S&P 500 index futures extended gains, up 0.4% and trading at intraday highs.

India's government said talks with the US are focused on exploring ways to reach an interim agreement, which it will treat as an important milestone toward a comprehensive bilateral trade agreement.

South Korea's Kospi has reached extreme volatility levels that investors liken to meme-stock episodes. Retail demand has surged: the Kospi has recorded 20 trading days this year with closing moves of at least 5%, versus 2 days in all of 2025. Samsung Electronics has had eight trading days with moves of 10% or more this year (0 in 2025); SK Hynix has had 11 such days (2 in 2025). Heavy retail buying of single-stock leveraged ETFs and the outsized influence of the two mega-cap chip names are amplifying swings. Goldman estimates a 5% move in Korean equities could trigger about $4.7bn of ETF rebalancing flows as options dealers hedge, roughly one-eighth of a normal trading day’s turnover.