META +8.85% on AI cloud reports; global semi selloff (KLAC -11.8%, MU -10.57%, SOX -7%) split Q3’s opening session. Atlanta Fed cut GDPNow to 1.2% from 2.5% — 2026’s largest single-day revision — as ADP missed at 98K; Thursday’s NFP is the binary risk event. Warsh at ECB Sintra refused July guidance with hike odds at 54%; 10Y +6 bps to 4.48%. WFC +3.99% on Goldman upgrade and 11% dividend raise as all 32 banks cleared stress tests; Financials +1.61%.
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