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US stocks retreated from record highs on July 11 as President Trump’s tariff threat against Canada rattled investors. The S&P 500, Dow Jones, and Nasdaq all declined amid rising bond yields and renewed trade tensions.
- Major US indices declined: S&P 500 (-0.4%), Dow Jones (-257 pts), Nasdaq (-0.2%).
- 10-year Treasury yield surged to 4.40%, adding pressure to equities.
- Markets face first potential weekly loss in three weeks due to trade tensions.
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