QQQs +70bps bouncing back from early declines. Futures were down early on news Putin thinking about nuclear, but then investors realized it was to power datacenters across Ukraine driving NVDA +4.9%. Ok, maybe it didn’t go exactly like that but name of the game over past several years has been buy any geopolitical headlines. SOX +62bps despite NVDA’s big move as sell-side came out defending the stock after TheInformation’s bogus article yesterday - all eyes on tomorrow afternoon. Stock sits 2% from ATHs going into the print - should be a fun one. Yields were flat to down 3bps across the curve and BTC hitting new highs again.
Let’s get to the recap…
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