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The market is experiencing nervousness due to geopolitical tensions in the Middle East and upcoming Federal Reserve meetings, impacting major indices and commodities like gold and oil.
- Tensions in the Middle East, including conflicts in Gaza, Syria, and warnings to Iran, are causing market nervousness.
- The NASDAQ and Dow are attempting to put in a bottom after corrections, influenced by geopolitical issues.
- Gold has reached a new record high above $3,000 amid global turmoil.
- The S&P 500 target price has been lowered to 6,200 by RBC Capital.
- Bitcoin is experiencing a risk-off day, down 1.6%.
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