Today's Headlines

Around X:

• @Zerohedge 

• Iran Vows 'Faster, More Painful' Response To US Attacks After Weekend Sea Battle. 
• Stuck Between A Rock & A Hard Place: Top Goldman Strategist 'Global Reflections' On Iran, Midterms, Bond Whiplash, And Why Index Vol Is Lying To You. 
• Twelve Companies Make DOE's Latest Nuclear Launch Pad Cut. 
• UN Demands African Statues In London As Britain Is Told To Atone For Slavery.
• Goldman Traders' Top Charts: AI CapEx 'Leaks' & What Has To Go Right To 'Buy Europe'.
• IAEA 'Unclear' On Iran's Nuclear Program As US, Europe Escalate At UN Security Council.
• Is This Peak 'Clown World'?
• The Real Elites Vs. The Ruling Elites.
• Hegseth's Polygraphs Return To Pentagon In 'Major Leak Hunt' Over Iran War.
• China Expands Online Content Controls, Putting More Pressure On Creators.
• COSCO Denies US Claims Its Container Ships Serve As Beijing's Global Spy Network.
• Iran Releases Footage Of Drone Swarm Attacks On Several 'US-Linked' Ships In Hormuz Strait.
• "Experiencing A Psychotic Episode...": First 'Clancy Copycat?' Mom Hangs 2-Year-Old Son.
• 'Not Simple': Witkoff, Kushner Meet Putin For High-Level Peace Talks Under 72-Hour Ukraine Air Truce.     
• Warsh Vs Waller, Crude Vs Products, & Sovereigns Vs Hyperscalers; Goldman's Macro Roadmap.     
• The Soft Antichrist Of The AI Age: What Everyone Is Missing About The US-China Arms Race. 
• *TRUMP ADMIN MOVES TO PAY CHILD CARE AID TO AT-HOME PARENTS: NYT. 

• @IGSquawk 

• Weekend indices update: #DAX 26064 +0.08% #DOW 53252 +0.05% #NASDAQ 29554 +0.22% #FTSE 10825 +0.01% #HANGSENG 25679 +0.02%.
• Crypto update: #Bitcoin 79480.00 -0.37% #Ether 2474.70 -0.14% #BitcoinCash 254.50 -0.33% #EOS 0.1295 +0% #Litecoin 54.14 +0.48% #Stellar 0.1829 -0.71% #Dogecoin 0.0883 -2.65% #Uniswap 6.9321 -2.73% #Chainlink 12.1229 +0.83% #Polkadot 0.9534 +4.46% #Solana 105.2100 +1.89% #Avalanche 7.5800 -0% #NEO 1.686 +0%.

• @EricLDaugh

• JUST NOW: Woke Nike is formally being KICKED OFF the S&P 100 after a generational decline. Nike is known for going all-in on the racial madness and has cozied up to people who hate America. Good riddance! (video)

• @DeepLeaksHQ

• URGENT BREAKING: Davos elites caught on hidden camera admitting chemtrails / sulfur dioxide spraying, military‑origin weather modification, and rebranding it to keep the public calm, while laughing. They joke about governments weaponizing weather. BlackRock is named. DARPA is named. They poisoned the conversation for years by calling us crazy. Now they admit it on tape and smirk. This isn’t “climate policy” it’s atmospheric control without consent. They think we’re stupid. Prove them wrong. SHARE THIS EVERYWHERE!! (video)

• @Nogps1

• Bude, Cornwall, UK. The countryside the world over is being targeted by the geoengineering programs.. blocking the sun while dispensing endless amounts of toxic chemicals, heavy metals and nanoparticles into our atmosphere! Nothing can survive this level of onslaught. (video)

• @StockSavvyShay

• China’s best AI chip still delivers less than half the performance compute of an
  $NVDA chip unveiled almost three years ago. Wild to see how China is still trying to catch Nvidia’s H200 while Nvidia has already moved multiple generations ahead. (graph)

• @MilkRoadAI

• Chamath Palihapitiya believes AGI may already exist inside leading AI labs and the bigger story is that advanced intelligence is becoming cheaper and more widely available (Save this). @chamath argues that the public may be focused too much on benchmark rankings, while frontier labs are already developing models capable of complex reasoning, coding, research, and tool use. The main question is how quickly companies will release these systems and how much access they will provide.

