Global Markets Hold Steady Amid US-Iran Tensions and Fed Meeting

Global markets remained cautious on Tuesday as investors assessed conflicting signals over potential US-Iran ceasefire talks and looked ahead to the Federal Reserve's monetary policy meeting.

The relief rally sparked by the decision to pause strikes faded quickly, with the US Dollar Index ending Monday virtually unchanged after opening lower. Oil prices also remained under pressure following a sharp decline in West Texas Intermediate crude.

The weakness in technology stocks added to the cautious mood across markets, contributing to a deterioration in broader market sentiment.