- STOCKS: S&P 500 hits new high. China’ benchmark indexes slump 1.5% or more. Europe flat, Britain’s FTSE 100 falls for a second day from Monday’s record high.
- SHARES/SECTORS: Nvidia shares fall as much as 5% in extended trade after earnings, despite beating on Q2 revenue and forecasting strong Q3 revenue on robust AI chip demand.
- FX: Dollar index gives back gains, ends flat. In G10 space, dollar falls most vs Canadian dollar and Norwegian krone.
- BONDS: French 30-year yield highest since 2011. U.S. 2-year yield falls to 3.62%, lowest since May. 5-year auction goes reasonably well.
- COMMODITIES: Oil rebounds 1% plus from Tuesday’s selloff. Brent crude futures have now swung 1% or more in nine of the last 10 trading sessions.
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