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Donald TrumpsanctionsRussiaXAUUSDSPY
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Related tickers and likely impact
SPY
▲ Likely positiveSPDR S&P 500 ETF
Relevance: low
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/16/2026 | 763.31 |
| Change that session | -1.10% |
XAU/USD
▼ Likely negativeRelevance: low
| Market | Gold |
|---|---|
| Close on 10/16/2026 | 4,165.63 |
| Change that session | -0.13% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Asian stocks skid , Wall Street and bonds aided by oil slip
Asian shares fell on Monday, October 19, as worries about AI's huge funding needs weighed ahead of a busy earnings week, while the euro eased after rioting in France. Oil prices dropped after Trump waived some Russia sanctions, though he later said no final decision had been made, with Brent down 1.6% to US$108.06 a barrel; Iran also reported another tanker hit a mine in the Strait of Hormuz. Tech weakness hit Asia, with Japan's Nikkei down 2.0% and South Korea down 1.6%, after the PHLX Semiconductor Index shed 11.4% last week, its longest losing streak since 2008. Goldman Sachs estimates five AI hyperscalers will lift capital spending to about US$1.2 trillion next year, while AMP economist My Bui warned that rising yields raise financing costs. Gold rose 0.4% to US$4,181 an ounce as yields fell.
- Trump waived key Russian sanctions ; US equity futures set to open firmer - Newsquawk US Market Open
President Trump signed an executive order waiving certain Graham Act sanctions, restrictions and duties on Russian energy revenues, which weighed on energy benchmarks, while Russian President Putin reportedly proposed a meeting with Trump and Xi to discuss ending the war. European shares fell, with the STOXX 600 down 0.8%, as Dutch TTF gas rose to its highest since 2022 and protests spread across eurozone countries, while US equity futures were firmer. The euro lagged, with EUR/USD below 1.12 and the OAT-Bund spread widening to about 144bps, while the Australian dollar outperformed after strong Q3 GDP, industrial production and retail sales data from China. Money markets priced a 14% chance of a Fed hike next week and 75% for a hike in December, with the Fed in its blackout period ahead of its meeting.
- Trump waives new Russia sanctions
President Donald Trump has temporarily waived for 60 days some sanctions targeting Russia's energy sector and economy, saying he is negotiating peace in the war with Ukraine and does not want to push Russia away from the bargaining table. The waived measures come from the bipartisan Lindsey Graham Act, passed last month, which also targets Russian President Vladimir Putin, senior military leaders, Russian financial institutions, a “shadow fleet” of oil tankers, and countries buying Russian oil and gas, including China and India. Secretary of State Marco Rubio said the pause is meant to see whether ongoing talks can lead to a positive outcome. Ukrainian President Volodymyr Zelenskyy called the decision “unfortunate” and a historic mistake, and bipartisan lawmakers also criticized it. The move comes as U.S. gas prices have risen more than 34% year over year.
- Asian shares are mixed with tech stocks volatile , and oil falls on Trump Russian sanctions waiver
- Asian shares are mixed with tech stocks volatile , and oil falls on Trump Russian sanctions waiver
- Asian shares are mixed with tech stocks volatile , and oil falls on Trump Russian sanctions waiver
Asian shares were mixed on Monday as tech stock volatility persisted, while U.S. equity futures edged higher. Oil fell more than 2% after President Trump waived sweeping sanctions on Russia, including on its energy sector, likely meaning more Russian energy exports; Brent fell 2.5% to $107.16 a barrel. South Korea's Kospi rose 1.8% to 5,768.01 but is down more than 17% over the past month and well below the 9,000 mark it crossed in June; Japan's Nikkei 225 lost 0.6% to 64,916.70, while Shanghai rose 0.4% after China reported 4.5% growth in the July-September quarter. Indonesia's index sank to its lowest since 2020 after MSCI warned it would downgrade the country from emerging market status, and the 10-year U.S. Treasury yield eased to about 5.07% from a 5.35% peak earlier this month, the highest since 2002.
Related markets
Latest news
- Why Meta's Q3 earnings could be a little hard to interpret
Meta is reporting its third-quarter earnings after the market closes Wednesday, and Yahoo Finance's Brian Sozzi says the report will be hard to interpret. Recent good news on Meta's AI products, including new models and an AI agent, may not appear directly in the results but will likely be discussed on the earnings call. The key uncertainty is how investors will react if Meta raises its capex outlook again: it could be seen as fueling those products, or as overspending on offerings not yet reflected in financials. Sozzi expects the market to give Meta the benefit of the doubt on higher capex, as long as the increase does not shock investors.
