Best Day Since April, Oil Below Ninety-Two, and an Inflation Report With No Year Attached
Wall Street posted its best day since April on Monday, with the S and P 500 up 2.35 percent and Toronto up 1.84 percent as oil slid on U.S.-Iran restraint, and this morning October inflation lands at 8:30 a.m. with no year-over-year number and a December Fed hike priced near 80 percent. Nvidia fell 4.27 percent and was hit with a shareholder class action even as every sector rallied, China's trade surplus crossed 1 trillion dollars for the year on AI hardware, and in Canada the Bank of Canada's own market survey points to 2.75 percent by March while Barrick and Constellation Energy beat…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.