U.S. Stocks Rebound Amid Tax-Cut Plan Passage

Gold prices slightly increased amid uncertainty over U.S. tariff policies, with investors awaiting U.S. inflation data for signals on Federal Reserve's monetary policy. U.S. stock futures rebounded following the passage of a $4.5 trillion tax-cut plan in the House, boosting investor confidence, while European markets saw similar gains. In Canada, the S&P/TSX Composite Index rose due to advances in the financial and tech sectors, supported by strong earnings reports from major financial institutions like the Bank of Montreal and Scotiabank. Markets are preparing for key economic data releases and earnings reports from Nvidia, Home Depot, and Lowe's, with a significant focus on the PCE price index, a crucial inflation measure for the Fed. Despite recent sell-offs, U.S. stock futures showed signs of recovery, influenced by tech and communication sectors' performance.