【視頻】霍爾木茲海峽24小時狀況監控：進出海峽的油輪明顯增多，但當前流量仍然不足以扭轉停產局面。

A-share fiber-optic concept stocks slipped in pockets; Hangdian Co. hit the daily limit down, while Yangtze Optical Fibre & Cable, Changyingtong, Yongding Co. and Guangdian Co. also fell.

Craig Shapiro, senior macro strategist and cross-asset trader at Ninja Trader Live, says Fed chair Kevin Warsh sounded optimistic on growth—largely citing AI—while falling oil has pushed down inflation breakevens. Shapiro adds that although the bar for further hikes may be higher than markets expect, the bar for cuts is even higher; with Warsh hinting that balance-sheet reduction may take longer, meaningful labor-market deterioration would likely be required to trigger easing. He cautions that if evidence of a labor slowdown mounts while the Fed delays policy easing amid still-elevated inflation, risk assets would likely come under pressure, making rotations from AI into higher-beta cyclical names or small caps harder and favoring defensive sectors and possibly gold.