Overnight US stocks | The three major indices fell, while Tesla, Inc. (TSLA.US) rose by 3.7%.

On Tuesday, the three major indices fell. Trump's trade policy on tariffs was uncertain, and the report on job vacancies in the U.S. indicated a weak labor market with hiring slowing down. Data released by the U.S. Labor Department's Bureau of Labor Statistics showed that by the end of January, the number of job vacancies in the U.S. increased by 232,000 to reach 7.74 million. December's data was revised down to 7.508 million, lower than the previously reported 7.6 million. [US Stocks] At the close, the Dow fell 478.23 points, or 1.14%, to 41,433.48; the Nasdaq fell 32.23 points, or 0.18%, to 17,436.1; the S&P 500 fell 42.49 points, or 0.76%, to 5,572.07. Tesla, Inc. (TSLA.US) rose 3.7%, NVIDIA Corporation (NVDA.US) rose 1.6%, Apple Inc. (AAPL.US) fell 2.9%. The Nasdaq Golden Dragon Index rose 2.8%, Alibaba Group Holding Limited Sponsored ADR (BABA.US) rose 4.9%, and "U Xiao Li" performed well, with NIO Inc. Sponsored ADR Class A car (NIO.US) rising nearly 17%. [European Stocks] Germany's DAX30 index fell 280.09 points, or 1.24%, to 22,327.06; the UK's FTSE 100 index fell 105.24 points, or 1.22%, to 8,494.98; France's CAC40 index fell 105.69 points, or 1.31%, to 7,941.91; the Euro Stoxx 50 index fell 77.03 points, or 1.43%, to 5,309.95; Spain's IBEX35 index fell 197.74 points, or 1.51%, to 12,872.56; Italy's FTSE MIB index fell 519.82 points, or 1.36%, to 37,706.00. [Asia-Pacific Stock Market] The Nikkei 225 index fell 0.64%, the KOSPI index in South Korea fell 1.28%, and the Composite Index in Indonesia fell 0.79%. [Foreign Exchange] The US dollar index against six major currencies fell 0.66% to close at 103.293 in the forex market. At the close of the New York forex market, 1 euro exchanged for 1.0926 US dollars, up from 1.0824 US dollars the previous trading day; 1 pound exchanged for 1.2956 US dollars, up from 1.2870 US dollars the previous trading day. 1 US dollar exchanged for 147.90 Japanese yen, up from 147.28 Japanese yen the previous trading day; 1 US dollar exchanged for 0.8825 Swiss francs, up from 0.8817 Swiss francs the previous trading day; 1 US dollar exchanged for 1.4410 Canadian dollars, down from 1.4458 Canadian dollars the previous trading day; 1 US dollar exchanged for 9.9925 Swedish Krona, down from 10.1373 Swedish Krona the previous trading day. [Cryptocurrency] Bitcoin broke through $83,000 per coin, rising 5.61% intraday; Ethereum rose over 4%, trading at $1,947.59. [Gold] Spot gold rose over 1% intraday, now trading at $2,919.7 per ounce; spot silver rose by 2%, trading at $32.74 per ounce. [Oil] International oil prices rose on the 11th. At the close of the day, light crude oil futures for delivery in April on the New York Mercantile Exchange rose by 22 cents to $66.25 per barrel, up 0.33%; Brent crude oil futures for delivery in May rose by 28 cents to $69.56 per barrel, up 0.4%. [Macro News] White House official: Cancel 50% steel and aluminum tariffs on Canada. Peter Navarro, a White House trade adviser, said on Tuesday afternoon local time that President Trump will not increase import tariffs on Canadian steel and aluminum to 50% on Wednesday. Six hours ago, Trump announced plans to double the 25% import tariffs on Canadian metals, in response to Ontario imposing a 25% surcharge on U.S. exports of electricity (which was canceled after Trump's threat), and Ontario's move itself was in retaliation for Trump's 25% tariffs on Canadian imports. Navarro also stated that the 25% tariffs on all imported steel and aluminum will be implemented at midnight on the 12th and will not have any exemptions. Morgan Asset Management bets on emerging markets as the exception to the U.S. peak. Morgan Asset Management is betting on emerging markets from Latin America to Eastern Europe, as signs of cooling in the world's largest economy force investors to look outside the U.S. market. Bob Michele, global head of fixed income at the company, said that the exposure of the $3.5 billion Global Bond Opportunities Fund to emerging markets is "slightly above average" and could be even higher. He stated that external and local emerging market bonds and currencies are "gems" that can bring double-digit returns this year. U.S. small business optimism fades as more companies turn to price hikes. The optimism of U.S. small businesses fell to a four-month low in February, with an uncertainty index nearing record highs and business owners becoming increasingly uneasy about tariffs. The Small Business Optimism Index of the National Federation of Independent Business (NFIB) fell by 2.1 points last month to 100.7 points, with 7 out of 10 sub-indices weakening, and the economic outlook index showing the largest decline since March 2022. The proportion of business owners who believe now is the time to expand their business, such as Hershey Company, saw the largest drop since April 2020, and an index of capital expenditure plans hit a five-year low. Ukraine agrees to a 30-day ceasefire, and the U.S. will resume intelligence sharing. The U.S. and Ukraine stated in a joint declaration that in talks with U.S. officials in Saudi Arabia, Ukraine agreed to an immediate 30-day ceasefire with Russia. Secretary of State Rubio stated that he will make an offer to Russia, and now it is up to Moscow. Ukraine andU.S. officials held a closed-door meeting and, after over eight hours of talks, issued a joint statement, stating that Ukraine is willing to accept the U.S.' proposal for an immediate 30-day temporary ceasefire, which could be extended if all parties agree, but it must be accepted and implemented by Russia. "The U.S. will convey to Russia that reciprocity is key to achieving peace," the statement noted. According to the statement, the U.S. will immediately lift the suspension of intelligence sharing and resume security assistance to Ukraine. The two sides also agreed that Washington and Kiev will work to quickly reach a comprehensive agreement on the development of Ukraine's critical mineral resources, which has been in the works for several weeks but has been stalling due to the intense meeting between U.S. President Trump and Ukrainian President Zelensky at the White House last week.Individual Stock News Exxon Mobil Corporation (XOM.US) The eighth Guyana project will produce 1.5 billion cubic feet of natural gas per day. The Exxon Mobil Corporation group reported to the US government on Tuesday that a consortium led by it will produce up to 1.5 billion cubic feet per day of natural gas and 290,000 barrels of gas condensate through a floating production facility with fuel export capabilities in Guyana for its eighth energy project. The Exxon Mobil Corporation Longtail project includes the development of mineral resources in areas such as Longtail, Tripletail, and Turbot off the coast of Guyana, and the company has already submitted an environmental authorization application, which has been announced by the Guyana government. Oracle Corporation (ORCL.US) expects sales to grow by 15% next fiscal year, with AI and cloud businesses playing a crucial role. Oracle Corporation forecasted on Tuesday that sales for the next fiscal year will grow by 15% due to the expansion of cloud services and investments in artificial intelligence. According to data from the London Stock Exchange Group (LSEG), this guidance exceeds analysts' estimated growth expectation of 12.6%. Oracle Corporation is catching up to Microsoft Corporation and Amazon.com, Inc. in this market segment by integrating AI into its cloud solutions and developing its data center infrastructure.