Dow Jones Futures Fall, Oil Prices Jump As U.S. Strikes Iran

Dow Jones Futures Fall, Oil Prices Jump As U.S. Strikes Iran

Source: Investor's Business Daily

DW NOTE

The Fed holds rates at 3.65% while oil falls 26% despite a closed Hormuz and a 4% global supply decline. Either the central bank believes this is transitory, or it has decided inflation is preferable to whatever breaks when they tighten into a war economy.

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