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Markets React to Geopolitics and Rate Hikes
Description
Global markets wobbled this week as hopes for a U.S.-Iran deal fizzled, oil prices dipped from highs, and the Bank of Japan stunned markets by hiking rates to a 30-year peak. In the U.S., tech stocks rallied—led by Intel’s big chip deal—while SpaceX’s post-IPO slump continued. Inflation stubbornly persists, pressuring the Fed to possibly raise rates again. Geopolitical chaos and central bank moves keep investors on edge.
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