U.S. Equities Rebound as Yields Ease and Tech Gains Lead

U.S. equity markets ended a three-session losing streak on Thursday as declining Treasury yields and oil prices boosted investor sentiment. The Nasdaq Composite Index surged 1.7% to close at 26,418.30, while the S&P 500 gained 1.1% to 7,637.76 and the Dow Jones Industrial Average rose 0.6% to 51,778.04. This rebound followed Wednesday's selloff, which occurred after the Federal Reserve implemented its first interest rate hike in three years. According to GN stocks/nasdaq reporting, the shift in market direction was primarily attributed to a drop in the 10-year Treasury yield by 5.7 basis points to 4.947%, which alleviated concerns regarding capital outflows from equities.

Technology stocks dominated the session's gains, with several major players posting significant increases. Intel rose 7.7% following reports of a potential partnership with SK hynix for domestic memory manufacturing. IonQ Inc climbed 9.5% after publishing research on quantum-computing applications for industrial design. Other notable movers included Super Micro Computer up 9.5%, Arm Holdings up 8.6%, Advanced Micro Devices up 6.4%, and Micron Technology up 5.5%. The Magnificent Seven stocks all advanced, with NVIDIA leading the group with a 2.5% increase, followed by Tesla at 2.3% and Amazon at 2.1%. Generac also saw a substantial 18.3% jump on a multi-year deal to supply generators for Amazon data centers.

Macro Drivers Support Market Reversal

The market recovery was further supported by easing energy prices and central bank guidance. Crude oil futures declined 0.4% to $102.01 per barrel after Saudi Arabia announced increased shipments through the Strait of Hormuz, despite ongoing geopolitical tensions. Additionally, a Federal Reserve summary of economic projections released Wednesday indicated that a majority of central bank members expect only one more rate hike this year. This limited outlook for further monetary tightening provided relief to investors who had been bracing for more aggressive policy actions. The combination of lower bond yields and stable energy costs created a favorable environment for risk assets to recover from the previous week's losses.

Singapore Economic Outlook Slows to 2.7%

In Singapore, economic growth is projected to average 2.7% annually from 2026 to 2035, a significant slowdown from the 5.2% growth recorded in 2024 and 2025. This forecast, outlined by Bain & Company, DBS Bank, and Vriens & Partners, reflects demographic pressures weighing on the mature market. Despite the growth moderation, net foreign direct investment inflows reached $193.3 billion in 2025, up from an annual average of $152.3 billion between 2020 and 2024. Singapore captured over 60% of total regional FDI during this period, with gross fixed capital formation standing at $170.2 billion in 2025, driven by public-led construction and semiconductor expansion.

Regional Energy Imports Anchor ASEAN Grid

Singapore’s plan to import up to 6 gigawatts of low-carbon electricity by 2035 aims to support renewable generation and transmission projects across Southeast Asia. The Singapore Sustainable Finance Association notes that these imports could serve as a commercial anchor for the ASEAN Power Grid, particularly for projects linking Singapore with Indonesia and Malaysia. The initiative is expected to generate approximately $5.4 billion in foreign exchange earnings and $268.2 million in tax revenue annually for Indonesia. This strategic move underscores the region's shift toward integrated energy infrastructure to meet growing demand while reducing carbon footprints.