US Stocks Fall as Oil Jumps, Iran Tensions Rise Before Earnings
What's reported
US equities declined amid volatile trading on Wednesday as oil prices surged and a standoff between the US and Iran over the Strait of Hormuz escalated. Investors also assessed the Federal Reserve’s policy decision while awaiting earnings reports from four megacap companies after the bell.
Why it matters
This story is appearing in the Finance & markets feed and is being tracked across multiple outlets. We'll update this post as further details emerge from the primary source.
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