Global markets mixed as S&P 500 futures hold steady and Asian stocks rally
The post Global markets mixed as S&P 500 futures hold steady and Asian stocks rally appeared on BitcoinEthereumNews.com. Markets around the world went two separate ways Tuesday as S&P 500 futures barely moved while Asian indexes shot higher. According to CNBC, S&P 500 futures dipped just 0.02% early in the day, with Dow Jones futures flat and Nasdaq 100 futures slipping 0.03%. This quiet open followed a wild Monday where all three major U.S. indexes, including the S&P 500, closed at new all-time highs after three straight winning sessions. The rally kicked in late Monday after Nvidia shares surged nearly 4%. The company announced it would be putting $100 billion into OpenAI to build out new data centers. That one line sent tech stocks flying, pushing the S&P 500 and its cousins to more intraday records. Chip stocks jump in Europe but ASMI slashes guidance European markets followed the tech hype early Tuesday. The Stoxx 600 went up 0.3% by mid-morning in London, and most sectors were in the green. Chip names like Be Semiconductor rose 0.8%. Infineon jumped 1.8%. STMicro added 2.1%. All of them got a boost from the Nvidia-OpenAI move. But not every tech stock climbed. ASMI and ASML both took hits. ASMI dropped 2.6% after cutting its forecast for the rest of 2025. ASML slid 1.4% in the same breath. Traders didn’t want anything to do with lowered chip equipment sales. In the bond market, U.S. Treasury yields edged lower ahead of Federal Reserve comments expected later in the day. Fed Chair Jerome Powell is set to speak, and markets are watching closely. The 10-year yield dropped a basis point to 4.133%. The 2-year held at 3.599%. The 30-year slipped to 4.75%. Over in Asia, tech optimism fueled strong gains. Taiwan’s Taiex index jumped 1.42%, closing at 26,247.37, a new record. Australia’s ASX/S&P 200 climbed 0.4% to 8,845.9. South Korea’s Kospi rose 0.51% to…
The post Global markets mixed as S&P 500 futures hold steady and Asian stocks rally appeared on BitcoinEthereumNews.com.
Markets around the world went two separate ways Tuesday as S&P 500 futures barely moved while Asian indexes shot higher. According to CNBC, S&P 500 futures dipped just 0.02% early in the day, with Dow Jones futures flat and Nasdaq 100 futures slipping 0.03%. This quiet open followed a wild Monday where all three major U.S. indexes, including the S&P 500, closed at new all-time highs after three straight winning sessions. The rally kicked in late Monday after Nvidia shares surged nearly 4%. The company announced it would be putting $100 billion into OpenAI to build out new data centers. That one line sent tech stocks flying, pushing the S&P 500 and its cousins to more intraday records. Chip stocks jump in Europe but ASMI slashes guidance European markets followed the tech hype early Tuesday. The Stoxx 600 went up 0.3% by mid-morning in London, and most sectors were in the green. Chip names like Be Semiconductor rose 0.8%. Infineon jumped 1.8%. STMicro added 2.1%. All of them got a boost from the Nvidia-OpenAI move. But not every tech stock climbed. ASMI and ASML both took hits. ASMI dropped 2.6% after cutting its forecast for the rest of 2025. ASML slid 1.4% in the same breath. Traders didn’t want anything to do with lowered chip equipment sales. In the bond market, U.S. Treasury yields edged lower ahead of Federal Reserve comments expected later in the day. Fed Chair Jerome Powell is set to speak, and markets are watching closely. The 10-year yield dropped a basis point to 4.133%. The 2-year held at 3.599%. The 30-year slipped to 4.75%. Over in Asia, tech optimism fueled strong gains. Taiwan’s Taiex index jumped 1.42%, closing at 26,247.37, a new record. Australia’s ASX/S&P 200 climbed 0.4% to 8,845.9. South Korea’s Kospi rose 0.51% to…
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