Tuesday morning saw the latest U.S. producers’ inflation print come in lower than expected, which sparked a broad rally in New York. Both the Nasdaq and Dow jumped over 400 points or 2.31% and 1.03% respectively, while the S&P rose 1.59%. <\/p>\n\n\n\n
Major movers included Estee Lauder<\/a> up 6.73%, Nvidia<\/a> 6.17%, and Intel<\/a> 5.55%. However, Starbucks<\/a> captured the biggest headlines by poaching Chipotle<\/a>‘s CEO. The coffee chain rocketed 23.61% while the fast food company sank 7.27%. With the lower inflation number, investors increasingly expect the U.S. Fed to cut interest rates in September, while yields sank Tuesday. The 10-year slipped to 3.852%. Meanwhile, Bitcoin<\/a> rallied 3.5% to US$60,900.<\/p>\n\n\n\n The TSX enjoyed its own rally, climbing 0.88%. Major movers: BlackBerry<\/a> up 5.05%, Manulife<\/a> 1.66%, Sun Life<\/a> 4.99% after reporting a beat, Sienna Senior Living<\/a> -3.28% and SilverCrest Metals<\/a> 4.14%. Gold gave back US$6 to US$2,466 as WTI crude slid 2% to US$78.50…,,, <\/p>\n\n\n\n 💄 Estee Lauder\u00a0(EL-N)<\/a> +6.73%<\/p>\n\n\n\n 💾 NVIDIA Corporation\u00a0(NVDA-Q)<\/a> +6.17%<\/p>\n\n\n\n 💾 Intel\u00a0(INTC-Q)<\/a> +5.55%<\/p>\n\n\n\n ☕ Starbucks\u00a0(SBUX-Q)<\/a> +23.61%<\/p>\n\n\n\n 🌶 Chipotle Mexican Grill\u00a0(CMG-N)<\/a> -7.27%<\/p>\n\n\n\n 🅱 Bitcoin (BTCUSD)\u00a0(CRYPTO:BTC)<\/a> +3.5%<\/p>\n\n\n\n 📱 BlackBerry\u00a0(BB-T)<\/a> +5.05%<\/p>\n\n\n\n 🏛 Manulife Financial\u00a0(MFC-T)<\/a> +1.66%<\/p>\n\n\n\n 🏛 Sun Life Financial Inc\u00a0(SLF-T)<\/a> +4.99%<\/p>\n\n\n\n 👨⚕️ Sienna Senior Living Inc\u00a0(SIA-T)<\/a> -3.28%<\/p>\n\n\n\n