WS #13639
No material new developments in the last 30 minutes. The dominant narrative remains the risk-on rally driven by the weak July jobs report, with no new data points or counter-signals to report.
Topics
Key developments
- Weak July jobs report cuts Fed hike odds to 44%, stocks hit record highs
- Iran and Oman near deal to reopen Strait of Hormuz, US to lift blockade
- Senate passes Russia/Iran sanctions bill with tariff authority
- SpaceX shares surge 15% on Friday, nearing IPO price despite lockup
- Doximity stock soars over 30% on AI product profitability
- Datadog shares tank 19% despite strong earnings
- Cathie Wood invests $28.7M in TSMC and SpaceX, trims Amazon and Alphabet
- Trump administration moves to fire Fed Governor Lisa Cook