• @Polymarket

• JUST IN: Police departments across the U.S. are dropping Flock cameras amid privacy backlash, only to replace them with similar surveillance systems from competitors like Axon.

• @SharylAttkisson

• Pssst... Did ya know that around '08 when more parents began choosing to separate their kids' MMR shots into 3 separate doses.... Merck pulled the separate shots off the market? In other words: as more parents got educated about vaccine safety, Merck removed their ability to make this choice. (video)

• @bubblebathgirl

• A company image is fragile. Once customers decide the brand is a joke, the stock follows. Nike used to stand for winning. Then it became known for a Dylan Mulvaney campaign. The stock is now down almost 80 percent from its 2021 peak and Nike is being dropped from the S&P 100 after nearly 18 years. That is not a mood. That is company value. Nike is the cleanest recent example of go woke, go broke. The product still exists. The trust does not. Brands that lecture their buyers should not act shocked when those buyers leave. (video)

OpenVAERS:  

• VAERS US COVID Vaccine Adverse Event Reports. 1,033,983 Reports (+264 from prior report) Through July 31th, 2026.

SKirsch.com:

• Using the MGH numbers with our own VAERS queries, we have 247 cases per million doses from the MGH study divided by 5.97 cases per million doses from VAERS. 247/5.97 = 41. This suggests that the VAERS under-reporting factor (URF) is 41X.

Today's Headlines

Around X:

• @Zerohedge 

• Foldable iPhone Production Reportedly Limited Ahead Of Launch. 
• Thank You Rick Santelli, You Legend. 
• NANO Nuclear Advances KRONOS With Baker Hughes, Adds Enveniam To Fuel Efforts. 
• *IRAN TANKERS ATTACKED BY US INCLUDED 2 IN JASK, 1 IN KHARG: IRIB. *ONE TANKER HIT NEAR JASK WAS EMPTY, ONE CARRYING OIL: IRIB. *CREW EVACUATED TANKERS IN LIFEBOATS AND REACHED SHORE: IRIB. 
• Online Betting Adoption Goes Parabolic: First-Timers Triple, Gen Z Overtakes Millennials, And Football Season Hasn't Even Begun.
• Alarm Bells Ring As Global Food Prices Hit 2022 Highs, Perfect Storm Stokes New Inflation Shock. 
• The Politics Of Measles. 
• Warner Bros. "Lanterns" Series Is Another Whiny Woke DEI Disaster. 
• AI Bears: Right About The Excess, May Be Wrong On The Trade. 
• 2.3 Million Illegals Gone: America's Immigrant Population Plummets For First Time In A Century. 
• Victor Davis Hanson: The Left Is Dragging America Back To The Dark Ages.
• AI Tax Increases Are Like The Tractor Tax Proposals Of Old.
• Asian Oil Buying Spree Sends Dubai Crude Toward $100.
• Vance Suggests Iran Conflict Could Drag Through Midterms, But At Least We're Not Calling It A War.
• States Must Report Illegal Immigrants To Feds Or Risk Losing Federal Welfare Funding: DOJ.    
• Anthropic is close to awarding Morgan Stanley lead left in its IPO as it prepares to unveil its initial public offering paperwork as soon as next week. Goldman is expected to act as IPO stabilization agent: FT.
• Pentagon, HHS Investigating Whether COVID Vaccines Contributed To Military Deaths. 
• Insurrection For Real.
• IRS, Treasury Propose Cutting Tax-Exempt Status For Schools With Diversity Policies.
• Payrolls Kill Waller's "Fed Pause" Party As Oil, Yields, & AI Earnings Whipsaw Markets This Week. 

• @BarronsOnline

• Had bullish commentary on (CCL) and (ELF).

• @IGSquawk 

• Weekend markets update: #DAX 26048 +0.02%. #DOW 53241 +0.03%. #NASDAQ 29527 +0.13%. #FTSE 10825 +0.01%. #HANGSENG 25678 +0.02%. #EURUSD 11614 -0.01%. #GOLD 4436 +0.14%. #USOIL 9050 +0.79%.

