Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient 
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
Thailand Inflation Remains Negative for 10th Straight Month in January 
Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals 
Asian Currencies Trade Sideways as Dollar Stabilizes, Yen Weakens Ahead of Japan Election 
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns 
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off 
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off 
Australia’s Corporate Regulator Urges Pension Funds to Boost Technology Investment as Industry Grows 
India Services Sector Rebounds in January as New Business Gains Momentum: HSBC PMI Shows Growth 
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
Oil Prices Slip as U.S.–Iran Talks Ease Supply Disruption Fears 
Australia’s December Trade Surplus Expands but Falls Short of Expectations 
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure 
Asian Markets Slip as AI Spending Fears Shake Tech, Wall Street Futures Rebound 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Wall Street futures ticked up slightly on Monday evening, offering a modest rebound after major U.S. indexes slid earlier in the day on rising caution surrounding Nvidia’s upcoming earnings and a highly anticipated U.S. labor market update. The move came as Federal Reserve Governor Christopher Waller signaled support for additional rate cuts aimed at stabilizing employment, though most traders still expect the Fed to maintain current rates in December.
S&P 500 futures gained 0.2% to 6,702.75, while Nasdaq 100 futures rose 0.2% to 24,924. Dow Jones futures added 0.1% to reach 46,724.
Major tech stocks weighed heavily on the broader market as investors trimmed exposure ahead of Nvidia’s quarterly report due Wednesday. Nvidia shares fell nearly 1.9%, extending a multiday decline as traders locked in profits from the company’s massive AI-driven rally over the last several years. Questions about the sustainability of its rapid growth have increased recently, adding to investor unease.
Other AI-focused and tech-related stocks also declined amid growing skepticism about the long-term returns from substantial industry investments. Palantir dropped 1.6%, pushing its five-day losses to nearly 10%. Alphabet was a rare standout, climbing 3.1% after Berkshire Hathaway revealed a $4.3 billion stake, and as markets anticipated the potential release of Google’s Gemini 3.0 AI model.
Despite Alphabet’s strength, losses across technology and cyclical sectors pushed all major U.S. indexes lower. The S&P 500 slipped 0.9%, the Nasdaq Composite fell 0.8%, and the Dow Jones Industrial Average dropped 1.2%.
Looking ahead, investors are awaiting earnings from major retailers including Walmart, Target, and Home Depot. Additionally, attention is focused on Thursday’s release of delayed September nonfarm payrolls data. While Waller argued for rate cuts to protect the labor market, market expectations for a December cut have weakened. CME FedWatch now shows a 40.8% probability of a 25 basis-point cut, down sharply from last week, with nearly a 60% chance the Fed will hold rates steady.
