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 Earnings - 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 Earnings 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...