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 Iranian attack could be at least as large as the last one from Apr). Let’s get to it…
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