WS #10553

The dominant signal in this window is the U.S. Senate passing an Iran War Powers Resolution (50-48) demanding troop withdrawal from hostilities against Iran, following House passage. This is a significant political check on the Trump administration's Iran policy, though non-binding. Cross-source corroboration from multiple Bluesky posts, CNN, and Bloomberg confirms the vote. The resolution counters the prevailing bearish thesis of escalating US-Iran conflict and potential oil supply disruption, dampening energy sector bullishness and index bearishness. Separately, Alphabet (GOOGL) will replace Verizon (VZ) in the Dow Jones Industrial Average effective June 29, a major index rebalancing event. Nike (NKE) named David Denton (ex-Pfizer CFO) as new CFO, a positive signal for its turnaround. Cerebras (CBRS) reported strong revenue growth but fell 8% after-hours on lower margin guidance, reinforcing tech sector margin pressure. China targets US rare earths firms in response to Pentagon actions, escalating trade tensions. The UN begins evacuating 11,000 stranded sailors from the Strait of Hormuz, a de-escalation signal for shipping disruption. MSCI maintained Korea's emerging market status and upgraded Bulgaria to frontier. Deutsche Bahn suffered a nationwide IT failure halting all trains. Gold and silver fell sharply (-1.75% and -6.03% respectively).