Choppy Oil Keeps Investors on Edge, Stocks Brace for Big Earnings Week

Choppy oil keeps investors on edge, stocks brace for big earnings week

The short-term focus again was oil prices, which swung sharply as investors weighed Yemen's Iran-aligned Houthis declaring a naval blockade against ‌Saudi Arabia against ⁠Reuters reporting that ⁠mediators had passed Iran a proposal to de-escalate the war with the U.S. Benchmark Brent crude was flat on the day at $88.3 a barrel, having earlier climbed above $90 for the first ​time in more than a month.

Dow Rebounds as Chip Stocks Rally and Iran Signals a Diplomatic Opening Ahead of Earnings This Week

The Dow Jones climbed as semiconductor stocks rebounded, driven by easing U.S.-Iran tensions and anticipation of major tech earnings. Investor focus shifts to forward guidance amid market volatility.

Stocks advance on tech strength; Mideast in focus

By Ankur Banerjee and Johann M Cherian July 21 (Reuters) – Global stocks rose on Tuesday, underpinned by gains in technology stocks, as investors waited for corporate earnings this week that could test an AI trade under pressure, while mediation efforts in the Middle East kept oil prices in check. The U.S. and Iran traded fresh fire, and Yemen’s Tehran-aligned Houthis said they would impose a naval blockade on Saudi Arabia, which risks further d…