Japan Signals Preference for Low Interest Rates as BOJ Policy Debate Intensifies 
Wall Street Ends Lower as AI Stocks Drag Markets, Fed Rate Outlook Shifts 
Asian Stocks Sink as Apple Price Hikes Spark AI Valuation Fears, South Korea and Japan Lead Selloff 
Gold Prices Fall Below $4,000 as Strong Dollar, Fed Rate Hike Bets Weigh on Bullion 
White House Seeks $87.6 Billion Emergency Funding for Iran War, Farmers, and Ebola Response 
S&P Affirms Brazil’s BB Credit Rating with Stable Outlook Amid Fiscal Challenges 
U.S. Dollar Reaches One-Year High as Tech Sell-Off and Fed Rate Hike Expectations Support Demand 
BOJ Hawk Signals Faster Interest Rate Hikes Amid Inflation Risks 
Wall Street Ends Mixed as Micron Surges, Apple Drops After Price Hikes 
South Korea’s KOSPI Jumps Over 5% as Samsung, SK Hynix Rally on Micron Earnings Boost 
Iran Attack in Strait of Hormuz Pushes Oil Prices Higher 
Oil Prices Drop as Middle East Supply Recovery Eases Market Concerns 
Asian Markets Rally as Micron and Qualcomm AI Outlook Lifts Global Tech Stocks 
South Korea’s KOSPI Plunges as Apple Price Hikes and OpenAI IPO Delay Shake AI Chip Stocks 
Oil Prices Drop as Strait of Hormuz Shipping Recovers 
Oil Prices Rebound as Strait of Hormuz Tensions Return After Ship Attack Near Oman 
Gold Falls Below $4,000 as Strong Dollar and Fed Rate Hike Expectations Weigh on Prices 
Wall Street futures edged lower on Monday evening as technology stocks remained under pressure following several weak sessions, while investors turned cautious ahead of critical US labor market and inflation data. Market participants are closely watching upcoming economic indicators for clearer signals on growth, inflation, and the Federal Reserve’s next policy moves.
By 18:46 ET (23:46 GMT), S&P 500 futures dipped nearly 0.1% to 6,818.25 points, Nasdaq 100 futures also fell 0.1% to 25,064.50 points, and Dow Jones futures were largely unchanged at 48,464 points. The subdued performance reflects broader uncertainty, particularly around the outlook for interest rates and the sustainability of the recent rally in technology stocks.
Investor focus is now firmly on the US nonfarm payrolls report for November, scheduled for release Tuesday morning. The data was slightly delayed due to disruptions caused by the government shutdown in October and early November. Markets are looking for signs of further cooling in the labor market, which has shown gradual signs of softening in recent months. The payrolls report will be followed closely by the US consumer price index inflation data later in the week, another key input for monetary policy expectations.
Labor market strength and inflation trends remain the Federal Reserve’s primary considerations when assessing future interest rate cuts. The central bank recently lowered rates and has emphasized a data-dependent approach going forward. Comments from New York Fed President John Williams on Monday reinforced this stance, underscoring that upcoming data will play a crucial role in shaping policy decisions.
Wall Street closed lower on Monday, dragged down mainly by continued weakness in technology shares as investors locked in profits after the artificial intelligence-driven rally. Concerns were amplified by cautious guidance from major companies such as Oracle and Broadcom, raising questions about long-term AI-related returns. Nvidia briefly bucked the trend, rising 0.7% after JPMorgan highlighted the stock as a buying opportunity, though gains faded in after-hours trading.
The S&P 500 fell 0.2%, the Nasdaq Composite dropped 0.6%, and the Dow Jones Industrial Average slipped 0.1%, highlighting a cautious tone as markets brace for pivotal economic data.
