WS #9601

The data dump is dominated by noise: sports betting, crypto binary options, spam, and non-market news. The only notable signal is a Reuters-sourced report that US forces shot down two Iranian attack drones near the Strait of Hormuz, while a US official confirmed traffic flow continues uninterrupted. This is a minor escalation within the existing US-Iran conflict but does not materially change the de-escalation narrative from the previous window. The Iran deal optimism that drove the prior market surge remains intact, as no new contradictory information has emerged. The narrative arc is STABLE. No new high-significance developments warrant inclusion beyond the carry-forward of the Iran de-escalation theme.