WS #10062

The dominant signal in this window is the confirmed signing of the US-Iran Memorandum of Understanding (MOU), with multiple sources (Axios, Reuters, NYT, Al Jazeera, NBC, Bloomberg, Bluesky) corroborating that Trump and the Iranian president electronically signed the deal. Key details: Iran oil sanctions to be lifted immediately for 60 days, Iran will dilute enriched uranium but not send it abroad, and defensive capabilities are off the table. S&P 500 futures rose 0.3% and Nasdaq futures gained 0.5% on the news. This counters the prior bearish thesis of prolonged Middle East conflict and oil supply disruption. Separately, Apple CEO Tim Cook warned of 'unavoidable' price hikes due to unsustainable memory chip costs, which is a negative for AAPL and consumer tech. The Fed held rates steady under new Chair Warsh, with a 'good family fight' noted, but no new policy signal. Brazil's central bank also held rates unanimously, with cautious language. A dark pool alert showed a $246.87M block trade in NVDA, suggesting institutional accumulation. The Iran deal narrative is ESCALATING with new details, while the Apple price hike is a fresh negative for the tech sector.