The U.S. bond market sold off on Tuesday in a manner that tends to spell fresh trouble for many stock investors.

Reports that President Trump was considering trying to remove Federal Reserve Chair Jerome Powell have had a clear, if modest, effect on the bond market—even after Trump told reporters that he [wasn’t “planning on doing anything.

MSCI's global equities index lost ground on Tuesday after touching a record high, while U.S. Treasury yields hit their highest level in more than a month, as investors digested a slight rise in U.S. inflation and took a mixed view of quarterly results from big banks.

The stock market is right to be trading around highs, but the bond market is off base in assessing that Federal Reserve rate cuts are right around the corner. That’s the view from a Citadel Securities blog post from Nohshad Shah, head of fixed income sales in Europe, the Middle East and Africa, in his latest take on markets.

The Dow fell 436 points. Nvidia rallied on easing export restrictions.

Equity market strength was mostly in tech, after AI darling and chipmaker Nvidia said overnight it plans to resume sales of its H20 AI chips to China. Hong Kong's tech index got the ball rolling with a 2.8% rise, and tech was the only sector on the S&P 500 to close in the green.

HOLLAND, MI – In an attempt to build on recent renovation progress funded by its 2021 bond, Holland Public Schools (HPS) is again asking voters to support an Aug. 5 bond proposal to complete district improvements.

The Philippine government was still able to borrow its planned amount of long-dated local debts. This was during Tuesday’s sale of 10-year Treasury bonds (T-bonds). This, despite higher rates sought by creditors amid worries over the impact of tariffs that US President Donald Trump announced.