Tuesday, June 30, 2026: Dow closes above 52,000 for the first time as the US-Iran truce holds; AI boom projected to power 22% S&P 500 EPS growth; the NVDA-to-AVGO/AMD rotation gets real.

Interim peace deal lifts global stocks and oil — ceasefire holds, VIX sinks, record highs pile up. AI trade splinters: NVDA steady but AMD is crushing it in 2026, billionaire loads 196K AVGO shares, Anthropic models go live on GB300 in Azure. Chicago Fed conditions index at -0.516 — financial plumbing wide open; 10Y real yield holds at 2.18%, HY spreads a razor-thin 2.80 bp. China’s headline PMI masks a sputtering domestic demand engine — ING flags the divergence as Asia shares track Wall Street higher anyway. So what? Peace bid and loose financial conditions keep the party going, but the AI rotation and China’s soft underbelly are the cracks to watch this week. Quant Picks (model confidence >= 70): $EIX — +5.4% vs Utilities (6m), confidence 88 $INTU — +5.1% vs Technology (6m), confidence 88 $HPQ — +4.0% vs Technology (6m), confidence 87 $CLX — +3.6% vs Consumer Defensive (6m), confidence 88 $CF — +3.6% vs Basic Materials (6m), confidence 88

Interim peace deal lifts global stocks and oil — ceasefire holds, VIX sinks, record highs pile up.