FX option expiries for Thursday 8 March 2018 - 10am NY cut

VOYA +3.5%, STEP +2.8%, FOUR +3.2%, NAVI +2.9% as value stocks rally on AI valuation fears & shutdown relief.

Value stocks like PVH (+4%) gain as tech valuations raise red flags. Government shutdown fears ease, shifting capital.

Value stocks like SLM (+4.9%), GS (+3%), EVR (+3%) surge as tech valuations raise red flags. Shutdown fears ease.

Value stocks MOV (+4.1%), AMCX (+5.1%) surge as tech valuations raise red flags. Government shutdown fears ease.

Tech stocks like PLTR dump 7% on valuation fears; TTMI, MLKN, CSCO jump on value rotation. Nasdaq dips 1.4%.

SFIX, HBI, OPEN jump on value rotation; VFC up 4.7% despite -28% YTD, -42% from high.

Value stocks surge as tech valuations raise red flags. FNKO +4%, PLAY +3.5%, AAL +3.9%, DAL +4.6%, UAL +5.2%.