North American Morning Briefing: Global Bond Selloff Deepens, Oil Hovers Close to $95 a Barrel -2-

Methanex Provides Update on New Zealand Ops; Entered Into Agreement to Sell New Zealand Natural-Gas Contractual Entitlements Commencing in 1Q 2027 and Continuing Through End of Decade When Such Entitlements Expire; Continued Decline in Domestic Natural-Gas Availability and Lack of a Clear Pathway to Meaningful New Supply; Determined Continued Ops in New Zealand Are Not Sustainable and as Such Has Taken Steps to Optimize Value From Remaining New Zealand Gas Position; Expects to Indefinitely Idle New Zealand Production Facilities During 1Q 2027; Will Work Closely With Employees, Contractors, Suppliers, Customers and Government Stakeholders During Transition; Does Not Expect to Incur Material Cash Costs as a Result of This Decision; Any Required Updates to Production or Fincl Guidance Will Be Released With Methanex's Ongoing Qtrly Fincl Communications

Expected Major Events for Wednesday 08:00/ITA: Jul PPI

11:00/US: 08/28 MBA Weekly Mortgage Applications Survey

12:15/US: Aug ADP National Employment Report

13:45/CAN: Bank of Canada interest rate announcement

14:00/US: Jul Metropolitan Area Employment and Unemployment

14:00/US: Jul Manufacturers' Shipments, Inventories & Orders (M3)

14:30/US: 08/28 EIA Weekly Petroleum Status Report

18:00/US: U.S. Federal Reserve Beige Book

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Expected Earnings for Wednesday Argan Inc (AGX) is expected to report $2.55 for 2Q.

Bio-Path Holdings Inc (BPTH) is expected to report for 2Q.

Broadcom Inc (AVGO) is expected to report $2.55 for 3Q.

Brown-Forman Corp - Class B (BFA,BFB) is expected to report $0.37 for 1Q.

C3ai Inc (AI) is expected to report $-0.59 for 1Q.

ChargePoint Holdings Inc (CHPT) is expected to report for 2Q.

Costco Wholesale Corp (COST) is expected to report.

Daktronics Inc (DAKT) is expected to report $0.35 for 1Q.

Five Below (FIVE) is expected to report $1.37 for 2Q.

FuelCell Energy Inc (FCEL) is expected to report for 3Q.

G-III Apparel Group Ltd (GIII) is expected to report $0.21 for 2Q.

Goldcom Inc (GOLD) is expected to report $0.87 for 4Q.

Hewlett Packard Enterprise Co (HPE) is expected to report $0.70 for 3Q.

Major Drilling Group International Inc (MDI.T,MJDLF) is expected to report for 1Q.

Matrix Service Co (MTRX) is expected to report $0.17 for 4Q.

Methode Electronics Inc (MEI) is expected to report $-0.27 for 1Q.

NetApp Inc (NTAP) is expected to report $1.64 for 1Q.

Netskope Inc (NTSK) is expected to report for 2Q.

Obsidian Therapeutics Inc (OBX) is expected to report for 2Q.

Ollie's Bargain Outlet Holdings Inc (OLLI) is expected to report $1.12 for 2Q.

PVH Corp (PVH) is expected to report $3.08 for 2Q.

Petco Health & Wellness Co Inc (WOOF) is expected to report $0.05 for 2Q.

Phreesia Inc (PHR) is expected to report $0.09 for 2Q.

Pro-Dex Inc (PDEX) is expected to report for 4Q.

Rex American Resources Corp (REX) is expected to report for 2Q.

Snowflake Inc (SNOW) is expected to report $-0.75 for 2Q.

Sprinklr Inc (CXM) is expected to report $-0.14 for 2Q.

Tilly's Inc (TLYS) is expected to report $0.13 for 2Q.

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ANALYST RATINGS ACTIONS Akamai Technologies Raised to Overweight From Neutral by Piper Sandler

AST SpaceMobile Started at Buy by Berenberg

Capricor Therapeutics Raised to Overweight From Neutral by Piper Sandler

Columbia Banking System Raised to Buy From Neutral by DA Davidson

Duolingo Raised to Outperform From In-Line by Evercore ISI Group

Edison International Cut to Neutral From Buy by B of A Securities

HawkEye 360 Started at Buy by Berenberg

Hercules Capital Raised to Buy From Neutral by UBS

Miami Intl Holdings Cut to Equal-Weight From Overweight by Morgan Stanley

Nuveen Churchill Direct Raised to Buy From Neutral by UBS

Park Hotels & Resorts Raised to Outperform From Market Perform by BMO Capital

PG&E Cut to Neutral From Buy by B of A Securities

Planet Labs Started at Buy by Berenberg

Robinhood Markets Raised to Overweight From Equal-Weight by Morgan Stanley

Rocket Lab Started at Buy by Berenberg

Sempra Raised to Buy From Hold by Jefferies

Tempus AI Raised to Overweight From Neutral by Piper Sandler

Tidewater Raised to Buy From Neutral by BTIG

This article is a text version of a Wall Street Journal newsletter published earlier today.

(END) Dow Jones Newswires

September 02, 2026 05:58 ET (09:58 GMT)