Major indices slipped in today’s regular trading session due to rising geopolitical tensions in the Middle East and related commentary from President Donald Trump. Escalating strikes between the U.S. and Iran pushed oil prices higher, with Brent crude briefly topping $90 before paring some gains. The Dow, the S&P 500, and the Nasdaq fell 0.6%, 0.2%, and 0.05% respectively.
This week, investors will be watching earnings for clues on AI spending and management tone heading into the second half. Alphabet (GOOGL), IBM (IBM), and Tesla (TSLA) dominate this week’s reports. On Tuesday, 3M (MMM), Charles Schwab (SCHW), General Motors (GM), Halliburton (HAL), Chubb (CB), and Interactive Brokers (IBKR) will release their quarterly earnings.
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