Markets were pricing roughly a 50% probability the Federal Reserve raises rates by December, a stunning reversal from expectations of two cuts at the start of the year. The tech-heavy Nasdaq 100 index was down more than 6% on the month and crossed into correction territory from its January peak.

Oil prices climbed Sunday after Tehran warned against a US ground invasion, despite President Donald Trump saying on Friday that negotiations would continue to end the war.

The price of oil rises to more than $115 as markets open in Asia; Iran has threatened to expand retaliatory strikes against universities and the homes of US and Israeli officials;

U.S. stocks deepened their drops Friday as Wall Street finished off a fifth straight losing week, its longest such streak in nearly four years. The S&P 500 fell 1.7% to close its worst week since the war with Iran began.

Find the latest developments at this new page The price of oil rises to more than $115 as markets open in Asia Israel's military says it is striking targets across Iran's capital, Tehran Iran's government says energy infrastructure has been damaged,

US stocks fell Friday morning as oil prices jumped above $110 a barrel and President Trump’s extended deadline for Iran to open the Strait of Hormuz failed to assuage investors.