Stock, Bond Rout Takes Breather; Trump Delays Canada Tariffs | Bloomberg Brief 08/19/2026

US equity futures waver as a global chip selloff eases after SK Hynix announces plans to buy back $29 billion of shares. The Trump administration delays 50% tariffs on Canadian products for three days, citing a tentative agreement. The UAE cuts all economic ties with Tehran after accusing Iran of firing ballistic missiles at its territory. Keith Lerner of Truist discusses the market backdrop for staying bullish on stocks. (Source: Bloomberg)