【US Stock Futures】Dow Futures Down 150 Points, Nasdaq Futures Down 0.4%, Brent Crude Up Over 4%, Rebounding to $104 Level (Continuously Updated)

U.S. stock futures declined Tuesday during Asian trading hours, with Dow futures down 150 points at 47,139, S&P 500 futures down 23 points at 6,732, and Nasdaq futures down 97 points or 0.4% at 24,794. The U.S. will release the ADP employment change weekly report today.

Hong Kong stocks and ADR market updates, see: Next Page

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Market Highlights:

[14:05] Oil prices rebound, Brent crude up over 4%, at $104.8.

[13:48] Dow futures down 150 points, at 47,139; S&P 500 futures down 23 points, at 6,732; Nasdaq futures down 97 points or 0.4%, at 24,794.

[13:25] [AI + Software] Morgan Stanley: AI Disrupts Software Industry; Private Credit Default Rates May Rise to 8%

[13:19] [Iran Crisis] Insight? South Korea’s Jangjin Merchant Ship Sinokor’s Second-Generation Wealthy Rely on Very Large Oil Tanker, Earned $500K in a Day

[13:16] [Oil Price Trend] Oil prices rebound during Asian trading hours, Brent remains above $100. Analysis: “Pulsed” volatility in oil prices; unlikely to stay high long-term amid supply recovery.

[12:52] [Iran Crisis] Reserve Bank of Australia raises interest rate by 25 basis points to 4.1%; warns sustained fuel price surge could boost inflation.

[11:46] [Fed Chair] Court documents show if criminal investigations continue, Powell may remain beyond his term.

[11:23] [AI + Chips] AI drives demand! SK Group Chairman Choi Tae-yoon: Global wafer shortage may persist until 2030.

[10:44] [NVIDIA] NVIDIA collaborates with BYD, Geely, and others to develop Level 4 autonomous vehicles.

[10:22] [Yen Trend] Yen drops to 4.9 against HKD; Japanese Finance Minister reiterates intervention to support yen. Analysis: Bank of Japan’s reluctance to raise rates hampers yen’s weakness.

[09:42] [Gold Price Trend] Gold stabilizes near $5,000; USD weakens, market assesses emergency oil reserve releases.

[08:42] [US Rate Cuts] Morgan Stanley not concerned about oil price surge impact; still expects Fed to resume rate cuts in June and another in September.

[08:25] [Apple] Apple launches AirPods Max 2 over-ear headphones, preorder at ¥4,599 on 3/25, five color options; upgraded H2 chip, noise cancellation 1.5x better.

[08:01] [AI + Recruitment] Elon Musk’s xAI hiring bankers, credit experts to enhance Grok financial strategies.

[07:47] [Xi-Trump Meeting] Trump delays China visit by about a month, citing war and no tricks involved.

[07:28] [AI + NVIDIA] Jensen Huang announces NVIDIA’s NemoClaw “lobster farming” sandbox with security features.

[07:03] [AI + NVIDIA] Huang predicts chip revenue reaching $1 trillion by 2027, possibly conservative.

[06:31] [Iran Crisis] Trump: Uncertain who is in charge in Iran; no one says Mujehtaba is 100% healthy; very unusual (updating).

Below $1 for March 16 U.S. stock market overview====

Monday: Oil drops over 2%, Dow rises 387 points; Trump delays China visit by a month

U.S. dollar index and oil prices decline; NY crude down 5.3%, at $93.5; Brent crude down 2.4%, at $100.66; USD index down 0.6% at 99.8; 10-year U.S. Treasury yield down 0.06%, at 4.216%.

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Due to G7 countries releasing oil reserves, short-term supply is ample, but Iran crisis continues to trouble markets. Trump stated he has postponed his summit with President Xi Jinping by about a month, as remaining in Washington to direct the Iran war is very important to him. The delay reflects Trump’s expectations about the duration of the Iran conflict.

Dow up 387 points, closing at 46,946; S&P 500 up 1% at 6,699; Nasdaq up 1.2% at 22,374.

Foreign media PBS reports Trump says Iran is not ready for a deal, and once the war ends, oil prices will fall rapidly like a rolling stone, believing the war won’t last long. He also said that Iran has extensive infrastructure in Tehran that could be destroyed in an hour, but doing so would require years of rebuilding and cause trauma, so he prefers to avoid it. He mentioned he doesn’t want to damage pipelines on Halek Island, a key oil hub, because destruction would take years to reconnect.

U.S. Treasury Secretary Yellen told CNBC that the U.S. doesn’t mind some Iranian, Indian, and Chinese ships passing through the Strait of Hormuz, considering Iran’s release of ships a natural opening, and hopes global oil supply remains sufficient. Any measures to ease oil prices will depend on how long the Iran conflict lasts.

Key stocks: NVIDIA (US: NVDA) rose 2.6%, closing at $184.93, with Jensen Huang speaking at GTC.

Data center company Nebius (US: NBIS) surged 15.4%, announcing it will provide Meta (US: META) with $12 billion of dedicated computing capacity starting early 2027, with Meta also committing to purchase up to $15 billion more. Meta gained 1.9%.

This week’s focus: U.S. releases February PPI on Tuesday; Federal Reserve meeting results early Thursday. Major central banks like ECB, BoE, and BOJ also meet this week. Micron (US: MU) reports earnings after market close Wednesday.

Hong Kong stocks and ADR market updates, see: Next Page

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Market Highlights:

[22:55] Trump: Once the war ends, oil prices will fall sharply; Dow up 393 points, oil down 1%.

[21:30] Yellen: U.S. doesn’t mind Chinese ships passing through the Strait of Hormuz; Dow up 369 points, oil down 1%.

[18:50] Middle East war enters third week; Dow futures up 152 points, Nasdaq futures up 0.7%; this week is a “super rate decision week.”

[13:47] Dow futures up 226 points, at 47,112; S&P 500 futures up 39 points at 6,724; Nasdaq futures up 147 points or 0.6% at 24,753.

[12:59] [AI + Chips] Tesla to develop its own chips? Elon Musk announces launch of giant AI chip factory “Terafab.”

[12:06] [AI + Gemini] Gemini now available in Hong Kong! Google to expand Gemini to all Hong Kong users, starting with web version, mobile app coming later.

[11:07] [Xi-Trump Meeting] Trump says “possible delay” of meeting with President Xi Jinping.

[10:14] [Iran Crisis] IEA: Over 400 million barrels of emergency oil reserves soon to be released, prioritizing Asia; Europe and America to wait until late March.

[19:28] [Gold Price] Gold falls below $5,000; Middle East war enters third week, oil prices continue to rise.

[11:36] [Iran Crisis] U.S. Energy Secretary: Cannot guarantee oil prices will fall within weeks; focus on military targets first, then seize the strait (updating).

[07:30] [Global Outlook] This week is a “super rate decision week”; Fed likely to keep rates unchanged on Thursday.

[07:30] Tensions in Middle East tighten; U.S. stocks declined last Friday, Dow slightly opened higher, rose up to 446 points, then fell back 183 points, closing at 46,558; down 119 points overall, S&P down 0.61%, Nasdaq down 0.93%.

See U.S. stock close: