Asian Stocks to Rise as Fed’s Rate Cut Lifts Mood: Markets Wrap
December 10, 2025 at 10:19 PM UTC
Updated on
December 11, 2025 at 5:17 AM UTC
The global equity markets experienced a surge following the Federal Reserve's decision to cut interest rates, but this momentum was short-lived. The rally was dampened by disappointing results from Oracle Corp., a tech giant, which cast a shadow over the tech sector. The market's focus then shifted to the US central bank's outlook for further monetary easing in the coming year.
The Nasdaq 100 futures took a hit, dropping more than 1.5%, while the Asian technology stocks sell-off led to a reversal of earlier gains in the region's equity gauge. The S&P 500 futures also fell by 0.8%. Oracle's shares, closely tied to the artificial intelligence boom, plummeted more than 10% in extended US trading after their cloud sales in the second quarter fell short of analysts' expectations. This decline signaled a waning risk appetite, as evidenced by the 2% drop in Bitcoin prices.
Despite the initial boost from the Fed's rate cut, the market's sentiment turned cautious, with investors reassessing their positions in the face of Oracle's disappointing performance. The question now is whether the market will recover and continue its upward trajectory, or if the recent volatility will persist as investors await further central bank actions.