Global Stocks Rise as Oil Slips Ahead of Big Tech Earnings
Global stocks rose and oil prices slipped as investors weighed Middle East diplomacy efforts ahead of US Big Tech earnings and central bank meetings.
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Global stocks rose and oil prices slipped as investors weighed Middle East diplomacy efforts ahead of US Big Tech earnings and central bank meetings.
Workspace search string for individual stock moves: STXBZ The Day Ahead newsletter: The Morning News Call newsletter: (.) US stock indexes were mixed on Monday, with tech heavyweights facing heat as oil prices touched their highest in about two weeks ahead of big bank earnings and inflation data due later in the week t
Stock futures rose Friday as AI-related shares recovered and oil prices fell. The rebound followed Thursday's tech selloff, while investors also looked ahead to next week's earnings season and later U.S. consumer sentiment data.
The Nasdaq Composite closed at its 23rd record high of the year, boosted by tech giants like Nvidia and Microsoft. The S&P 500 and Dow also finished higher, despite a rise in U.S. 10-year Treasury yields to their highest level since 2002.