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Stocks gain on softer inflation, bank results while oil rises on US-Iran hostilities
NEW YORK/LONDON July 14 : Shares were up modestly on Tuesday after softer than expected U.S. inflation data and strong second-quarter earnings from major banks, while oil prices rose for a second day as the U.S. and Iran battled for control of the Strait of Hormuz.The U.S. Consumer Price Index increased by a
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Stocks, Bonds Fall as Oil Jump Fuels Fed-Hike Bets: Markets Wrap
(Bloomberg) -- A standoff between the US and Iran lifted oil prices, dragging down stocks and bonds after clashes over the Strait of Hormuz raised concerns about a disruption in…
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Oil Holds Gains as Iran Stokes Inflation Worries: Markets Wrap
(Bloomberg) -- Oil held gains and Asian stocks were set to track Wall Street lower after the standoff between the US and Iran intensified, raising concerns that disruptions to…
