Global News Update: February 3, 2026
Good morning. It is 5:40 AM on Tuesday, February 3rd, 2026. Here is your fast-track finance update.
The partial U.S. government shutdown has entered day four. However, a resolution is imminent. The House of Representatives returns today to vote on the Senate-passed funding package. A successful vote would reopen agencies like Homeland Security and Treasury by tonight, restoring the flow of critical economic data that investors have been desperate for.
Global trade just saw a massive shift. President Trump has announced a "Reciprocal Trade Deal" with India, slashing U.S. tariffs on Indian goods to 18% in exchange for zero tariffs on U.S. products. The news sent Indian markets soaring overnight, with the Nifty index jumping nearly 600 points on the open.
On Wall Street, it is judgment day for Big Tech. Alphabet and Amazon report earnings later today. After last week's mixed bag from Microsoft, the market is demanding concrete proof that the billions poured into AI infrastructure are actually generating profit.
Finally, a quick check on commodities: Gold has stabilized after yesterday's sell-off, while oil is ticking higher on the renewed trade optimism.
That is your morning briefing. Stay sharp.