S&P 500 Pulls Back Amid Mideast Tensions and Earnings Reports
The S&P 500 experienced a slight pullback ahead of its open on Thursday, influenced by rising tensions in the Strait of Hormuz and profit-taking after a record close the previous day. Despite the retreat, the index remained above the 7,100 level, supported by strong earnings reports and buyback announcements. Oil prices climbed above $100 per barrel, impacting airline stocks like American Airlines.
Tickers: $AAL $NFLX $NVDA $TSLA
Topics: AI Stocks Earnings Reports Mideast Tensions Oil Prices S&P 500 Stock Buybacks