Finance

Chipmaker equities faced notable downward pressure, dragging down tech-heavy indexes. Heavyweights like Nvidia dropped nearly 3%, while Micron Technology plummeted 5.8% as Wall Street displays growing anxiety over artificial intelligence valuations and spending right before a massive corporate earnings week.

U.S. Treasury bond yields shifted downward following reports that the government could tap its near $1 trillion General Account to bolster bond buybacks. This structural liquidity adjustment offset safe-haven market ripples stemming from the White House's announcement of an upcoming economic strategy targeting international trade and sanctions.

Automakers and transport companies faced noticeable losses after international trade negotiations abruptly stalled over the weekend. Major firms like Ford and General Motors dropped after warnings emerged that cross-border tariffs on vehicles and auto parts could surge up to 50% by early next year.