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US stock markets fall amid Iran strikes and potential higher interest rates

Dow down 1.09%, or 500 points, as S&P 500 sees a small loss and tech-heavy Nasdaq rises slightlyMiddle East crisis liveUS stock markets fell on Wednesday as the US continued strikes on Iran and the Federal Reserve flagged concerns that would warrant higher interest rates.Donald Trump’s declaration at the Nato summit in Ankara that the Iran-US ceasefire is over sent oil prices sharply higher Wednesday. Brent crude, the global benchmark, jumped more than 5% to crest $80 a barrel. US…

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Source: www.theguardian.com

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