TMTB EOD Wrap

Good afternoon. QQQs -1.45% led lower by AAPL -3% and SOX -3% as AI semis are selling off. Some of that likely some flows continuing to shift to EM/China as FXI +3.5%. Yields ticking lower while Oil is +3% as geopolitical tensions heat up: reports about Iran preparing to fire ballistic missiles at Israel (a Reuters headline suggests this latest Irania…