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Market Jitters Return as Cooler CPI Surprises Wall Street

A softer‑than‑expected U.S. Consumer Price Index reading sent a ripple through financial markets today, creating an unusual dynamic: good news on inflation, but renewed pressure on major stock indexes. A Cooling CPI, but a Nervous Market The latest CPI report showed inflation easing more than economists anticipated. Under normal circumstances, that would be a welcome sign—suggesting the Federal Reserve may have more room to consider rate cuts later in the year. But markets don’t always behave logically in the moment. Today, the S&P 500, Dow Jones Industrial Average, and Nasdaq all slipped as investors reassessed what the data means for corporate earnings, interest‑rate expectations, and the broader economic outlook. Why Stocks Reacted This Way Several factors contributed to the pullback: Profit‑taking after recent market highs Concerns that cooling inflation reflects slowing demand Uncertainty about the Fed’s next move , even with softer price pressures Sector rotation ...
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TSX Futures Slide Amid Global Market Turmoil

 

Futures linked to Canada’s main stock index took a tumble on Tuesday, echoing the brutal sell-off seen across global markets on Monday. The trigger? Recession fears in the United States.

September futures on the S&P/TSX index were down 1.8% at 6:48 a.m. ET (10:48 GMT). Investors worldwide scrambled toward safe-haven assets after weaker U.S. economic data last week raised concerns about a recession in the world’s largest economy.

While investor sentiment was partially soothed by a rebound in U.S. services sector activity and signals of rate cuts from Federal Reserve policymakers, the benchmark U.S. S&P 500 and Nasdaq both closed 3% lower on Monday.

Canadian markets were closed for a holiday, but attention remains on domestic employment figures due later this week and a host of Fed policymakers scheduled to speak throughout the month.

In corporate news, Suncor Energy and iA Financial are set to report their quarterly figures after the closing bell today.

Commodities at 6:48 a.m. ET:

  • Gold futures: $2,423 (+0.5%)
  • U.S. crude: $73.32 (+0.5%)
  • Brent crude: $76.62 (+0.4%)

Stay tuned for further updates as the market volatility continues.





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