LSEG Data & Analytics
May 13, 2026
The Day Ahead North America
Daily UpdateEquitiesRates Govt BondsFXInformation TechnologyConsumer Discretionary
Wall Street closed lower as hot inflation and Middle East supply fears drove Treasury yields higher and gold lower. Investors are pivoting to a defensive stance as expectations for 2026 rate cuts fade.
Key Takeaways
- 1.U.S. markets are retracting from record highs due to hotter-than-expected inflation data and geopolitical tensions in the Middle East.
- 2.Strong inflation readings (CPI and upcoming PPI) are reinforcing expectations that the Federal Reserve will maintain current interest rates.
- 3.Energy markets are volatile, with Brent and WTI crude prices jumping over 3-4% on supply disruption fears linked to the U.S.-Iran conflict.
Table of Contents
- MARKET RECAP at 4 pm ET
- Coming Up
- KEY ECONOMIC EVENTS
- KEY RESULTS
- Market Monitor
- Top News
- Insight and Analysis
- CANADA
- WEALTH NEWS
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Authors
Ashitha Salus
Securities
S&P 500TSLAEBAYHIMSUA
Themes
Sticky Inflation and Rate Path UncertaintyEnergy Market Disruption via Geopolitical ConflictAI Innovation vs. Implementation Challenges
Regions
North AmericaAsia PacificMiddle EastUnited StatesCanadaChina