The Day Ahead North America

Markets are steady as investors await critical PCE inflation data and monitor potential breakthroughs in US-Iran peace talks. Major tech firms like Nvidia and Dell remain focus points for AI-driven growth despite a broader market pause.

Key Takeaways

• 1.US investors are pausing the AI-led rally ahead of a heavy economic data schedule including April PCE inflation and Q1 GDP estimates.
• 2.Nvidia plans to invest $150 billion annually in Taiwan, signaling its critical role as the 'epicentre' of AI manufacturing.
• 3.Treasury yields and oil prices fell on rising optimism for a US-Iran peace deal that could reopen the Strait of Hormuz.

Table of Contents

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

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