Bonds & Stocks
Wall Street investors bracing for the start of the high stakes megacap earnings season sent stocks lower, with the market also falling as worries about an escalation in the Iran war boosted oil prices. The S&P 500 fell 0.2%. The yield on 10-year Treasuries was little changed at 4.63%.
Economy
President Donald Trump is poised to impose fresh levies on products from dozens of economies by Friday, according to people familiar with the matter, a move to ensure his tariff regime remains intact even after stopgap 10% global duties lapse.
World
The US widened the scope of its airstrikes on Iran overnight, as President Donald Trump and officials in Tehran signaled a renewal of peace talks is unlikely in the near-term.