Rate Hikes, Oil Prices, AI Concerns Set to Shape US Market This Week

The US market is set to be influenced by several key factors this week, including the Federal Reserve's interest rate path, oil prices, and growing concerns over artificial intelligence development.

After the Fed raised interest rates for the first time in three years last week, investors are uncertain about how many additional hikes could follow and what that means for Treasury yields.

The conflict in the Middle East has driven up oil prices to $100 a barrel, with the 10-year Treasury yield reaching 5%, emerging as key psychological thresholds for investors.

Fed officials will be in focus this week, particularly after new Chair Kevin Warsh's first test at leading the central bank.