Brisbane Times ·general ·2 hours ago

Wall Street falls as oil surges near 2022 highs, Fed holds rates

Oil prices near 2022 highs and a divided Federal Reserve holding rates steady sent Wall Street lower Wednesday, with the S&P 500 falling 0.4 percent. Brent crude jumped 5.8 percent to $110.41 per barrel amid U.S. sanctions on Iran. Australia's ASX futures point to a 0.9 percent opening decline as higher oil prices and rate uncertainty ripple through markets.

Summary by Glance · Brisbane Times

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