Stocks slid some more on Thursday, as investors, traders and speculators price in a potential energy shock and figure out what policymakers will do to contain its impact on consumers and the economy. "Wait-and-see" mode is getting more and more complicated for the Fed, while the White House continues its own efforts on multiple fronts to ease concerns about control of the Strait of Hormuz.
President Donald Trump, in a post on Truth Social, said U.S. ally Israel "out of anger for what has taken place in the Middle East, has violently lashed out at a major facility known as the South Pars Gas Field in Iran."
