Investors are navigating a pivotal week defined by anticipation of Federal Reserve policy and major earnings, with markets trading mixed amid a semiconductor selloff and a rotation into cryptocurrency. Crude oil prices declined following a pause in direct Iran-U.S. hostilities, though Iran remains defiant regarding negotiations and control of the Strait of Hormuz. Geopolitical instability persists, with Romania reporting the interception of a third Russian drone in three days and reports indicating Prime Minister Netanyahu intends to resist U.S. withdrawal demands. On the domestic front, the Senate is focused on the confirmation vote for DNI nominee Jay Clayton, while President Trump presses for the termination of the filibuster to pass the SAVE America Act. Market participants are also monitoring emerging liquidity risks, including potential supply overhangs from upcoming SpaceX share lockup expirations.