Week Ahead: Wall Street braces for Federal Reserve rate decision, Powell’s speech, PPI inflation

Amid the intensifying Middle East tensions involving Iran and the US-Israel coalition, alongside rising energy costs, Wall Street faces a hectic schedule in the week ahead. The US Federal Reserve will declare its interest rate verdict on Wednesday, accompanied by a media briefing by Chairman Jerome Powell. The monetary authority is widely anticipated to maintain…

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Wall Street slips as oil jumps to $100 barrel

Major US equity benchmarks opened lower on Thursday as crude oil prices climbed to $100 a barrel. At the open, the Dow Jones Industrial Average fell 174.7 points, or 0.37%, to 47242.52. The S&P 500 fell 34.9 points, or 0.52%, to 6740.88, while the Nasdaq Composite dropped 189.5 points, or 0.83%, to 22526.585. Source

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Wall Street slumps as investors fear prolonged Middle East conflict, energy & defense stocks rally

Major Wall Street stock indices slumped sharply on Monday as investors braced for a protracted Middle East conflict. The downturn follows joint US-Israeli strikes on Iran that resulted in the death of its Supreme Leader, triggering a geopolitical crisis. In retaliation, Tehran launched a barrage of missiles targeting Israel and American bases throughout the Gulf….

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