MONEY MASTER

  Key Market Highlights Wall Street:  S&P 500 +0.23%, Nasdaq +0.80%, Dow +0.34% U.S. equities extended gains for a  third straight session , supported by renewed  U.S.–China trade optimism  and expectations of a  Fed rate cut . Nvidia (NVDA.US):  +4.96% → US$201.03 ( record high ) after CEO Jensen Huang unveiled  new AI partnerships  and guided for  US$500 billion cumulative chip revenue by 2026 . Stock rose further  +1.7% after hours . Apple, Microsoft, Alphabet:  Tech rally broadened; $MSFT$ climbed on  OpenAI stake expansion , $AAPL$ touched new highs on  iPhone 17 demand . Fed Watch:  Market expects a  25 bps rate cut  (to 3.75–4.00%) at Wednesday’s FOMC. Bursa Malaysia Overview FBM KLCI:  1,613.56 (−0.30%) Market tracked regional weakness on profit-taking ahead of the Fed decision. Breadth:  751 losers vs 331 gainers;  Volume:  3.86 bn shares worth RM 3.03 bn. Indicator Move...

Asian markets fell on Tuesday as investors reassessed the long-term impact of the new U.S.-EU trade deal and the reality that  higher tariffs are here to stay , raising concerns over global growth and inflation. Key Market Moves MSCI Asia-Pacific ex-Japan:  Down 0.7% Japan’s Nikkei:  -0.8% China Blue Chips:  -0.1% Euro:  Flat at  US$1.1592  after its biggest drop since May (-1.3% overnight) Brent Oil:  +0.1% to  US$70.10 , following a 2.3% jump Monday Tariff Shock The U.S.-EU pact avoided the worst-case scenario but imposed a  15% levy , up sharply from the 1–2% rates before Trump took office. Trump warned of a potential  15–20% “world tariff”  on countries without deals, the highest global rate since the 1930s. JPMorgan economists said the move is “a significant tax increase on EU exports” and “unwinds a century of U.S. leadership in free trade.” Other Market Drivers Oil Prices:  Spiked on Trump’s 10–12 day deadline for R...

  Wall Street Recap U.S. stock indices retreated after hitting record highs earlier in the week: Dow Jones: Down 0.70% (-300 points). S&P 500: Declined 1.32%. Nasdaq Composite: Fell 2.24%. Breaking News in Malaysia Economists Maintain Cautious Optimism for Q4 GDP GDP Growth Outlook: Q4 2024 GDP projected between 4.2% and 5.5% following 5.3% growth in Q3. Growth driven by domestic policies and investments despite risks from U.S. tariffs under President Trump. Key Risks: Global trade concerns could weigh on 2025 GDP projections. PM Anwar’s Peru Visit Secures RM1.24 Billion in Potential Exports Key Sectors: Construction materials, medical equipment, palm oil, chemicals, and food and beverages. Highlights: Focus on logistics and port cooperation to enhance bilateral trade. Investment discussions in food processing, logistics, and pharmaceuticals . Stocks to Watch 1. Malaysia Airports Holdings (AIRPORT.MY) Takeover Bid: Led by Khazanah Nasional and EPF , offering RM11/share, ...