NewzAsian stock markets and U.S. futures experienced a decline on Monday, while global oil prices rose following a U.S. military strike on Iranian rocket launchers. The market downturn occurred amid heightened geopolitical tensions in the region.
Financial analysts attribute the broader market retreat to investor expectations that the U.S. Federal Reserve may implement interest rate hikes in the near future. The combination of military action and anticipated monetary policy shifts has contributed to current market volatility.
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