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S&P 500 futures are little changed as traders assess rising tensions between the U.S. and Iran: Live updates CNBCOil Steadies Following U.S.-Iran Escalation; Stock Futures Rise WSJMorning Bid: Chip euphoria vies with war weariness ReutersUS stock markets fall amid Iran strikes and potential higher interest rates The Guardian
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The cumulative impact of several different narratives - competition, sustainability, excessive leverage, international outflows- has sapped the Korean market of its upward mobility since clocking up a record high in June.
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Fed minutes: Officials deeply divided over future path of US inflation AP NewsFed officials were split on direction of interest rates at last meeting, minutes show CNBCFed saw "upside risks" to inflation, disagreed on rate path AxiosKevin Warsh buried an unusual, unhedged promise in his first Fed minutes—and one economist says it's the strongest signal in the document FortuneFed M
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The strikes by Iran and the attacks and re-imposition of sanctions by the U.S. came weeks after the countries agreed to try to find a lasting end to their hostilities.
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