Wall Street closed lower as rising U.S. Treasury yields and persistent inflation fears pressured equities, with the Nasdaq leading losses. Elevated oil prices amid Iran tensions and uncertainty over Federal Reserve policy weighed on sentiment, while investors stayed cautious ahead of Nvidia earnings, seen as critical for sustaining AI-driven market momentum.
Wall Street Week Ahead: Investors look for Fed rate clues, earnings signs as tech wobbles
Investors are keenly watching for clues on potential interest rate hikes and early earnings reports this week. Following a strong second quarter, the market’s tech-driven