• @TheSCIF

• Fox News just made a BIG MISTAKE and EXPOSED themselves telling their news personalities NOT to talk about or amplify President Trump's messaging about stolen elections. Trust with the people has just been lost from Fox now that we know that they're purposely covering up the truth about election fraud.
• Ex-CIA Dir. John Brennan, and Ex-DNI James Clapper went on live television, with the now deceased Hollywood film director Rob Reiner, and stated to the world that President Trump was colluding with the Russians when the entire time they knew it was all a lie because they were the ones who made it up in the first place. Once again, they used the mainstream media, a Hollywood director, and staged an entire special on live tv and lied to the world. 

• @wideawake_media

• During a 2009 conversation with WEF 'Young Global Leader' Chrystia Freeland, George Soros announced the "need" to establish a New World Order owned by China. He emphasised that it was not only "necessary" but "actually desirable" to oversee a "managed decline" of the U.S. dollar. (video)

• @WallStreetApes

• Walmart just updated their privacy policy and going forward they will be collecting all this information from you:

• @RealJamesWoods

• Literally cheering a murderer of three little children. And these people vote. (video)

• @LibsOftiktok

• If you thought it was just Lindsay Clancy, think again... These are all from the last few months. There’s an epidemic of mothers m*rdering their children. Very dark times. (pic)

• @DawnsMission

• HOW IS THIS ALLOWED TO HAPPEN IN THE UNITED STATES? Orthopedic surgeons are choosing the metal they put inside your body based on kickbacks, royalties, speaker fees, and stock deals — not on what gives you the best outcome. Device companies pay them to pick their implant. Your hip, your knee, your spine becomes a sales transaction. When that implant fails years later, they get to do it all over again.

• @rawalerts

• #BREAKING: Illinois mother charged with killing her 2-year-old son allegedly called him the “anti-Christ,” with prosecutors saying she was intensely following the Lindsay Clancy trial before the killing.

• @realLizUSA

• Fox is never going to cover the most important story in America — our corrupt elections — because they are in on it.

• @unusual_whales

• American colleges are facing an enrollment crisis as more young people opt for vocational schools and trade jobs, per NYP. The number of high school grads enrolling in traditional colleges could decline 13% over the next 15 years, the Western Interstate Commission for Higher Education predicts.

• @StockMKTNews

• JUST IN: THE S&P 500 IS CHANGING. These stocks are being added to the index: - Bloom Energy $BE. - Everpure $P. - Illumina $ILMN. These stocks are being removed from the index: - Molson Coors $TAP. - Trade Desk $TTD. - Builders $BLDR.

• @ShiningScience

• A U.S. startup just used drones to engineer the weather, triggering 19 million gallons of rainfall over Alaska. On August 23, 2026, El Segundo-based startup Rainmaker executed a groundbreaking research campaign over Alaska’s Kenai Peninsula, deploying two autonomous drones into subfreezing, moisture-rich clouds. Over a three-hour window, the aircraft released 19 silver iodide flares to trigger condensation in an existing weather system. According to Rainmaker's radar-based analysis, this targeted seeding successfully generated approximately 19 million gallons of net-new precipitation. The company frames this test as a scalable proof of concept for future operations aimed at replenishing critically depleted North American waterways like the Colorado River. However, the unannounced operation has quickly ignited a fierce political and regulatory debate.

• @VoicesUnheard

• Attention Walmart shoppers! You'll want to hear this new dystopic policy - in store and on the app. The public-private surveillance partnership is fully operational. Walmart’s latest policy update isn’t “customer service”- it’s a data-harvesting regime. They are hoarding biometric identifiers (face, iris, palm, voice) and sensory data from your household. Why does a grocery store need your face geometry? They don’t. But they want it for the “internal business purposes” of the technocratic control grid. Revoke permissions. Scrub your account. Use cash. The only way to win this game is to stop playing by their rules. Read. (pic)

• @ThePatriotOasis

• JUST IN — TikTok moms are filming “jokes” about them KI*LLING baby dolls in support of Lindsay Clancy, who killed her three children. They're treating a triple child homicide like a skit. That is not dark humor. That is a death cult. (video)

• @bennyjohnson

• 205 Democrats just voted against keeping the Supreme Court at 9 justices. In case you didn’t think that they are going to try to pack the court if they take back power, they just gave us our answer. Remember this when you vote in November.

