🇺🇸 U.S. Markets

U.S. equities slipped further on Tuesday, with the Nasdaq and S&P 500 hitting more than one‑week lows. Semiconductor stocks led the decline as investors questioned rising debt‑funded AI spending and braced for a more hawkish Federal Reserve.

• Dow Jones: ▼ −47.22 pts (−0.09%) → 51,665.49
• S&P 500: ▼ −107.32 pts (−1.44%) → 7,365.47
• Nasdaq Composite: ▼ −579.56 pts (−2.21%) → 25,587.04
• 10‑year Treasury yield: ▼ −1 bps → 4.495%

🇪🇺 Europe

The Stoxx index closed ▼ −0.7%, reversing early gains. Tech was the biggest drag, falling 3.7% — its steepest daily drop since February.

🌏 Asia

Asia‑Pacific markets traded mixed Wednesday, following the global tech selloff. Analysts warned of renewed volatility.

• Tencent (HK): ▲ +1%
• Regional sentiment remains cautious after semiconductor weakness in the U.S.

🛢️ Commodities

• Brent crude (Aug): ▼ −0.69% → $76.55/barrel Signs that stranded Gulf tankers may resume passage through the Strait of Hormuz.
• Gold: ▼ −1.3% → $4,065/oz

💱 FX

• USD/ZAR: 16.58

🔮 Outlook

U.S. and European futures are mostly lower, reflecting investor caution around Fed policy signals and AI‑driven debt concerns.