XPeng Sinks 7% as Q2 Miss Overshadows $6.3B Robotics Valuation, NIO Drops 4%, Tesla Slips

Steadfast agrees $5.51bn buyout by KKR-led consortium

Welltower, Realty Income lead S&P Real Estate stocks on growth

Trump threatens doubling tariffs on Canadian autos

Saint Mark Carney’s canonisation owes much to Donald Trump’s inept bullying

US Treasury to broaden scope of secondary sanctions on Iran, source says Reuters

Move marks further escalation of Washington’s trade war with Ottawa

Canadian stocks flipped between gains and losses at Monday’s open after the collapse of talks with the US unleashed what threatens to become a widening trade war, with Prime Minister Mark Carney recalling his negotiators from Washington.

Political and fiscal uncertainty in the US is prompting investors to again turn nervous toward the dollar. As some have offloaded the currency, alternative assets such as Bitcoin and gold have seen their value soar.

The cost of shipping oil cargoes on a supertanker through the Strait of Hormuz is about $20 million, the boss of TotalEnergies SE said, underscoring the wide margins to be made by traders and shipowners.