Markets wobble as US-Canada trade spat escalates with new tariffs
TL;DR Summary
Stock futures were little changed as U.S.-Canada trade tensions escalated, with new tariffs on Canadian goods taking effect and Canada pledging retaliation, signaling a broader tariff war. Energy prices slipped while bitcoin and gold rose amid rising Treasury yields, and investors looked ahead to Nvidia’s earnings for AI-sector signals and potential Fed guidance at Jackson Hole.
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