Global Markets Shaken: Fed Holds Rates Amid Middle East Escalation and Micron Earnings Blowout

Key TakeawaysFederal Reserve holds interest rates at 3.5%-3.75% in an 11-1 vote, citing "geopolitical uncertainty" and "elevated inflation" as primary concerns.Iran launches a fresh wave of missiles at Israel and targets energy infrastructure in Qatar, Bahrain, and Saudi Arabia, prompting the U.S. to prepare for control of the Strait of Hormuz.Micron Technology (MU) delivers a massive Q2 beat with an adjusted EPS of $12.20 and issues "blowout" Q3 revenue guidance of $33.5 billion, far exceeding analyst esti ...