Monday June 8 the tape rebounded from Friday's $1.3T chip rout: the S&P 500 closed +0.3% at 7,405.73, the Nasdaq +0.86% at 25,929.66, the Dow -0.16% at 50,786.01. Chip stocks led - Micron +10% after Friday's -13%, NVDA and Broadcom higher - while Trump tried to maintain the fragile ceasefire as Iran and Israel traded strikes. The rebound failed to extend: the rest of the week sold off on the strike escalation.