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AI Anxiety and Metal Mayhem Shake U.S. Markets

U.S. stock futures stumbled as renewed doubts about the sustainability of the artificial‑intelligence boom rippled through financial markets. Tech-heavy benchmarks led the decline, with Nasdaq futures sliding and the S&P 500 also moving lower as investors reassessed whether AI-linked valuations have run too far, too fast. The unease wasn’t limited to equities. Precious metals experienced dramatic intraday swings, with gold and silver both whipsawing after a period of rapid gains. Traders pointed to shifting expectations around interest rates and safe‑haven demand as key drivers behind the volatility. The combination of tech-sector skepticism and commodity turbulence has created a tense backdrop for markets. While some investors see the pullback as a healthy reset, others worry it may signal deeper concerns about the durability of the recent rally. Markets now look ahead to upcoming economic data and corporate earnings for clearer direction.
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Trump Eases Global Tariffs but Maintains Stance on Canada



In a surprising move, U.S. President Donald Trump has partially reversed his aggressive tariff policies, pausing the highest levies on several nations for 90 days. However, Canada remains excluded from this reprieve. The baseline 10% tariff on imports to the U.S. persists, alongside specific duties on Canadian goods, including automobiles and energy products.

Trump's decision follows mounting pressure from over 75 countries seeking negotiations to mitigate the economic chaos caused by his "reciprocal" tariff regime. While some nations saw relief, Trump doubled down on tariffs for China, raising them to a staggering 125%.

Canada, meanwhile, has responded with retaliatory measures, including tariffs on U.S. vehicles and other goods. The ongoing trade tensions highlight the complexities of Trump's global trade strategy and its ripple effects on international markets.

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