US Markets end lower as Israel-Iran conflict intensifies @here 🇺🇸 Markets on Tuesday DowJones -0.7% Nasdaq -0.91% S&P 500 -0.84% 🇺🇸 President Donald Trump threatened Iran’s leader in a series of Truth Social posts Tuesday and demanded “UNCONDITIONAL SURRENDER!” Pentagon simultaneously moved assets to the Middle East to strengthen U.S. military’s defensive capabilities and expand Trump’s options! US Economic Data Consumer spending retreated more than expected in May-raised recession fears! 👉 Sales -0.9% on the month vs Dow Jones forecast for a 0.6% fall! Key to track on Wednesday 👉 Federal Reserve’s rate decision & commentary What are the expectations from Fed? Markets were last pricing in two quarter-percentage-point cuts this year, starting at the Fed’s September meeting Source: CME Group’s FedWatch tool What else to track on Wednesday? -May’s housing starts and preliminary building permits -Weekly jobless claims Other Asset Classes 🇺🇸 10-year Treasury yield at 4.4% 💲Dollar Index at 98.3 ⛽️ Brent Crude at 75.2$/barrel 💸 Bitcoin at 104840$ 🪙 Gold at 3,390$/ounce 🩶 Silver perked at $37.1/ounce, surged to a 13-year high!