• @RichardGage_911

• If the 9/11 terrorists were lucky, this firefighter would not have survived. But he did. And now he is calling out the elephant in the room: what happened to Building 7? He was there, about to put out the fires, when mysterious armed men stopped him from entering. He heard explosions when the building came down. (video)

• @burak_finance

• Goldman sees AI networking going from $15B to $154B by 2028. That’s a 10x market in two years.

• @ImBreckWorsham

• House Republicans are canceling the final two weeks of September and there will be no vote after September 14, leaving Washington until after the midterms. Why is that, you might ask? Could it be Thomas Massie’s efforts to push a vote on the delivery of millions of unreleased Epstein files? (video)

• @SenseReceptor

• NEW: WHITNEY WEBB warns that Palantir is building a Flock-like surveillance network in space. "the Merlin constellation, Satellogic, and Palantir is literally what you're worried about with Flock, in space". "You can't spray expanding foam on those cameras They are in space". "people need to realize that the surveillance state has expanded so much that this is getting extremely dire". "And this is how they achieve the Total Information Awareness program, as like, prophesized by their freaky as hell logo". "of course, under the Trump administration in its current form they've drastically expanded what is a domestic terrorist, okay? So predictive analytics is bad because what if it becomes terrorism to criticize a data center or any of the aspects of these of this big infrastructure rollout they're building?" (video)

• @Polymarket

• BREAKING: U.S. House passes bill to block federal aid to universities that boycott Israel.

• @nataliegwinters

• EXCLUSIVE: A Chinese LLC quietly bought 492 acres less than five miles from a U.S. continuity-of-government complex in Virginia. The $3.35 million deal was made through GHJ Associates LLC. @USDA lists the LLC under China—but its actual owner remains hidden.

• @genXGirl1

• WARNING: Congress will vote on NDAA after September 14. This is a full access takeover of US bleeding edge technology by Israel who has a long track record of committing espionage. Section 219 of the NDAA establishes a US-Israel Defense Technology Cooperation Initiative, tasking the Pentagon with synchronizing bilateral research, development, testing, and industrial integration across critical domains like AI, counter-drones, cyber, directed energy, and missile defense; explicitly prioritizing Israeli-origin technologies for integration into US systems and programs of record.

• @EYakoby

• BREAKING: A new report reveals Mamdani’s office runs a Signal group of 200+ influencers, feeding them talking points and clips to amplify online. Some received $5,000–$20,000 through taxpayer-funded contracts, with little disclosure. This is taxpayer-funded propaganda.

• @Jimmy_Dore

• These 2 are the absolute WORST LIARS ever. For a YEAR they swore Tyler Robinson confessed three times! Now it’s obvious they were lying they’re pathetically walking it back. They’re nothing like Charlie Kirk. And they’re the worst face TPUSA could show to the public besides Andrew Wilson. (video)

• @ru2305

• Fox did not fire Maria Bartiromo, they just took her off the air. They will pay her through the end of her contract in 2029, which will effectively gag her until after the 2028 elections. Don't ever be fooled that Fox is on the side of we the people.

• @RohitMishra2024

• No government anywhere in the world should talk about climate change without first addressing the weather modification and geoengineering that they themselves are doing deliberately on purpose. (pic)

• @MikeZaccardi

• S&P 500 P/E ratio down to 19.4x. (pic)
• Tech P/E drifts further down to 20.5x. (pic) 

• @ginamilan_

• New details revealed about who was behind Maria Bartiromo’s departure from Fox. Ralph Giordano, Fox Business SVP of Programming, reportedly instructed Maria’s producers NOT to cover President Trump’s upcoming primetime speech on election integrity and China on her show. Maria disagreed. She wanted to cover the story because Americans deserved to know what the President actually said. They deserved the chance to hear his message and judge it for themselves. She reportedly screenshotted Giordano’s directive and sent it to the White House. The White House called Fox. And suddenly, Maria was the problem.

