US to Lend $4.2 Billion to Vistra for Nuclear Expansion

The United States is preparing to lend $4.2 billion to Vistra to expand nuclear power output, according to a report from Reuters citing a source familiar with the matter. The federal financing marks a substantial capital infusion aimed at securing baseload generation as electricity demand accelerates. Energy infrastructure and utility balance sheets have drawn fresh scrutiny as capital requirements for generation capacity climb. A direct loan facility of this size relieves immediate commercial debt markets from funding the initial outlays, targeting nuclear supply directly rather than relying on broader market issuance. On the equity desk, index books are holding comfortable positive gamma profiles across the board. SPY trades at 769.64, holding above its 768.04 flip line, with dealers positioned long gamma between a 760 put wall and a 775 call wall. The expected move sits at plus or minus 0.46%. In long gamma territory, dealer hedging acts as an absorber against intraday headline shocks, selling into surges and buying into dips rather than chasing directional momentum. QQQ reflects a similar setup, printing 749.58 against a 748.08 flip and a 755 call wall, while IWM trades at 281.52 over its 280.02 flip. Across the equity benchmarks, dealers are structurally positioned to dampen volatility, keeping immediate market moves contained within established boundary walls.