Ed Ludlow

We have the details.

Interesting day to launch a product.

There's volatility around the world when it comes to tech because we want some certainty around the war in Iran.

And certainty is not what the market is getting at the moment.

And it's an extraordinary day once again when you think about also the economic data coming in strong for the services sector.

Inflation pressure actually dialing back.

But now the market tries to understand where the puck moves.

NASDAQ 100, as you say, big tech in charge today.

We're up 1.5%.

Bitcoin also seeing a risk asset move into that.

We're up almost 8%.

73,000 is where we trade.

Crude down, and that's maybe alleviating some of the pressure on stocks.

We get that update from at least the Pentagon's perspective and the U.S.

perspective, what's happening in Iran.

Overnight in Korea, the KOSPI, the main benchmark index, dropped 12%, the most on record.

There was a halt very early in the Korean session for volatility, and it was those two names that we talked about 24 hours ago that provided for that volatility, Samsung and SK Hynix.

Part of this is what's happening with Iran.

Part of it is that Korean equities were massive outperformers, but it's just a moment in time.

I'm looking backwards, but my goodness, that was a market check that maybe we didn't expect this morning.