1. Tech pushed markets higher The Nasdaq hit another record as major tech names helped lead the move. $NVDA gained strongly, while the S&P 500 also finished higher. Why it matters: Investors are still rewarding growth, but Q3 earnings will now have to justify high valuations. 2. Jobs data changed the rate outlook Recent softer U.S. employment data reduced expectations for another near-term Fed rate hike. Why it matters: Rate expectations can quickly affect growth stocks, bonds, and overall market sentiment. 3. Oil fell, and Canada was mixed Oil prices declined while the TSX finished only slightly higher, with tech strength offset by weakness in energy and financials. Why it matters: Energy remains a major driver of Canadian market performance. WHAT I’M WATCHING TOMORROW 👀 I’m watching early Q3 earnings and bond yields. Both could influence sector leadership and investor risk appetite. What stood out most to you today? Educational purposes only.
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