Interest Rate Decision This Afternoon; War Rhetoric Heats Up
1. S&P 500 fell 0.84% due to rising Middle East tensions. 2. Oil prices surged 4%, affecting inflation and Fed interest rate decisions. 3. Senate passed the Genius Act, enhancing stablecoin regulation. 4. Market uncertainty may lead to volatility, particularly with low trading volumes. 5. Jerome Powell's upcoming statements could influence the market direction.