S&P 500 ▲ 7,509.20 · Brent ▲ $92.22 · Gold ▲ $4,131.40 · VIX ▼ 17.0 · 10Y UST ▲ 4.63%
The US–Iran war crossed three thresholds in 24 hours. Air strikes hit Tehran for the first time since the 8 July ceasefire collapsed – the 11th consecutive night. Hegseth told the Senate the conflict has cost $37.5 billion and requested $67.1 billion more. Houthis decla…