- Zerohash rolls out a new tool to move crypto without copying wallet addresses
Zerohash launched AUTH, a service that lets users move crypto, stablecoins and blockchain-based stock tokens between linked exchange accounts or self-custody wallets without copying wallet addresses or choosing a blockchain network. To transfer, users pick an account in an app that offers AUTH, sign in and approve the move, while the service handles routing and settlement and each app sets which assets and transfer types it allows. AUTH supports more than 600 connections, including Coinbase, Robinhood, Gemini, MetaMask and Phantom, with Coinbase, Robinhood and Gemini live and Kraken in beta. The launch comes as Zerohash's application for a national trust bank charter, returned by the Office of the Comptroller of the Currency in July, remains pending after a narrower refiling on Aug. 18.
- 2 charts show why Wall Street is right to worry about tech stocks
Rising cost of capital could affect the financial statements of hyperscalers such as Oracle (ORCL) and Google (GOOG, GOOGL) in 2027, as they need fresh debt to fund AI infrastructure and free cash flow may turn negative. JPMorgan strategist Mislav Matejka forecasts hyperscaler free cash flow will turn negative in 2027, implying credit markets will drive more of the AI build-out. Consensus estimates for 2027 capital expenditures are already rising from levels experts believe are too low. Morgan Stanley sees total 2027 capex among hyperscalers reaching $1.6 trillion, up from $978 billion estimated for this year. Dan Ives of Yorkville expects capex to reach the trillions and over 1,000 datacenters to be built in the next few years.
- Update on loan rate cuts as of the evening of Oct 19: MB, VietinBank, SHB, OCB join in
SHB, MB, VietinBank and OCB have announced loan rate cuts, following Agribank, Vietcombank, BIDV, ACB, LPBank and VietBank, with typical reductions of 1.5-2% per year. MB is cutting 1.5% per year for five priority sectors, to rates from 7.9% per year, and up to 2% in some cases; VietinBank is cutting up to 2% per year, while OCB offers up to 2.25% per year on some medium- and long-term loans for OCB Priority Banking members. SHB is cutting 1.5-2% per year for businesses and households and offers rates from 5.5% per year for lecturers and students at some universities. Vietcombank commits to cutting at least 2% through year-end, BIDV applies rates from 6% per year on short-term VND loans from 15/10/2026, and VietBank runs a VND 3,000 billion package. Specific benefits depend on borrower type, loan purpose, term and program conditions, following directives from the Government and the State Bank of Vietnam.
- Nvidia wins CPU business from Modal, previously exclusive to AMD and Intel
Modal, a San Francisco-based AI cloud startup that previously ran its AI agent workloads only on Intel and AMD processors, will begin using Nvidia's new Vera CPU. Early tests showed the Nvidia chip doubled work capacity for AI agents, and Modal plans to run it alongside Intel and AMD chips, assigning each task to the most efficient hardware, though integration requires substantial software changes. Modal recently raised $750 million in a round led by Accel at a $15.75 billion valuation and expects $1 billion in sales over the next year, with usage tripled and revenue up more than 15 times year-over-year. Nvidia projects at least $20 billion in Vera chip revenue this fiscal year in a market it estimates at about $200 billion, and says OpenAI, Anthropic, Oracle and Perplexity also plan to use the chips.
- America's EV Plans Have Died
Billions of dollars went into EV factories, dealerships and marketing after President Biden set a goal for 50% of new US car sales to be zero-emission by 2030, but EV sales have since fallen sharply. US EV sales dropped 30.7% in the first nine months of 2026, after the $7,500 tax credit expired on September 30 last year, and gas prices near $4.50 per gallon have done little to lift them. According to Kelley Blue Book, the average transaction price of a new EV was $54,754 in August, above the $50,089 average for all new cars. Ford's EV sales fell 80.2% to 6,047 in the third quarter, and it has no new EV planned until its Fathom launches next year, while Tesla holds over 50% of the market and no other major automaker has even 10%. The article says EVs could recover if gas prices reach $5 and stay there for months, but that is uncertain.
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