Global Stocks Mixed as Fed Rate Decision Nears, Future Cuts Unclear

• Global stock markets traded mixed on Tuesday, driven by uncertainty over the US Federal Reserve's future interest rate plans.
• Traders anticipate a US rate reduction, but focus is on the Fed's "dot plot" for monetary policy projections into 2026.
• Expectations for next year's rate cuts have softened from three to two, influenced by recent inflation readings.
• Trump announced an agreement with China allowing Nvidia to export advanced AI chips, reversing Biden-era restrictions.
• Paramount launched a $108.4 billion all-cash tender offer for Warner Bros. Discovery, challenging Netflix's bid.

Why It Matters: Fed rate uncertainty impacts global markets and investor decisions.