Fed rate path
Officials including Goolsbee and Daly sent hawkish signals, suggesting that the Fed's rate-cutting cycle that began in September 2024 may have ended.
Mar 29, 2026 · QQQ/SPY Market Review · 13 headlines
Fed hawkish signals, Iran reports and oil-route developments frame a closed-market Sunday
U.S. markets were closed. Attention centered on hawkish signals from previously dovish Fed officials, reports about possible Iran ground operations and diplomacy, Saudi pipeline capacity and a bipartisan proposal to restrict Chinese robots in U.S. government use.
Published
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What shaped the session
Iran conflict and diplomacy
Reports described preparations for weeks-long U.S. ground operations, while Trump said Iran would allow 20 oil tankers through Hormuz and later described a possible agreement with Iran's new leaders.
Hormuz bypass capacity
Sources said Saudi Arabia's east-west oil pipeline was operating at its full capacity of 7 million barrels per day, marking progress in its plan to bypass Hormuz.
U.S.-China robotics policy
Schumer and Cotton introduced a bipartisan bill to ban Chinese robotics from U.S. government use, citing national-security threats.
Key news
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