US Equity Futures Fall as Trump Cancels US Trip to Pakistan for Iran Talks; Fed and BOJ Decision In Focus
27 April 2026
📈 S&P 500 Index 7,165.08, (0.80%)↑
📉 Straits Times Index 4,922.86, (-0.43%)↓
📈 Nikkei 225 Index 59,716.18, (0.97%)↑
📈 Gold Spot 4,709.50, (0.33%)↑
😖 Oil rose, the dollar climbed and US equity futures fell as US-Iran peace talks stalled after Trump canceled a planned trip by his top envoys and Tehran refused negotiations under threat. US forces also intercepted a sanctioned Iran-linked vessel in the Arabian Sea on Saturday.
🚨 Asian stocks rose in early trading today while Crude pared its gains after the Axios reported that Iran offered the US a new proposal regarding the reopening of the Strait of Hormuz, with nuclear negotiations postponed for a later stage, according to a US official and two sources with knowledge.
🇺🇸 The man accused of storming the White House Correspondents’ Dinner spent years building up his arsenal. The suspect — Cole Tomas Allen — is believed to have been targeting administration officials, Acting Attorney General Todd Blanche told NBC. He will be charged Monday.
🏛️ Senator Thom Tillis said he’s dropping his blockade of Kevin Warsh’s Fed nomination, saying the DOJ’s decision to end a criminal probe targeting Chair Jerome Powell removed a threat to the central bank’s independence.
🤖 Elon Musk is nearing the launch of X Money, a banking and payments feature designed to turn X into an “everything app,” offering cash back, high-interest savings and free transfers, but regulatory hurdles and skepticism about execution pose challenges.
👀 All eyes will be on the Fed's Rate Decision on 30 April at 02:00 SGT, as well as the BOJ Rate Decision on 28 April. 1Q Earnings season is underway-- with Microsoft, Meta, and Alphabet all reporting Thursday pre-market at SGT. Apple reports Friday pre-market.
🇯🇵 Nomura (-8.99%) fell after 4Q profit missed estimates due to writedowns and a loss in Europe. Rohm (-10.41%) plunged after Denso Corp (+3.51%) said it is considering scrapping its takeover bid. Japanese factory automation sensor maker Keyence (+15.83%) soared to hit the daily limit after beating estimates, citing strong global factory automation demand.
🗣️ Chevron (-1.27%) CEO Mike Wirth told CBS that Venezuela’s policy changes are a step toward attracting foreign investment but not enough to bring in “the level of investment that would be desirable.”
💊 Eli Lilly (-3.67%) fell after industry prescription data showed disappointing total weekly prescriptions for Zepbound and its newly approved oral drug Foundayo.
🔥 Chinese chipmakers rallied on bets that DeepSeek's new V4 Flash and V4 Pro will support demand for local chips. DeepSeek on WeChat said its capacity for the V4 Pro Series is extremely limited due to a computing crunch, but it expects pricing to drop after computing clusters provided by Huawei's Ascend 950 chips launch in 2H this year. SMIC (+10.01%), Hua Hong Semiconductor (+15.18%), Hygon Information Technology (+8.20%). DeepSeek rivals such as Knowledge Atlas Technology JSC Ltd (-9.05%) and Minimax (-9.44%) fell
👉 Intel (+23.64%) surged after its 2Q revenue forecast beat estimates as the company progresses in its comeback plan, with strong demand for its flagship Xeon server CPUs. TSMC-ADR (+5.17%) rallied after regulators raised the single-stock investment cap for domestic equity funds and active ETFs from 10% to 25% of net asset value. Amazon (+3.49%) rose after Meta (+2.41%) agreed to rent hundreds of thousands of Amazon's general-purpose chips for its AI efforts. Procter & Gamble (+2.46%) gained after the household and personal care products company reported organic revenue that beat estimates. Newmont (+8.68%) jumped after the world's largest gold producer beat estimates. Baker Hughes (+6.90%) rallied after the oilfield services company beat estimates, as its industrial and energy technology segment showed strength despite Mideast disruption.
