European Stocks Fall as Bond Yields and Geopolitical Risks Weigh 
Trump, Xi Focus on Trade and AI at White House Summit 
U.S. Dollar Hits Two-Month High as Oil, Treasury Yields Surge 
US, China Extend Trade Truce to Jan. 10 Ahead of Trump-Xi Summit 
Asian Currencies Mixed as Dollar Holds Near Two-Month High 
Australia Unemployment Hits Five-Year High Despite Strong Jobs Growth 
Asian Stocks Fall as Bond Yields Surge Ahead of Trump-Xi Summit 
Asian Stocks Fall as Surging Bond Yields Rattle Markets 
Wall Street Falls as Treasury Yields Surge, Oil Rebounds on Iran Tensions 
RBI Uses $10 Billion Currency Swaps to Drain Excess Rupee Liquidity 
Mexico-US Trade Talks Delayed to October as Tariff Negotiations Continue 
China’s ‘Lipstick King’ Says AI Won’t Replace Livestream Hosts 
U.S. 10-Year Treasury Yield Hits 2007 High as Fed Rate Hike Bets Rise 
Gold Prices Fall as Treasury Yields Rise on Fed Rate Hike Bets 
Gold Holds Near $4,275 as Rising Treasury Yields Fuel Fed Rate Hike Bets 
Soybean Futures Slip as Traders Await Trump-Xi Trade Signals 
U.S. Treasury Yields Surge as 30-Year Hits 22-Year High 
Add as a preferred source on Google
Wall Street futures dropped sharply Sunday night after the United States and Israel launched coordinated strikes on Iran, intensifying geopolitical tensions and triggering a surge in oil prices. The sudden escalation rattled global financial markets, driving investors away from risk-sensitive assets and into safer alternatives.
By 19:05 ET, S&P 500 Futures had fallen nearly 1.1% to 6,815.75, while Nasdaq 100 Futures declined 1% to 24,737.50. Dow Jones Futures also slid 1.1% to 48,447.0. The decline followed a negative session on Friday, when concerns over artificial intelligence disruptions and persistent inflation pressured U.S. stocks.
Reports indicate that the weekend strikes resulted in significant casualties in Iran, including Supreme Leader Ayatollah Ali Khamenei. Iran responded with retaliatory attacks targeting Israel and several Middle Eastern nations, including Bahrain, Qatar, and the United Arab Emirates. The deepening conflict has heightened fears of a broader Middle East war, particularly as diplomatic negotiations over Iran’s nuclear program had recently stalled.
President Donald Trump stated that military operations would continue until all objectives are met, warning of potential additional American casualties following the deaths of three U.S. service members. Investors are increasingly concerned about the risk of prolonged instability in the region.
Oil prices surged amid worries that the Strait of Hormuz, a critical shipping route responsible for nearly 20% of global oil consumption, could face disruptions. Rising crude prices have added inflationary pressure to an already fragile market environment.
Beyond geopolitical risks, Wall Street has been grappling with ongoing uncertainty surrounding AI-related spending, elevated valuations in technology stocks, and stubborn inflation data. The Nasdaq Composite lost more than 3% last month, while the S&P 500 slipped 0.9% and the Dow Jones Industrial Average remained flat. Strong labor market data and persistent inflation have fueled expectations that the Federal Reserve may keep interest rates higher for longer, further dampening investor sentiment.
