U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength 
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm 
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals 
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran 
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out 
Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
Thailand Inflation Remains Negative for 10th Straight Month in January 
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock 
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
Wall Street futures steadied on Tuesday evening as investors grew increasingly cautious ahead of Nvidia’s highly anticipated earnings report and a key U.S. labor market update. After a session marked by broad declines, especially across major technology names, traders appeared hesitant to make big moves amid concerns about stretched valuations and shifting expectations for Federal Reserve policy.
Tech stocks remained under pressure as skepticism over the sustainability of artificial intelligence-driven valuations continued to rise. Nvidia, a central force behind the AI boom, slipped 2.8% as markets await its earnings due Wednesday after the bell. While analysts expect another strong quarter from the chipmaker, investors are watching closely to see whether the company can justify its near-$5 trillion valuation and deliver encouraging guidance on AI demand. Growing concerns of a potential AI valuation bubble have weighed heavily on the broader tech sector in recent weeks.
Other tech giants also retreated. AMD dropped 4.3%, TSMC fell 1.5%, and Amazon slid 4.4%. Microsoft and Palantir declined between 2% and 3%, deepening the sector’s pullback. Retail stocks were also under pressure after Home Depot posted weaker-than-expected results, sending its shares down 6%. Lowe’s slipped 2.3%, Walmart fell 1.5% ahead of its own earnings, and Target closed flat.
During the main session, the S&P 500 fell 0.8%, the Nasdaq dropped 1.2%, and the Dow slid 1.1%. Futures showed modest stabilization afterward, with S&P 500 futures edging up less than 0.1%, Nasdaq 100 futures remaining flat, and Dow Jones futures rising 0.1%.
Meanwhile, bets on a Federal Reserve rate cut in December continued to fade. According to CME FedWatch, the probability of a 25 basis-point cut dropped to 43.4%, down sharply from 61.9% last week. With several economic reports delayed due to a prolonged government shutdown, the Fed could enter its December meeting with limited data, increasing the likelihood of maintaining current rates. Investors now turn their attention to Thursday’s September nonfarm payrolls report for insight into labor market conditions and inflation pressures.
