00:00Markets are starting the week under pressure after U.S. forces struck Iranian rocket launchers
00:05near the Strait of Hormuz, ending a month-long lull in military action. Brent crude jumped back
00:11above $90 a barrel, while the S&P 500, Dow, and Nasdaq all moved lower. The renewed tensions are
00:18also putting Treasury yields higher and complicating expectations for Federal Reserve policy,
00:24particularly after Fed Chair Kevin Warsh signaled that stubborn inflation could require higher rates.
