Wall Street experienced a downturn on Monday as investors analyzed the U.S. interest rate outlook and awaited Nvidia’s earnings report. Friday’s rally, fueled by hints of a potential rate cut from the Federal Reserve, gave way to cautious trading. Upcoming inflation and jobs data are crucial, influencing expectations for Fed action.
Mixed geopolitical signals making market moves hard to decode: Seth R Freeman
Global equity markets, led by the US, have recovered strongly, reaching new highs despite ongoing geopolitical tensions. However, volatile oil prices, influenced by conflicting US-Iran