OpenVAERS:  

• VAERS US COVID Vaccine Adverse Event Reports. 1,033,983 Reports (+194 from prior report) Through June 26th, 2026.

SKirsch.com:

• Using the MGH numbers with our own VAERS queries, we have 247 cases per million doses from the MGH study divided by 5.97 cases per million doses from VAERS. 247/5.97 = 41. This suggests that the VAERS under-reporting factor (URF) is 41X.

Weekly Scoreboard*

S&P 500 7,719.0 unch.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

• DJIA 53,384.4 -.3%

• NASDAQ 26,490.4 +.2%

• Russell 2000 2,971.8 -.1%

• NYSE FANG+ 18,744.0 -.7%

• Goldman 50 Most Shorted 329.3 +1.3%
• Vaneck Social Sentiment 37.4 +3.5%

• Wilshire 5000 76,275.8 unch.

• Russell 1000 Growth 4,963.8 +.3%

• Russell 1000 Value 2,529.4 -.3%

• S&P 500 Consumer Staples 928. -.8%

• Bloomberg Cyclicals/Defensives Index(Ex Telecom) 271.0 -.6% 
  

• NYSE Technology 9,492.8 +.4%

• Transports 20,968.8 -2.1%

• Utilities 1,081.4 +.24%

• MSCI Europe Banks 137.7 +1.5%
  

• MSCI Emerging Markets 68.46 +2.0%

• Credit Suisse AllHedge Long/Short Equity Index 264.9 -.1%

• Credit Suisse AllHedge Equity Market Neutral Index 136.8 +.1%

Sentiment/Internals

• NYSE Cumulative A/D Line 624,978 -.4%
• Nasdaq/NYSE Volume Ratio 13.6 +69.7%

• Bloomberg New Highs-Lows Index 429 +114

• Crude Oil Commercial Bullish % Net Position -14.9 -2.0%

• CFTC Oil Net Speculative Position 123,449 +1.1%

• CFTC Oil Total Open Interest 1,906,740 +.9%

• Total Put/Call .82 -4.7%

• OEX Put/Call .71 -3.2%

• ISE Sentiment 179.0 unch.

• NYSE Arms 1.15 +71.6%
  
• Bloomberg Global Risk-On/Risk-Off Index 130.4 +1.0%
• Bloomberg US Financial Conditions Index 1.29 +2.0 basis points
• Bloomberg European Financial Conditions Index 1.17 -17.0 basis points

• Volatility(VIX) 14.0 -1.5%
• S&P 500 Intraday % Swing .57 -30.2%

• CBOE S&P 500 3M Implied Correlation Index 9.2 -6.3%

• G7 Currency Volatility (VXY) 6.92 +7.3%

• Emerging Markets Currency Volatility (EM-VXY) 6.95 +1.8%

• Smart Money Flow Index 17,875.9 -2.9%
• CFTC Weekly Equity Positioning Sentiment Gauge(0-100) 55.0 -4.0

• ICI Money Mkt Mutual Fund Assets $7.979 Trillion +.6%

• ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows -$18.344 Million

• AAII % Bulls 39.7 +20.7%

• AAII % Bears 37.6 -15.3%
• CNN Fear & Greed Index 42.0 (moved to FEAR from NEUTRAL) -12.0

Futures Spot Prices

• CRB Index 416.7 +2.9%

• Crude Oil 91.7/bbl. +9.0%

• Reformulated Gasoline 320.9 +5.2%

• Natural Gas 2.97 +2.7%
• US Power PJM Western Hub Peak Forward Y1 83.7 USD/Megawatt +1.3% 
• Dutch TTF Nat Gas(European benchmark) 72.50 euros/megawatt-hour +8.9%
  

