AI Wrecking Ball + Tariff Turmoil: Broad Selling, Defensive Rotation, Nvidia on Deck

Uncertainty and selling was a broad-based theme coming into the new week (Tariffs, Geopolitics-both Iran and now Mexico and AI Disruption Anxiety took its latest scalp: Big Blue). A defensive bias was pervasive throughout the session, from countercyclical stocks/sectors, to Treasuries and precious metals. Weekend and morning headlines focused on rising tariff uncertainty after President…