Markets edge up as US-Canada tariff row intensifies ahead of Jackson Hole

1 min read
Source: Yahoo! Finance Canada
Markets edge up as US-Canada tariff row intensifies ahead of Jackson Hole
Photo: Yahoo! Finance Canada
TL;DR

U.S. equities advanced modestly after a day of tariff-driven headlines, with the Dow up about 0.3%, the S&P 500 around 0.2%, and the Nasdaq roughly 0.6%, as Canada retaliated with duties in response to U.S. tariffs. Nvidia earnings and Fed Chair Jerome Warsh’s Jackson Hole speech loom large for market sentiment, while Bitcoin briefly topped $80,000 and oil slipped on tariff headlines. Economic data showed softer new-home sales and consumer confidence, setting a cautious tone ahead of the Fed symposium. DICK’S Sporting Goods fell about 13% after missing expectations and trimming its outlook, and Canada’s TSX rose on financials amid the broader volatility.

Share this article

Want the full story? Read the original reporting

Read on Yahoo! Finance Canada