• Heating Oil 453. +3.9% 
• Newcastle Coal 153.0 (1,000/metric ton) +9.7%

• Gold 4,424.0 -.9%
• Silver 66.0 -.9%
  

• Bloomberg Industrial Metals Index 181.2 +.7%

• Copper 665.3 +1.7%

• US No. 1 Heavy Melt Scrap Steel 394.0 USD/Metric Tonne +.9%

• China Iron Ore Spot 100.5 USD/Metric Tonne +1.0%
• China Battery Grade Lithium Carbonate 23,150.0 USD/metric tonne +4.5%
• Silicon Data LLM Token Expenditure Index .98(price per million tokens) -7.6% 
• inSpectrum Tech Inc. DRAM Spot DDR5 16Gb 1Gx16 49.5 -1.1%  

• CME Lumber 567.5 +.4%

• UBS-Bloomberg Agriculture 1,606.7 unch.
• US Gulf NOLA Potash Spot 345.0 USD/Short Ton unch.
• US Gulf NOLA Urea Granular Spot 444.50 USD/Short Ton +4.3%

Economy

• Atlanta Fed GDPNow Q3 Forecast +4.7% +10.0 basis points

• US Recession Within 6 Months Probability(3M/18M Forward Yld Curve Spread) 11.7 -1.9 percentage points

• NY Fed Real-Time Weekly Economic Index 3.06 +7.8%
• Caldara Iacoviello Geopolitical Risk Index 201.3 +21.8% 
• Global Monitor Iran Instability Index 69.0 +9.0
• Strait of Hormuz Oil Tanker Traffic Curtailed 90.0% unch.

• US Economic Policy Uncertainty Index 205.7 +98.1%
• Bloomberg Global Trade Policy Uncertainty Index .7 -.4
• DOGE Total Taxpayer Dollars Saved $215.0 Billion($1,335.40 Savings Per Taxpayer) unch.
• S&P 500 Current Quarter EPS Growth Rate YoY(493 of 500 reporting) +53.2% +1.1 percentage points

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 398.66 +2.95:  Growth Rate +21.5% +.9 percentage point, P/E 19.4 -.1
• S&P 500 Current Year Estimated Profit Margin 16.30% -1.0 basis point
• NYSE FANG+ Current Quarter EPS Growth Rate YoY(10 of 10 reporting) +132.6% -1.7 percentage points
• NYSE FANG+ Blended Forward 12 Months Mean EPS Estimate 971.48 +6.21: Growth Rate +44.7% -41.4 percentage points, P/E 19.5 unch.

• Citi US Economic Surprise Index 24.8 +3.6 points

• Citi Eurozone Economic Surprise Index 77.0 -10.6 points

• Citi Emerging Markets Economic Surprise Index 23.2 -.8 point

• Fed Fund Futures imply 0.0%(unch.) chance of -25.0 basis point cut to 3.25-3.5%, 41.6%(-1.4 percentage points) chance of no change, 58.4%(+1.4 percentage points) chance of +25.0 basis point hike to 3.75-4.0% on 9/16

• US Dollar Index 99.2 -.5%

• MSCI Emerging Markets Currency Index 1,930.8 +.3%
  

• Bitcoin/USD 79,673 +1.2%

• Euro/Yen Carry Return Index 207.8 -2.2%
• Swiss Franc/Offshore Chinese Renminbi Cross 8.28 -.4%

• Yield Curve(2s/10s) 41.25 +3.5 basis points

• 10-Year US Treasury Yield 4.78% +5.0 basis points
• Japan 30-Year Yield 4.0% -12.0 basis points

• Federal Reserve's Balance Sheet $6.690 Trillion +.1%
• Federal Reserve's Discount Window Usage $5.102 Billion -4.6%

• U.S. Sovereign Debt Credit Default Swap 35.1 -2.6%
  

• Illinois Municipal Debt Credit Default Swap 178.5 -1.6%
  

• Italian/German 10Y Yld Spread 81.0 -1.0 basis point
• UK Sovereign Debt Credit Default Swap 17.8 -.3%

• China Sovereign Debt Credit Default Swap 34.90 -1.5%
  

• Brazil Sovereign Debt Credit Default Swap 119.4 -2.7%
  

• Israel Sovereign Debt Credit Default Swap 52.0 -3.1%
• Dubai Sovereign Debt Credit Default Swap 60.7 -1.8%

