Last week, U.S. equity markets remained volatile as investors reacted to a key Federal Reserve decision and persistent geopolitical tensions tied to the Iran conflict.

The Fed held its benchmark interest rate steady at approximately 3.75%, reflecting a cautious approach amid cooling inflation and the risk of renewed pressure from elevated energy prices. Brent crude remained high at roughly $105–$110 per barrel due to supply concerns around the Strait of Hormuz. Major indexes finished mixed, with the S&P 500 roughly flat to slightly higher, the Dow modestly positive, and the Nasdaq lagging.

Looking ahead, markets will focus on key economic data releases, particularly the March nonfarm payrolls report, alongside ISM manufacturing and services PMIs, JOLTS job openings, and factory orders. These indicators will provide insight into economic momentum and labor market strength following the Fed’s decision to hold rates steady. Investors will also monitor lingering geopolitical risks related to Iran and a late wave of earnings reports across retail, industrial, and technology sectors. This combination of macro data and external risks is expected to sustain elevated market volatility.

Given this economic backdrop, let us see how this impacts the performance of various investment strategies.