Bonds & Stocks
Weak economic data and concerns about an escalation of risks in the Middle East drove stocks down as bonds rose, with traders gearing up for Wednesday’s Federal Reserve decision. Oil climbed.
Economy
US equity futures fell and oil rose after President Donald Trump called for the evacuation of Tehran, in remarks that contrasted with earlier optimism that Israel-Iran tensions wouldn’t escalate into a wider conflict.
World
US President Donald Trump left the Group of Seven leaders meeting in Canada early to deal with the Israel-Iran conflict, playing down the prospects of a ceasefire in favor of “a real end.”