Oil prices held steady Monday following recent U.S. military strikes against Iran.
Investors are now watching closely for the next major market catalyst: the upcoming Consumer Price Index (CPI) report.
Tech stocks led a broader market decline as traders repositioned ahead of the inflation data.
The CPI release is expected to offer fresh insight into the Federal Reserve’s next policy moves.
Despite the slide in equities, the energy sector saw modest gains tied to geopolitical tensions.
Bond yields edged lower as cautious sentiment pushed demand toward safer assets.
Market participants remain focused on whether inflation will show signs of cooling or persistence.
