US stocks plummeted following the decision by the Fed to keep interest rates steady amid the ongoing conflict with Iran.Jerome Powell signaled that the central bank expects only one rate cut this year as wholesale inflation remains unexpectedly high.Global oil prices surged toward 110 dollars per barrel after reports of Iranian strikes on regional energy infrastructure.The
Dow Jones Industrial Average plummeted nearly 800 points while
Treasury yields rose to 4.26 percent amid persistent uncertainty.