U.S. futures declined as optimism over the U.S.-Iran deal to end their war was dimmed by the postponement of high-stakes talks on reopening negotiations over Iran’s nuclear program and getting oil moving through the Strait of Hormuz. Investor sentiment has also been hit by expectations that central banks including the Federal Reserve will raise interest rates to try to curb inflation. Higher inflation was a factor driving the Bank of Japan to raise its benchmark interest rate earlier this week to a three-decade high of 1% as it gradually adjusts its policies after years of near-zero or negative rates.Read More
Asian shares retreat in thin holiday trading after a tech-led rally on Wall St
