Market in Review
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Services Prices Hit 72.6 — Proving the Inflation Is Not Just Oil — Yet Stocks Rally 1% and the Dollar
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Iran Says Tankers Hit Naval Mines in Hormuz — the 10-Year Touches 4.818%, a Level Unseen Since November 2023, and
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Two Saudi Supertankers Struck Inside Hormuz — Brent Above $94, the 10-Year at 4.79%, and September Hike Odds Near Two-Thirds
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US Strikes Iran’s Larak Island and Tehran Hits Back — Crude Above $85, Yields at a 2026 High, but August
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“Committed to a Discipline, Not to a Decision” — Warsh Sends September Hike Odds to 57%, and Chicago PMI Collapses
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Nvidia Lifts Tech 8.4% as the Only Advancing Sector — and the AI Buildout’s Borrowing Bill Reaches $600 Billion Data:
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Nvidia Doubles Revenue to $96.2 Billion and Guides to $108 Billion — but Free Cash Flow Halves and the Margin
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Dick’s Sporting Goods Has Its Worst Day on Record and Confidence Hits a Seven-Month Low — but Falling Oil Lifts
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“Operation Economic Outcast” — Washington Declares Financial War on Iran as Chips Sink and the Market Waits for Nvidia Data:
