India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out 
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off 
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom 
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility 
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient 
Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality 
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran 
Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions 
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
U.S. stock futures traded slightly lower on Wednesday evening as investors assessed mixed corporate earnings and renewed concerns over U.S.-China trade relations. By 8:18 p.m. ET (00:18 GMT), S&P 500 futures dipped 0.2% to 6,726.25, Nasdaq 100 futures fell 0.2% to 24,986.75, and Dow Jones futures slid 0.3% to 46,641.0.
Major indexes ended the regular session in the red, with the S&P 500 down 0.5%, the Dow Jones Industrial Average dropping 0.7%, and the Nasdaq Composite losing 0.9%. Tech stocks were among the biggest drags, led by Tesla’s post-earnings slump. The electric vehicle giant (NASDAQ: TSLA) reported record revenue of $28.1 billion, slightly above expectations. However, net income plunged 37% as higher research spending and tariff-related costs eroded margins. The sales boost came largely from consumers rushing to claim the $7,500 federal EV tax credit before its expiration on September 30. Tesla shares fell 1% during the session and slid another 4% after hours.
General Electric’s spinoff GE Vernova (NYSE: GEV) disappointed investors with weaker-than-expected profits, while IBM (NYSE: IBM) reported earnings that exceeded forecasts but warned of slowing growth in its hybrid-cloud business. IBM shares fell about 5% in extended trading. Meanwhile, Apple (NASDAQ: AAPL) dropped 1.7% after reports from Nikkei indicated it is sharply cutting production of its iPhone Air model.
Investors now await U.S. consumer inflation data due Friday, which could influence the Federal Reserve’s next policy decision.
Adding to market pressure, Reuters reported that the Trump administration is considering new export restrictions on goods made with U.S. software bound for China. The move, aimed at countering Beijing’s rare earth export curbs, could impact industries from semiconductors to aerospace, signaling a potential escalation in trade tensions ahead of President Trump’s expected meeting with Chinese President Xi Jinping.
