Stock Market Pre-Open Update: Earnings Reports and Geopolitical Tensions
The stock market is slightly lower ahead of open as investors react to geopolitical tensions involving a U.S. ship being struck in the Strait of Hormuz, with President Trump suggesting US intervention. The S&P 500 and Nasdaq closed at record highs last week while oil prices rose by 3%. Earnings reports from Palantir Technologies (PLTR) and several consumer goods companies are expected this week.
Topics: earnings reports geopolitical tensions oil prices stock market