Global markets are keenly watching the US Federal Reserve this week for insights into interest rate cut timelines, as the Middle East conflict fuels oil price surges and economic uncertainty. Policymakers will assess the impact of the energy shock on inflation and growth, potentially delaying anticipated rate reductions.
US stocks today: US stocks end lower as Iran tensions dampen risk appetite; chipmakers drop
Tech stocks dragged Wall Street lower as escalating US Iran tensions and a renewed blockade lifted oil prices and dented risk appetite. Nasdaq led losses