WS #7765

The dominant signal in this window is the Kentucky Republican primary, where Trump-backed Ed Gallrein defeated incumbent Thomas Massie, as reported by multiple sources (Investing.com, Zeteo, Bluesky posts). This signals a consolidation of Trump's influence within the GOP and potential policy continuity on tariffs and Iran. Separately, the Senate advanced a war powers resolution to block Trump's ability to go to war with Iran, with four Republican votes, per AP and multiple Bluesky posts. This is a de-escalation signal for geopolitical risk. Additionally, Nvidia received China chip approval, easing trade tensions, as reported by Yahoo Finance via Bluesky. This is a bullish signal for NVDA and the broader semiconductor sector. The EU reached a provisional deal on legislation related to EU-US trade, per Reuters via Bluesky, which could reduce trade uncertainty. GitHub is investigating unauthorized access to internal repositories, but no customer data impact has been found yet. This is a low-significance cybersecurity event for now. The prevailing macro narrative of rising bond yields and Iran tensions remains stable, but the Senate resolution and Nvidia approval are new counter-signals that dampen bearish geopolitical and tech sector theses.