Meta Meltup, Hynix Hype, Crude Crunch And Vaporized Volume Send Stocks Shooting Higher

Another Iran escalation, another day of Buying the F***ing Dip: markets briefly dipped on the latest (daily) Trump declaration that "the Cease Fire is OVER" at 10:30am, and then proceeded to ramp higher all session. 

Markets reverted to the old playbook and piled into AI-ecosystem names (helped by new models from OpenAI GPT 5.6, Meta Muse Spark 1.1, & SpaceX Grok 4.5) coupled with the surge in Meta, which led Nasdaq (and the rest of the US majors higher). Oil traders appear to have seen the latest Iran strikes as the climax and oil is again lower on those hopes. Bitcoin bounced back as the dollar slid even as bond yields rose. 

Oil