U.S. markets are awaiting the FOMC interest rate decision scheduled for this week. Geopolitical developments involving Iran are cited as a top catalyst for the Dow Jones and S&P 500 indices. Market focus has shifted toward tomorrow's FOMC meeting for key monetary policy decisions.
The Federal Reserve maintained interest rates at 3.50%-3.75% while new Chair Kevin Warsh signaled a hawkish pivot in his first policy meeting.
Read the full storyThe FOMC concluded its first meeting under Chair Kevin Warsh, marking a leadership transition that tests his ability to manage internal policy divisions.
The Federal Reserve has released its highly anticipated monetary policy decision, triggering a sharp sell-off across financial markets including equities and precious metals.
Investors focus on the upcoming FOMC meeting while monitoring geopolitical tensions involving Iran as primary catalysts for major U.S. indices.