WS #13643

The dominant macro narrative remains the risk-on rally triggered by the weak July jobs report (-23,000 vs +80,000 expected), which has sharply reduced odds of a September Fed hike to ~44% and driven the S&P 500 to a record close (7,757.64, +0.6%), with the Nasdaq up 1.3%. This is corroborated across multiple sources (Reuters, AP, GDELT, Bloomberg). The Senate passed the Lindsey Graham Russia-Iran sanctions bill (86-11), authorizing up to 100% tariffs on major buyers of Russian energy; this is a high-significance geopolitical/energy development with potential to tighten global oil supply. On the Middle East, a US official confirmed progress toward a Hormuz deal and expects the blockade to be lifted 'soon', which is a counter-signal to the oil-supply-crisis thesis and likely to pressure oil prices and support risk assets. Gold surged 2.3% to a seven-week high on the weak jobs data, and short-term Treasuries posted their biggest weekly rally since May. Single-stock moves: ABNB +15.1% on raised revenue outlook, TTD -21.8% on weak guidance, and PLTR +9% on continued post-earnings momentum. These are the key actionable signals for the next 1-8 hours.