US stocks slipped as rising oil prices linked to the Iran conflict weighed on markets. Airline and retail shares declined while investors watched the Strait of Hormuz closely. Higher energy prices may also delay Federal Reserve interest rate cuts
World markets showed mixed performance Thursday as investors anticipate the Trump-Putin summit and US wholesale inflation data. Bitcoin briefly surged past $123,000, while global equities remained volatile amid uncertainty over Ukraine, energy sanctions, and monetary policy moves.
