The Peel
Peel back the markets in 5 minutes
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The “SaaS-pocalypse” erased hundreds of billions in market value.
Indian markets surged, with the Sensex up over 2,000 points on the India–U.S. trade deal boost.
Trump struck a surprise trade deal with India, resetting strained ties.
Chinese metal traders lost at least $144M after a dealer abruptly fled.
Trump says he’ll sue the IRS over leaked tax return data, seeking $10B.
Trump and Senate Democrats are talking to head off a government shutdown.
The Dow fell even as the S&P hit new highs, with an electronics stock getting hit hard.
Trump raised tariffs on Korean goods to 25%.
Trump threatened Canada with a 100% tax if it deepens trade ties with China.
U.S. investment-grade bond spreads hit their lowest level in 30 years.
Energy stocks hit record highs as geopolitical risks stayed elevated.
The “Sell America” trade gathered pace in Tuesday’s session.
