The record equity rally is probably starting to lose momentum as oil prices push higher again and the US–Iran conflict expands beyond the Strait of Hormuz. Caution is already evident in Asia. After record closes in the S&P 500 and NASDAQ overnight, both Nikkei and KOSPI briefly hit new highs before reversing into negative territory. […]The post Stocks Stall as US–Iran Maritime Conflict Broadens, Oil Tests Limits of Rally appeared first on ActionForex.