Is This the Beginning of the Great Rotation?

Dow closes more than 250 points higher as investors snap up energy and bank stocks, Nvidia slides 6% (CNBC)

Fundstrat’s Tom Lee is about to raise his year-end forecast for the S&P 500 (CNBC)

How Long Can High Rates Last? Bond Markets Say Maybe Forever (Bloomberg)

Novo Nordisk to build $4.1 billion North Carolina facility to boost output of Wegovy, Ozempic (CNBC)

Apple, Meta Have Discussed an AI Partnership (WSJ)

Apple’s App Store Rules Illegally Stifle Competition In Europe—Possibly Drawing Billions In Fines, EU Regulator Says (Forbes)

Fast fashion retailer Shein confidentially files for London IPO as U.S. listing stalls (CNBC)

Delivery Drivers Got Higher Wages. Now They’re Getting Fewer Orders. (WSJ)