Oil's biggest one-day gain since 2020. IBM missed earnings. CPI drops at 8:30. Warsh testifies today. It's a busy Tuesday
Oil's biggest one-day gain since 2020. IBM missed earnings. CPI drops at 8:30. Warsh testifies today. It's a busy Tuesday
Stock futures pointed in different directions Tuesday as rising energy prices, bank earnings, and key inflation data competed for investor attention
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U.S. stock futures were mixed Tuesday morning as traders assessed climbing oil prices, a flood of bank earnings, and the imminent arrival of June inflation data. Dow Jones Industrial Average futures fell roughly 0.9%, S&P 500 futures slipped 0.2%, and Nasdaq $NDAQ-100 futures rose 0.4%.
IBM $IBM stock fell 16% before the open after the company reported........
