United Kingdom BRC Shop Price Inflation

The Dow Jones Index decreased 347 points or 0.67 percent on Monday to close at 51482 points. The decline was led by Boeing (-6.88%), Salesforce (-2.88%) and IBM (-2.09%). On the upside, the strongest performers were P&G (1.91%), Nike (1.82%) and Nvidia (1.76%).

The Dow Jones Index Closes 0.67% Lower

The Ibovespa fell 0.3% to close at 182,991 on Monday amid an unfavorable external backdrop, higher inflation projections and new election polls confirming a tight presidential race. Oil prices resumed their rally after US President Donald Trump rejected Iran’s latest proposal to reopen the Strait of Hormuz, renewing concerns that energy-driven inflation could keep interest rates elevated. Yields rose, pressuring credit-sensitive stocks. Major banks fell, with Itaú and Bradesco down 1% each. Meanwhile, the BCB’s Focus survey showed that the market raised its 2026 inflation forecast from 4.92% to 4.99%, while the year-end 2026 Selic forecast remained at 13.5%. A new election poll showed President Lula widening his lead over Flávio Bolsonaro, who is viewed by markets as more fiscally restrictive amid elevated domestic yields and weak business activity. Other notable laggards included Ambev (-0.8%), WEG (-1.9%) and Vivo (-2%). In contrast, Petrobras rose 1.5% and Vale added 0.5%.

Ibovespa Falls as Oil Rally Resumes

The S&P/TSX Composite Index fell 0.9% to close at 35,490 as rising oil prices revived inflation concerns. Oil prices resumed their rally after US President Donald Trump rejected Iran’s latest proposal to reopen the Strait of Hormuz, renewing concerns that energy-driven inflation shocks could keep interest rates higher for longer. Yields moved higher, pressuring credit-sensitive stocks. Financials posted losses, with CIBC and National Bank down 1% each. Meanwhile, falling gold prices pressured mining shares, with Agnico Eagle tumbling 5.1%, Barrick falling 4.1%, and WPM losing 5%. In contrast, energy producers gained on the oil rebound, with Cenovus rising 0.7% and Suncor up 0.9%. On the data front, Canadian GDP data due Tuesday could offer cues on economic momentum and the Bank of Canada’s future policy path.

TSX Falls Amid Oil Rebound

US stock indices closed lower on Monday as the standoff between the US and Iran fueled oil-market volatility and dragged down bonds. The S&P 500 fell 0.8%, the Dow shed 347 points, and the Nasdaq lost 1.1%. The renewed oil rally stoked concerns that rising inflationary pressures could trigger further Fed rate hikes. The  bond selloff deepened after President Trump rejected Iran’s latest proposal to reopen the Strait of Hormuz. The 10-year yield reached a 19-year high. The PCE inflation report and jobs report due this week will provide further insight into the health of the US economy and the potential path for the Fed. Tight financial conditions continued to pressure AI hyperscalers and chipmakers, which are undergoing record levels of debt issuance. Microsoft lost 1.3%, Amazon fell 1.4%, and Meta shed 4.8%, while Micron retreated 2.6%, AMD dropped 3.6%, and Intel tumbled 5.7%. Nvidia was the exception, rising 1.7% after increasing its share buyback plan by a record $150 billion.

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The Dow Jones Index Closes 0.67% Lower

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United Kingdom BRC Shop Price Inflation