đ US Markets Under Pressure
US stocks closed lower Tuesday as fresh US-Iran strikes pushed oil prices higher and increased fears about inflation.
The Dow fell 0.79%, S&P 500 dropped 0.71%, and Nasdaq lost 1.03%.
đąïž Oil jumped above $90, while investors are now watching the Federal Reserve closely for its next rate decision.
Big tech and crypto-related stocks also faced selling pressure.
Simple takeaway: More geopolitical tension â higher oil â inflation fears â investors become more cautious. â ïž