Policy Risks Pressure Asian ChipmakersAsian technology stocks and semiconductor makers fell sharply on Friday following a Wall Street Journal report that the U.S. administration is considering new measures to reduce reliance on overseas semiconductors. The proposed policy would force U.S. technology firms to match domestic chip production with imports or …

The U.S. economy expanded more strongly than initially thought in the second quarter, but analysts warn that momentum is already cooling under the weight of tariffs and policy uncertainty. Stronger Q2 Growth on Imports and Spending The Commerce Department’s Bureau of Economic Analysis (BEA) revised second-quarter GDP growth up to …

The U.S. labor market showed surprising resilience last week as first-time jobless claims fell more than expected, while a stronger-than-initially-reported economic expansion in the second quarter added to signs of underlying growth momentum. Jobless Claims Beat Expectations For the week ending September 20, initial unemployment claims dropped to 218,000, down …

U.S. stock index futures traded around the flatline early Thursday as investors awaited weekly jobless claims and GDP figures for cues on the Federal Reserve’s next steps, while political gridlock in Washington fueled concerns of a potential government shutdown. At 05:55 ET (09:55 GMT): Dow Jones Futures rose 65 points, …

Gold prices steadied in Asian trading on Thursday, pausing after slipping from record highs as a stronger U.S. dollar and cautious signals from Federal Reserve officials curbed momentum. By 03:01 ET (07:01 GMT), spot gold rose 0.2% to $3,713.42 an ounce, while U.S. gold futures for December edged 0.1% higher …

European equity markets slipped on Thursday, following Wall Street’s overnight losses, as investors exercised caution ahead of critical U.S. economic reports that could determine the Federal Reserve’s next policy moves. At 07:10 GMT, Germany’s DAX fell 0.6%, France’s CAC 40 shed 0.7%, while the UK’s FTSE 100 managed to rise …

Oil prices slipped slightly in Asian trade on Thursday, consolidating after a strong rally in the previous session, as traders weighed tighter U.S. supply signals against persistent geopolitical tensions surrounding Russia. At 01:23 GMT, Brent crude futures for November delivery fell 0.3% to $69.09 per barrel, while West Texas Intermediate …

Asian equities traded cautiously on Thursday, following two straight sessions of losses on Wall Street, as investors weighed stretched valuations in U.S. tech stocks and looked ahead to a packed U.S. economic calendar that could influence the Federal Reserve’s policy path. At 04:00 GMT, U.S. stock index futures edged slightly …

U.S. stock index futures gained slightly in early Wednesday trade, consolidating after the previous session’s pullback that ended Wall Street’s streak of record highs. At 04:15 ET (08:15 GMT), Dow Jones Futures rose 70 points (0.2%), S&P 500 Futures gained 13 points (0.2%), and Nasdaq 100 Futures climbed 80 points …

The U.S. dollar firmed on Wednesday, recovering from near one-week lows after Federal Reserve Chair Jerome Powell reiterated a cautious stance on the outlook for monetary easing. Markets, however, still priced in two more quarter-point rate cuts this year, keeping traders focused on incoming inflation data. Dollar Index and Major …