U.S. stocks and bonds fell amid U.S.-Iran standoff and oil-market volatility
FirstSquawk reported on September 28 that the S&P 500 fell 0.8% and the Nasdaq 100 lost 1.1%, while Brent crude stayed around $105.
TLDR
FirstSquawk reported that U.S. stocks and bonds fell as the U.S.-Iran standoff fueled oil-market volatility. It said hopes for an imminent diplomatic breakthrough had faded, renewing concerns about inflation and higher Fed rates.
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