Overview

• Global stock markets pause after reaching all-time highs, driven by Nvidia's impressive earnings report.
• Nvidia's market capitalization surged by $277 billion in a single session, marking the largest increase ever.
• Investors assess the sustainability of the tech rally amid Federal Reserve's hawkish stance on interest rates.
• Canadian retail sales experience a sharp pullback, indicating potential consumer caution.
• Economists predict high interest rates to impact discretionary spending, despite strong consumer spending at the end of last year.