– U.S. stocks and Treasuries gained, while REITs and commodities fell as Nvidia’s outlook and cheaper oil offset a hawkish Jackson Hole message.
– Technology led a narrow rally after Nvidia’s blockbuster outlook, while energy and healthcare fell 2% and most factors and sectors lost ground.
– Vietnam surged 5.3% on a larger FTSE weight, while Taiwan gained 3.0% on AI optimism. Oil-sensitive Colombia tumbled 6.4%.
– Bitcoin jumped 9.9%, while oil, gold and silver sank. Long Treasuries rallied, but a 0.8% dollar gain punished unhedged foreign bonds.

– Stocks fell as long yields and oil rose, while commodities surged on geopolitical and fiscal worries. REITs slipped and Treasuries were mixed.
– Healthcare jumped 4.3% and energy gained as oil rose, while tech, industrials and momentum fell about 3% amid a rotation from crowded trades.
– Emerging markets gained 1.2%, led by Africa and Latin America. Korea and China rose, while developed markets slipped 0.5%.
– Oil and precious metals surged as U.S.-Iran tensions and fiscal worries flared. The dollar fell 0.8%, while Treasuries and credit were mixed.