WS #7655

The dominant market-moving signal in this window is the de-escalation of US-Iran tensions, with President Trump announcing he has postponed a planned attack on Iran scheduled for Tuesday at the request of Gulf state leaders (Qatar, Saudi Arabia, UAE), citing ongoing negotiations. This is corroborated by multiple high-credibility sources (BBC, Axios, CNBC, ABC Australia, Bloomberg) and represents a significant counter-signal to the prevailing bearish oil/geopolitical risk thesis. The narrative is DE-ESCALATING. Separately, a California jury sided with OpenAI in Elon Musk's lawsuit, removing an AI-sector overhang and benefiting Microsoft and Nvidia. A mass shooting at the Islamic Center of San Diego is a tragic local event but unlikely to have direct market impact. Fed's Goolsbee commented on inflation risks, reinforcing higher-for-longer rate expectations. Bitcoin is under pressure, testing $76,000 support amid Fed transition uncertainty and higher-for-longer rate fears.