Overview

• Alphabet jumped about 9% to a record $231 and Apple rose 3.8% after Judge Amit Mehta rejected a breakup of Google, kept Chrome and Android under Alphabet, barred some exclusivity, and left search-payment deals intact.
• The Nasdaq gained 1.02% and the S&P 500 rose 0.51% while the Dow slipped 0.05%, with communication services leading gains and energy down 2.30%.
• U.S. JOLTS vacancies fell to 7.181 million in July, the lowest in nearly a year, and CME FedWatch put the probability of a 25 bp cut on September 17 at 95.6%.
• Treasury yields eased with the 10-year at about 4.22% as gold set another record near $3,620 per ounce.
• Mexico’s S&P/BMV IPC touched an intraday record of 60,120 before closing down 0.16% at 59,651.57 as local markets tracked U.S. tech and rate dynamics.