Bonds & Stocks
Technology stocks dragged down the equity market in a risk-off start to a week stacked with high-stakes geopolitical and economic events. The S&P 500 fell 0.4%. The yield on 10-year Treasuries declined three basis points to 4.70%.
Economy
US President Donald Trump pledged to double the auto tariff on Canadian vehicles and parts starting next year, escalating the spiraling trade fight between the two economies.
World
US Treasury Secretary Scott Bessent is expected to announce a fresh set of economic measures against Iran, as Washington pivots from strike threats to tougher sanctions as a way to end the near six-month war.