Bob Iaccino of Path Trading Partners breaks down the latest market movements, noting slight gains in equities and metals despite a drop in the Russell. He analyzes the lower-than-expected weekly jobless claims and what they mean for the stable U.S. labor market. Iaccino also covers the recent FOMC minutes, highlighting a hawkish tone regarding inflation and interest rates. Finally, he discusses the geopolitical tensions following U.S. and Iranian strikes and previews upcoming U.S. Treasury auctions, corporate earnings, and key global economic data releases.