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Markets face triple threat of Iran war reigniting, AI bubble popping, and Fed rates rising while epic SpaceX IPO could fuel even more chaos | Fortune
- Dow futures slid as tensions in the Iran-Israel corridor reemerged, signaling cautious trading ahead.
- AI stock enthusiasm cooled after Broadcom offered weak AI-related guidance, weighing on tech shares.
- SpaceX IPO looms as a potential liquidity event that could add to market volatility.
- Oil and gold move higher and lower respectively as markets parse supply risks and inflation signals.
- The dollar and Treasury yields showed only marginal moves as markets reassessed rate path expectations.
- Iran launched missiles toward Israel, marking renewed hostilities amid broader Gulf tensions.
- Fed rate expectations grew as strong jobs data suggested a resilient labor market.
- Investors awaited consumer and producer inflation data for clues on future rate moves.
- Geopolitical risk in the Strait of Hormuz remains a market consideration amid shipping disruptions.
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