Global markets tumbled Tuesday as escalating Middle East tensions, particularly concerning the Strait of Hormuz, sent oil and gas prices soaring. This surge fueled inflation fears, prompting investors to delay expectations of Federal Reserve interest rate cut…
The Nasdaq led losses among U.S. stock index futures with a 2.3% drop on Tuesday as investors assessed the fallout of U.S. and Israeli strikes on Iran on inflation and global trade.Tehran's threat to… [+2763 chars]
