The recent phone call between US President Donald Trump and Chinese President Xi Jinping, confirmed by Chinese state media, caused Taiwan's index futures to spike to 21,694 points, before dropping down to 21,600 points. Meanwhile, the US stock market showed limited reaction, with major indices seeing mixed results. Taiwan Semiconductor's American depositary receipts (ADRs) edged up by 0.76%, while Nvidia fell by 0.4%. The market is now set on waiting for specific details from the call and is focused on the forthcoming non-farm payroll data set to be released on Friday. Initial jobless claims in the US have risen for the second consecutive week, reaching the highest level since October, raising concerns about a cooling labor market.

According to KGI Futures, the Taiwan index futures are currently in a technical adjustment phase but are still staying above short-term moving averages, suggesting a potential for recovery. However, to break through resistance levels, the trading volume needs to be observed whether it can maintain above NT$ 350 billion. Night market product pricing shows mini Taiwan index up by 35 points to 21,589 points; electronic futures up by 2.15 points to 1,183.15 points; small electronic futures up by 1 point to 1,182 points; semiconductor futures up by 41 points to 5,680 points; and Taiwan Midcap 100 futures up by 54 points to 18,346 points. Taiwan Semiconductor futures rose by NT$ 1 to NT$ 996, hitting a high of NT$ 1,000 before retreating.