Tech Stocks Slump as Canada Inflation Cools and USTR Maintains Metal Tariffs

Key TakeawaysCanada’s annual inflation rate slowed to 2.3% in January, coming in below the 2.4% estimate and providing the Bank of Canada with more room for potential policy easing.Nasdaq 100 futures dropped 1.1% in pre-market trading, weighed down by a 1.7% decline in Alphabet (GOOGL) and a 1% slide in Nvidia (NVDA).Masimo (MASI) shares skyrocketed 35% following news that the company will be acquired by Danaher (DHR) for $180 per share.USTR Jamieson Greer confirmed steel and aluminum tariffs will remain in ...