Wall Street Stocks Rise Even as Oil Prices Stay High; Fed Likely to Maintain Rates
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Wall St Rises Despite High Oil Prices; Fed Expected to Hold Rates Steady
M
Moneycontrol•18-03-2026, 08:31
Wall St Rises Despite High Oil Prices; Fed Expected to Hold Rates Steady
•Global markets are navigating geopolitical tensions and macro cues, with Iran confirming deaths of security chief Ali Larijani and Basij force commander Soleimani.
•US counter-terrorism director Joe Kent has resigned amidst the ongoing Iran conflict.
•Crude oil prices remain elevated, with Brent above $100 per barrel and WTI near $94.8.
•Investors are focused on the US Federal Reserve's policy decision, with expectations for rates to remain steady in the 3.5%–3.75% range.
•Asian markets are trading higher, led by South Korea's Kospi, and Japan's exports rose 4.2%.
