Geopolitical Tensions, Fed's Inflation Stance, & Key Market Swings

1. Geopolitical tensions escalated as US-Iran deal negotiations neared final stages amidst strong Iranian rhetoric, while Israeli forces reportedly crossed Lebanon's Litani River.
2. Federal Reserve officials (Paulson & Bowman) reiterated that inflation remains too high and current monetary policy is appropriate, with Bowman noting potential for war-driven inflation to broaden.
3. Bitcoin fluctuated between $73,000-$74,000, WTI crude oil dropped below $89, and tech stocks like Dell and NetApp saw significant surges following their earnings reports.