Global markets are facing notable volatility, particularly within the semiconductor and tech sectors, where South Korea’s Kospi and companies like SK Hynix have seen sharp declines amid rising correlations with U.S. markets. Investors remain focused on the upcoming Federal Reserve policy meeting, with some analysts noting the possibility of a surprise rate hike. Geopolitically, a pause in U.S.-Iran hostilities has led to a drop in oil prices and spurred efforts to facilitate peace talks in the Strait of Hormuz, even as debates over regime-change strategies persist among policy experts. In U.S. domestic affairs, the Trump administration has petitioned the Supreme Court to allow for new mail-in voting restrictions. Separately, a significant study suggests that thymus health may play a critical role in reducing cancer risks and improving overall longevity.