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US stocks fall amid oil increase and Fed decision
The U.S. stock markets declined across the board, while oil prices rose as investors awaited the Federal Reserve's decision on interest rates. The Dow Jones Industrial Average fell by approximately 410 points (0.8%), while both the S&P 500 and Nasdaq dropped by 0.2% each. Oil prices increased significantly after remarks from U.S. President Donald Trump about the possibility of launching strong strikes against Iran, with West Texas Intermediate crude futures rising by 6.9% to reach $89.88 per barrel. This came after the U.S. Central Command announced its opposition to attempts by Iran to launch ballistic missile attacks on American forces in the Middle East. The market is closely watching the Federal Reserve's decision regarding interest rates, which is expected to remain within the range of 3.5% to 3.75%.
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