Forex
Middle East Tensions Send Wall Street into Retreat
Wall Street took a dip on Thursday as investors focused on escalating tensions in the Middle East.
The S&P 500, Nasdaq, and Dow Jones Industrial Average all declined, with the Dow falling 0.31% to 51,350.11 points.
Oil prices rose after a Houthi missile attack on Saudi Arabia, with Brent crude up about 4% at $107 per barrel.
The uncertainty surrounding the conflict led to increased expectations of a Federal Reserve interest rate hike, with traders pricing in a nearly 70% chance of a hike next month.