Good morning, you're listening to Markets Desk.
The Federal Reserve convenes this week for its rate decision, and while markets aren't expecting a move, the real signal will come from the statement and Powell's press conference. Investors are watching closely for how the Fed characterizes the inflation picture amid persistent tariff pressures and a softening labor backdrop.
Shifting to earnings, Domino's Pizza took a hit today after the company reported that its investment in third-party food delivery weighed on margins and disappointed the street. The stock sold off sharply, a reminder that leaning on delivery platforms as a growth lever comes with real cost structure consequences that analysts are now repricing.
And on the geopolitical front, reports indicate Iran has signaled it would reopen the Strait of Hormuz and pause nuclear negotiations if the United States lifts its naval blockade and hostilities cease. That's a significant development for energy markets, given that roughly twenty percent of global oil supply transits that waterway, and any escalation or resolution there moves crude with immediacy.
That's the tape. Markets Desk, signing off the floor.
