US STOCKS AND BONDS FELL AS TRADERS SCALED BACK EXPECTATIONS FOR FEDERAL RESERVE RATE CUTS AMID STRONGER ECONOMIC DATA; S&P 500 DROPPED 0.4%, NASDAQ 100 FELL 0.5%, AND TREASURY YIELDS ROSE, WHILE ASIAN MARKETS OPENED MUTED.
FED OFFICIALS SIGNAL CAUTION ON EASING, WITH MIXED INFLATION AND LABOR DATA PUTTING PRESSURE ON POLICY DECISIONS AHEAD OF CHAIR POWELL’S JACKSON HOLE SPEECH, WHILE OIL ROSE ON POTENTIAL US TARIFFS AGAINST INDIA OVER RUSSIAN CRUDE. ...