profit decline. AI server firm Super Micro (NASDAQ:SMCI) dropped 11.5% after lowering its Q3 outlook.
