Why Is the US Stock Market Down Today?

What: The US stock market fell 0.92% on Friday, marking its fifth straight weekly decline.
Why: Rate hike expectations crossed the 50% threshold, bond yields hit new highs, and the Iran war showed no signs of de-escalation.
Signal: The S&P 500 dropped below its 200-day moving average, a key technical indicator.
Target: Investors are eyeing the Federal Reserve's next meeting, where a rate hike is expected to be announced.
Risk: The market is at risk of a recession if the Fed continues to tighten monetary policy.