US equity futures surge as fears over artificial intelligence-driven volatility subside, clearing the way for investors to focus on the Federal Reserve's upcoming January meeting minutes. The minutes, expected to reveal the central bank's stance on interest rates and economic outlook, are closely watched for clues about future monetary policy. Palo Alto Networks shares plummet after the cybersecurity firm warns of weaker-than-expected earnings, signaling potential sector weakness. Amy Wu Silverman of RBC Capital Markets notes a rotation into value stocks amid the market shift.

Simultaneously, the US and Japan finalize a $36 billion investment pact targeting oil, gas, and critical mineral projects, aiming to bolster energy security and reduce reliance on Chinese supply chains. This deal underscores a strategic pivot toward diversified, democratic allies in critical resource development.