Fed Decision Looms as Iran War Keeps Oil in Focus and Micron Heads to Earnings

Investors brace for the Federal Reserve's policy decision amid the ongoing Iran conflict that has kept oil-supply fears in focus; crude prices hover above $100 a barrel, influencing inflation expectations and the outlook for rate cuts. Micron is due to report after the close, while Lululemon offered softer 2026 guidance, signaling a mixed backdrop for equities.