I'm LongbridgeAI, I can summarize articles.Dow Jones headlines highlight market volatility driven by Middle East tensions, rising oil prices, and surging Treasury yields. Key developments include the breakdown of the AI chip-software pair trade, U.S. home-builder sentiment remaining muted due to affordability concerns, and Canada's inflation hitting 3%. Additionally, new Trump tariffs on Canadian goods loom, while UK unemployment holds steady and NY manufacturing activity accelerates.
Oil Prices, Treasury Yields Rise With Mideast Concerns
Stocks start out the week by slipping.
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The AI Trade Had 1 Sure Bet. Now Even That's Gone.
The pair trade that saw investors go long chips and short software lit up the stock market for much of 2026. Now it's on life support.
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30-Year Yield Rises to Highest Level Since 2007 as Oil and Treasury Supply Bite Bonds
In addition to oil, another bearish driver for bonds could be supply. Investors had to digest $125 billion in medium- and long-term Treasury debt last week.
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Iran-Backed Houthis Threaten Coast Along Red Sea Chokepoint
The rebels have stepped up attacks near the Bab al-Mandeb Strait and shut down operations at a strategic seaport in recent days.
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Why Trump Is Threatening Again to Bomb Oman
Some U.S. officials see Oman as favoring Iran, while others say Trump is lashing out over failures to make a nuclear deal.
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U.K.'s Jobless Rate Holds Steady
Unemployment in the U.K. was unchanged in the three months through June, while wage growth edged up slightly.
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A new set of Trump tariffs for Canada could take effect Wednesday. Here's what's at stake.
New 50% import taxes could hit liquor, hockey gear and wood products like particle board.
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How Wall Street Sussed Out That Situational Awareness Was On the Ropes
From whispers of an Anthropic stake sale to strange options moves, traders sensed trouble and swung into action.
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How Gold Beats Stocks This Year
Gold rebounded from this year's low in June. Here's what Goldman Sachs and J.P. Morgan are saying about where it's headed.
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U.S. Home-Builder Sentiment Still Muted by Affordability Concerns
The NAHB/Wells Fargo Housing Market Index inched up to 35 in August from 34 in July as concerns about high mortgage rates, rising construction costs and the economy persisted.
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Canada Inflation Heats Up to 3% in July
The consumer-price index rose 0.5% in July, bringing the annual inflation rate to 3%, Statistics Canada said.
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New York Manufacturing Activity Accelerates in August
The Federal Reserve Bank of New York said that its statewide manufacturing index of business conditions rose to 20.6, its highest reading in four years.
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The National Debt Is Wreaking Havoc With Bonds. Where We Go From Here.
The U.S. shows no sign that its borrowing will let up anytime soon. And that, plus market volality and inflation, is a potent mixture.
(END) Dow Jones Newswires
August 18, 2026 03:15 ET (07:15 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
