Energies
U.S. Stock futures declined early Wednesday, with S&P 500 and Nasdaq futures down 0.3% and Dow futures falling 120 points.
The pullback follows Tuesday’s losses that ended recent winning streaks for major indexes. The market had rallied on trade deal progress after Trump’s tariff announcement last month.
Despite falling into bear market territory, all major averages remain higher than their April 2 levels when Trump announced import taxes.
The Consumer Price Index numbers in the UK came today higher than expected at 3.5% on yearly basis compared to the expectations of 3.3%
Most Asian markets rose Wednesday as Wall Street’s winning streak ended. South Korea’s Kospi gained 0.59%, Australia’s S&P/ASX 200 added 0.43%, and Hong Kong’s Hang Seng index rose 0.45%. While Japan’s Nikkei 225 fell 0.24% on slowing exports amid Trump’s tariffsOverall exports grew 2% – the slowest since October, while imports decreased 2.2%. Auto exports to the U.S., Japan’s largest export category at 28.3% of shipments, declined 4.1%
And on the crypto front, The U.S. Senate voted 66-22 late Monday to advance the GENIUS Act, a cryptocurrency regulation bill. Despite initial Democratic opposition over Trump’s crypto ventures, 16 Democrats supported it.
The bill primarily targets stablecoins – cryptocurrencies pegged to assets like the U.S. dollar. Supporters see it as consumer protection that could mainstream crypto payments, while critics warn of weak regulations and unaddressed conflicts of interest.
The bill requires issuers to maintain asset reserves, protecting consumers if many holders try to cash out simultaneously.
Tags
Open Live Account
Please enter a valid country
No results found
No results found
Please enter a valid email
Please enter a valid verification code
1. 8-16 characters + numbers (0-9) 2. blend of letters (A-Z, a-z) 3. special characters (e.g, !a#S%^&)
Please enter the correct format
Please tick the checkbox to proceed
Please tick the checkbox to proceed
Important Notice
STARTRADER does not accept any applications from Australian residents.
To comply with regulatory requirements, clicking the button will redirect you to the STARTRADER website operated by STARTRADER PRIME GLOBAL PTY LTD (ABN 65 156 005 668), an authorized Australian Financial Services Licence holder (AFSL no. 421210) regulated by the Australian Securities and Investments Commission.
CONTINUEError! Please try again.
