Key Events This Week: Hormuz Status, Micron Earnings, and Geopolitical Tensions
This week's market focus includes the volatile situation in the Strait of Hormuz amid ongoing negotiations between Iran and the U.S., as well as key earnings reports from semiconductor company Micron (MU) and logistics firm FedEx (FDX). The geopolitical uncertainty has led to fluctuations in energy prices, while recent economic data releases will also be closely watched.
Topics: ceasefire violations Hormuz Strait Iran market volatility U.S.-Iran negotiations