WS #9099
The dominant risk-off narrative from the previous window remains unchanged and is ESCALATING. No new material developments have emerged in the last 30 minutes that were not already captured. The tech selloff continues, with no counter-signals or de-escalation detected.
Key developments
- Nasdaq 100 ends 4% lower; strong jobs data fuels rate hike fears
- META considering raising tens of billions in new shares to fund AI data centers
- Bitcoin sinks below $60K, on track for worst week since FTX collapse
- U.S. oil rigs gain for seventh straight week; Strait of Hormuz closure fears escalate
- Health care sector has best 3-day performance vs S&P 500 since January 2000