Oil Rallies After US Intercepts Iranian Attack; US Futures Waver Ahead of Fed Decision and Tech Earnings
Oil prices rallied after the US announced it intercepted an Iranian attack on military bases, signaling an end to the pause in fighting. Meanwhile, US equity futures wavered as investors awaited the Federal Reserve's upcoming rate decision and key earnings reports from major tech companies including Microsoft, Meta, and Qualcomm. The tech sector is also watching SK Hynix, which signaled a sharp increase in capital spending.
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