Facebook Pixel US equity futures inch up after tech rout; gold climbs | Business World Philippines - newspaper - Read this story on Magzter.com
Go Unlimited with Magzter GOLD

Go Unlimited with Magzter GOLD

Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just

$149.99
 
$74.99/Year

Try GOLD - Free

US equity futures inch up after tech rout; gold climbs

Business World Philippines

|

December 16, 2025

US EQUITY-INDEX futures rose as the final full trading week of 2025 began, after worries over earnings of technology companies and heavy artificial intelligence (AI) spending sparked a selloff on Wall Street.

Contracts for the S&P 500 and the Nasdaq 100 indexes advanced 0.2%, after the gauges retreated more than 1% Friday, along with tech stocks. Asian shares fell on Monday, with South Korea — a poster child for AI exuberance — slipping 1.3%. Futures also indicated gains for European stocks at the open.

Global risk appetite has been ebbing amid skepticism that tech stocks, which have propelled global benchmarks to record highs, can continue to warrant their lofty valuations and aggressive AI spending. Much of that investment reflects a long-term bet on technologies that may take years to generate meaningful commercial returns, adding to near-term uncertainty.

MORE STORIES FROM Business World Philippines

Business World Philippines

London copper prices retreat as inventories rise, confusion swirls on tariffs

Copper prices pulled back on Monday as inventories extended their rise and investors puzzled over the future of US tariffs and Chinese trading ahead of reopening after a holiday.

time to read

1 mins

February 25, 2026

Business World Philippines

GlobalSource: Rate cut a 'wake-up call' to Malacañang, Congress

THE BANGKO SENTRAL ng Pilipinas’ (BSP) recent policy rate reductions may fall short in boosting the economy amid slow monetary policy transmission and persistent structural issues that hinder growth, GlobalSource Partners said.

time to read

3 mins

February 25, 2026

Business World Philippines

GSIS looks to improve its lending programs

THE GOVERNMENT Service Insurance System (GSIS) plans to make its lending programs more competitive versus those offered by private creditors as it looks to boost its investment income.

time to read

2 mins

February 25, 2026

Business World Philippines

Banks’ trust assets grow to P5.7 trillion

THE Philippine banking system’s trust assets ended at a record high of P5.696 trillion in 2025 amid the continued expansion of unit investment trust funds (UITFs), data from the Bangko Sentral ng Pilipinas (BSP) showed.

time to read

2 mins

February 25, 2026

Business World Philippines

Wall Street plunges amid AI displacement fears and revived tariff angst

Wall Street stocks tumbled on Monday, as ongoing fears of artificial intelligence (AI)-related disruption and the fallout from Friday’s US Supreme Court ruling sent investors fleeing from high-risk equities.

time to read

2 mins

February 25, 2026

Business World Philippines

Marcos to accelerate reforms as growth falters

THE ADMINISTRATION of Philippine President Ferdinand R. Marcos, Jr. is accelerating structural reforms and diversifying trade ties to shield the economy from global volatility following sluggish economic growth last year.

time to read

2 mins

February 25, 2026

Business World Philippines

ASEAN to discuss unified stand on US tariffs

THE PHILIPPINES is eyeing to lead the regional discussions to come up with a unified stance on the US reciprocal tariffs through its Association of Southeast Asian Nations (ASEAN) chairship, the Department of Trade and Industry (DTI) said.

time to read

3 mins

February 25, 2026

Business World Philippines

Business World Philippines

PHL faces climate-related credit risk

THE PHILIPPINES is among the countries most vulnerable to climate-related credit risks as extreme weather imperils the country’s economic and fiscal stability, Fitch Ratings said.

time to read

2 mins

February 25, 2026

Business World Philippines

House body to start Sara impeachment review

THE House of Representatives Justice Committee will begin reviewing the merits of impeachment complaints against Philippine VicePresident Sara Duterte-Carpio next week, its chairwoman said on Tuesday, marking the first formal step in determining whether efforts to remove her from office have sufficient basis.

time to read

1 mins

February 25, 2026

Business World Philippines

Meta executive warned Facebook Messenger encryption plan was ‘so irresponsible,’ shows court filing

Meta executives proceeded with a plan to encrypt the messaging services connected to its Facebook and Instagram apps despite internal warnings that it would hinder the social media giant’s ability to flag child-exploitation cases to law enforcement, according to internal company documents filed in a New Mexico state court case.

time to read

2 mins

February 25, 2026

Listen

Translate

Share

-
+

Change font size