S&P 500 hits six-month low amid geopolitical tensions and inflation concerns

Wall Street closed sharply lower with the S&P 500 reaching its lowest level in six months as geopolitical tensions in the Middle East intensified, raising inflation expectations and concerns about potential interest rate increases. The escalating situation is fueling market anxiety about economic stability. Such macro headwinds typically pressure risk assets including cryptocurrencies, as investors reassess growth expectations and flight-to-safety positions.