The Day Ahead North America

North American markets faced a sell-off as U.S.-Iran tensions and inflationary concerns weighed on investor sentiment. Meanwhile, tech giants like Amazon continue to aggressively leverage debt to fund AI infrastructure expansion.

Key Takeaways

• 1.Wall Street indices declined as chipmaker shares fell and U.S.-Iran tensions increased investor uncertainty.
• 2.Amazon secured a $17.5 billion loan to ramp up AI infrastructure spending.
• 3.U.S. consumer inflation rose 4.2% year-on-year in May, the highest level in three years.

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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