• South Korea Sovereign Debt Credit Default Swap 21.2 -1.5%

• China Corp. High-Yield Bond USD ETF(KHYB) 24.1 unch.
• China High-Yield Real Estate Total Return Index 122.1 -.3%
  

• Atlanta Fed Low Skill Wage Growth Tracker YoY +3.4% unch.
• Zillow US All Homes Rent Index YoY +2.4% unch.
• US Urban Consumers Food CPI YoY +2.9% unch.
• CPI Core Services Ex-Shelter YoY +2.8% unch.
• Cleveland Fed Inflation Nowcast Core PCE YoY +3.40% unch.: CPI YoY +3.38% +1.0 basis point
• 1-Year TIPS Spread 2.34 +26.0 basis points
• 10-Year TIPS Spread 2.35 +3.0 basis points

• Treasury Repo 3M T-Bill Spread 20.5 +.75 basis point
• 2-Year SOFR Swap Spread -13.5 +.25 basis point

• 3-Month EUR/USD Cross-Currency Basis Swap -.25 unch.

• N. America Investment Grade Credit Default Swap Index 49.9 -.5% 
• BofA Private Credit Proxy Index 73.6 -.2%

• America Energy Sector High-Yield Credit Default Swap Index 97.0 -1.9%
• High-Yield Tech Sector OAS Index 432.5 -.1% 
• Bloomberg TRACE # Distressed Bonds Traded 207.0 -2.0

• European Financial Sector Credit Default Swap Index 53.6 -.5%

• Emerging Markets Credit Default Swap Index 136.9 -.7%
  

• MBS 5/10 Treasury Spread 111.0 unch.
• Bloomberg CMBS Investment Grade Bbb Average OAS 556.0 -2.0 basis points
• Avg. Auto ABS OAS .45 +1.0 basis point

• M2 Money Supply YoY % Change +5.4% unch.

• Commercial Paper Outstanding $1,441.4B -.4%

• 4-Week Moving Average of Jobless Claims 207,250 +.7%

• Continuing Claims Unemployment Rate 1.2% unch.
• Kastle Back-to-Work Barometer(entries in secured buildings) 52.7 -.2%

• Average 30-Year Fixed Home Mortgage Rate 6.75% +4.0 basis points

• Weekly Mortgage Applications 247,300 +.8%

• Weekly Retail Sales +8.70% +30.0 basis points
• OpenTable US Seated Diners % Change YoY +23.0% +6.0 percentage points
• Box Office Weekly Gross $180.0M -22.2%

• Nationwide Gas $4.15/gallon +.06/gallon

• Baltic Dry Index 3,488.0 +12.3%
• Drewry World Container Freight Index $4,465.1/40 ft Box -.2%
  

• China (Export) Containerized Freight Index 1,837.0 +.2%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 275.0 unch.
• Truckstop.com Market Demand Index 105.4 +13.5%

• Rail Freight Carloads 303,191 +2.2%
• TSA Total Traveler Throughput 2,7,095 +36.4% 
• US Morning Consult Daily Consume Sentiment Index 89.6 +.5 point
• Rasmussen Reports Daily Presidential Approval Tacking Poll 44.0% +1.0 percentage point

Best Performing Style

• Small-Cap Value +.4%

Worst Performing Style

• Mid-Cap Growth -1.0%

Leading Sectors

• Computer Hardware +4.8%

• Energy +3.7%
• Shipping +3.6%

• Agriculture +3.4%
  

• Steel +2.2%
  

Lagging Sectors

• Restaurants -3.6%

• Defense -3.7%
  

• Road & Rail -3.8%

• Cyber Security -4.0%
  

• Software -4.5%
  

Weekly High-Volume Stock Gainers (23)

• BBCP, NX, TYRA, TITN, CBRS, AEHR, SNDK, ALAB, AXTI, UCTT, CLYM, FIVE, AGCO, DOO, FRVO, SWBI, BPI, BETA, FOUR, QUAD, CMBT, DOCU, SFNC, CNH

Weekly High-Volume Stock Losers (10)

• CDNS, MAMA, ZS, SNPS, EFX, OXM, FICO, PATH, LULU and GWRE

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change