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What to make of the markets today? The biggest story in recent months has been the conflict in the Middle East and its effect on oil prices. After pulling back for a while, crude has started moving higher again as geopolitical tensions raise concerns about potential supply disruptions. Meanwhile, the Federal Reserve left interest rates unchanged at its latest meeting. Although inflation has continued to cool overall, the recent move in oil reminds investors that geopolitical developments can sti

A number of stocks fell in the afternoon session after April CPI hit 3.8% and Brent oil climbed to ~$107 confirming through the consumer data what manufacturers already reported through the ISM survey.