The Day Ahead North America

Strong U.S. jobs data for January has tempered expectations for imminent Fed rate cuts, buoying the dollar and yields. Meanwhile, corporate news is dominated by Kraft Heinz's canceled split and Shopify's upbeat revenue forecast paired with a $2 billion buyback.

Key Takeaways

• 1.Stronger-than-expected US employment data (January) suggests a resilient labor market, potentially delaying Federal Reserve interest rate cuts.
• 2.Kraft Heinz has unexpectedly halted its planned company split, citing deteriorating conditions in the food industry.
• 3.Activist investor Ancora Holdings is opposing the Warner Bros Discovery-Netflix deal, favoring a rival bid from Paramount.

Table of Contents

• MARKET RECAP at 4 pm ET
• Coming Up
• KEY ECONOMIC EVENTS
• Market Monitor
• Top News
• Insight and Analysis
• CANADA
• WEALTH NEWS
• KEY RESULTS

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