The Day Ahead North America

Wall Street shows modest gains as AI optimism offsets fears of rising oil prices due to halted U.S.-Iran negotiations. Investors are monitoring upcoming earnings from Dollar General and Palo Alto Networks, alongside JOLTS labor data.

Key Takeaways

• 1.Middle East geopolitical tensions, specifically Iran halting talks with the U.S., are driving oil prices sharply higher and impacting global inflation outlooks.
• 2.Artificial Intelligence remains a dominant market theme, buoyed by Nvidia's new chip launch and Anthropic's confidential IPO filing.
• 3.U.S. manufacturing activity reached a four-year high in May, though businesses face escalating supply constraints and price pressures.

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
• ON THE RADAR

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