- World stocks hit record peaks for a fifth day, and on Wall Street the S&P 500 and Nasdaq rise closer to their recent highs. Benchmark U.S. indices gain as much as 0.6%.
- Intel shares leap almost 8%, the biggest advancer on the S&P 500, while energy (+1.8%) and consumer cyclicals (+1.3%) are the best-performing sectors.
- Sterling is among the biggest decliners in G10 FX, falling 0.4% against the dollar and euro after unexpectedly weak UK labor market data.
- Colombia’s peso is the biggest mover in global FX, sliding 1.5% following attempted assassination on Sunday of Senator Miguel Uribe, a potential presidential candidate. Government also temporarily suspends fiscal rules on Tuesday.
- U.S. bond yields slip, no more than 2 bps. Dealers digest 3-year auction, Bloomberg report that Treasury Secretary Scott Bessent could be contender to replace Powell at the Fed. All eyes now on Wednesday’s CPI data.
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