The Day Ahead North America

Wall Street retreated as AI disruption fears triggered a tech selloff ahead of crucial CPI inflation data. Key corporate news includes the $13.5 billion acquisition of Schroders by Nuveen and major climate policy rollbacks by the Trump administration.

Key Takeaways

• 1.Wall Street experienced a significant selloff, particularly in the tech sector, driven by investor concerns regarding AI-driven industry disruption.
• 2.Schroders, a 222-year-old UK asset manager, has agreed to a $13.5 billion acquisition by U.S.-based Nuveen.
• 3.The Trump administration has officially repealed federal climate regulations, including vehicle emission standards and the 'endangerment finding'.

Table of Contents

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

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