Wall St tumbled on Friday, with each major index closing at their lowest levels in months. The Dow entered correction territory as the month-long Middle East war continued to suppress risk appetite. The VIX rose to ⁠31.05, the highest close since 21 April. The S&P 500 software and services index

The Dow and S&P 500 posted record closing highs overnight, while the dollar and Treasury yields extended declines from the day before, when the Fed gave a less hawkish outlook than expected. Fed Chair Powell sounded balanced at a press conference, saying he did not "think a rate hike is anyone's