The main U.S. equity indexes were mixed on Wednesday, but technology and other risk-on sectors rose as market participants looked beyond events in the Middle East. Meanwhile, with a firm date set for an initial confirmation hearing for his nominee to be the next Fed chair, President Donald Trump has renewed his threat to fire Jerome Powell.
The front-month West Texas Intermediate crude oil futures contract was down 0.4% to $90.95, as investors, traders and speculators assess the bottleneck at the Strait of Hormuz and the state of negotiations to end the war.
