...dominant macro driver overnight is a Houthi escalation in the Red Sea (two Saudi tankers struck), pushing WTI above $90, and driving yields higher. GOOGL earnings underwhelmed with Mag7 lower but Semis higher...

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…

July 21 : Global stocks rose on Tuesday as oil prices retreated from a one-month high on mediation efforts in the Middle East, and investors braced for corporate earnings that…