Monday's Final Takeaways: Fed in Wait‑and‑See Mode; Metals and China Stocks Move

Fed Chair Jerome Powell signaled a wait-and-see stance on interest rates, leaving near-term policy direction uncertain. Oil prices rose as Middle East tensions increased, and energy-driven supply disruptions provided upside to aluminum producers Alcoa (AA) and Century Aluminum (CENX). Chinese stocks showed resilience despite the geopolitical and energy-driven market noise.

Analysis

Fed Chair Jerome Powell signaled a wait-and-see stance on interest rates, leaving near-term policy direction uncertain. Oil prices rose as Middle East tensions increased, and energy-driven supply disruptions provided upside to aluminum producers Alcoa (AA) and Century Aluminum (CENX). Chinese stocks showed resilience despite the geopolitical and energy-driven market noise.