Wall Street had a rough day—literally nowhere to go. The Dow barely holding at +0.2%, S&P 500 down 0.2%, Nasdaq tanked 0.6%. It's giving "choppy" vibes.

Here's the drama: Nvidia (NVDA) bounced hard on yesterday's earnings hype, then got absolutely wrecked—down 2.5% to two-month lows. Typical tech volatility.

But plot twist—Fed President John Williams just said rates are "modestly restrictive" and hinted at more cuts coming. Market did the math: Dec rate cut odds jumped from 39% to 75% (according to CME FedWatch). Classic relief rally... that didn't quite happen lol.

Worth noting: Housing stocks are on fire (+3.5%), transportation stocks crushing it (+2.1%), but semis are still bleeding. Tech's schizo energy right now.

Asia took the L harder—Nikkei and Hang Seng both -2.4%, South Korea's Kospi -3.8%. Europe's just... existing (mixed bag). Treasury yields falling, which means money's getting nervous.

Bottom line: Market's stuck between "maybe Fed will save us" and "but nobody's sure about valuations." Classic uncertainty soup.