Wall Street oscillates aimlessly ahead of one of the most uncertain Fed decisions in years, while the flaring Iran conflict drives Brent towards $90 – SK Hynix faces a stock plunge despite a sixfold increase in profits – Rheinmetall and Deutsche Bank lift the DAX with record numbers above geopolitical worries, while Gucci parent Kering explodes by 10% – and Amphenol, Teradyne, and Garmin demonstrate that the AI-driven profit engine is far from stalling.

USA & MACRO ENVIRONMENT Wall Street struggles to find direction at the start of the week The S&P 500 is down −0.79%, the tech-heavy Nasdaq 100 loses slightly more at −1.14%, and the Dow Jones slips about 0.8% into negative territory. Looming over everything is the event that will shape the entire week: the Fed's interest rate decision. This is only the second meeting under new chair Kevin Warsh, and the market has forgotten how to interpret it. Warsh has declared a tight-lipped era and is signaling that decisions will no longer...