WS #10998
No genuinely new material developments have occurred in the last 30 minutes. The previous synthesis covering Supreme Court rulings and Alphabet's DJIA inclusion remains the dominant narrative, with no counter-signals or de-escalation to report.
Topics
Key developments
- Supreme Court overrules Humphrey's Executor, expands presidential firing power over independent agencies
- Supreme Court rejects Trump's bid to fire Fed Governor Lisa Cook, preserving Fed independence
- Supreme Court upholds Mississippi mail-in ballot grace period, rejecting Republican challenge
- Alphabet replaces Verizon in Dow Jones Industrial Average, stock up ~3%
- Strategy authorizes bitcoin monetization program, shares up 3%
- Japanese yen hits four-decade low of 161.97 against dollar
- Ukrainian drone strikes continue to hit Russian oil refineries; Putin admits fuel shortages