Wall Street Rebounds as Middle East Tensions Spark Volatile Trading
Strait of Hormuz developments: Any confirmation of further Iranian military actions—or U.S. responses—could reignite oil price spikes and sector rotations away from energy-sensitive stocks. Fed policy signals: With the June Federal Open Market Committee meeting looming, traders will scrutinize inflation data (due May 10) for hints on whether the central bank maintains its “higher for … Read more