Morningstar
Dow Jones Top Markets Headlines at 3 AM ET: Tech Stocks Lead Major Indexes Higher | Canada ...
xCruzo Brief
Tech stocks pulled major indexes higher in early trading as the benchmark Treasury yield posted its biggest drop since June. The news flow also mixed macro watchpoints with policy developments: Boston Fed President Susan Collins said she was comfortable with the Fed holding interest rates in July, but warned that rates would need continued evidence inflation is cooling. Canada, meanwhile, responded to the U.S. with tariffs on roughly $20 billion of goods, with duties ranging from 15% to 50%. Australia’s inflation rose more than expected in July, adding pressure on the RBA. Markets are also looking ahead to Nvidia’s earnings and the Jackson Hole meeting. BTC eased after topping $80,000.
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