WS #13651
No material new developments in the last 30 minutes. The dominant narratives (dovish Fed repricing, Iran/Hormuz de-escalation, Fed independence saga, TTD/WBD earnings) remain unchanged with no new data points or counter-signals. Markets are likely to continue trading on the existing macro and geopolitical frames.
Topics
Key developments
- Weak July jobs report cuts September rate-hike odds to ~42-44%, S&P 500 hits record close
- US to lift Hormuz blockade as Iran-Oman deal nears; oil prices ease
- Senate passes 86-11 Lindsey Graham Sanctioning Russia and Iran Act targeting oil/gas buyers
- Trump administration moves to fire Fed Governor Lisa Cook with August 26 deadline
- Trade Desk misses Q2 revenue and guides weak Q3, signaling adtech weakness
- Apple captures 65% of global premium smartphone market in H1 2026
- SpaceX plans $16.8B Terafab in Texas with natural gas power plants
- Meta ordered to pay $567M in New Mexico over child mental health damage