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Stocks slump as AI rout resumes, supporting havens - Newsquawk US Market Wrap

Stocks slide as AI fears accelerate despite initial midterm relief rally, chatter emerges over losses at multiple hedge fund trading pods; Unknown seller looks to offload USD 500mln in data centre loans; US initial claims little changed W/W; Fed's Hammack says rates need to move to a restrictive stance; Senior US officials reportedly see a high probability of war with Iran; Iran reportedly reviewing "concrete proposals" on its nuclear programme; AAPL announces high-grade bond offering; QCOM earnings underwhelm; BoE delivers hawkish rate hike.

Not Quite Volmageddon... Yet

Tech vol is approaching Liberation Day extremes. The short end of the vol curve is screaming panic. Not quite Volmageddon... yet.
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