Inflation Cools and IBM's Earnings Drive Morning Market Moves

U.S. inflation cooled in June due to falling energy prices, boosting stocks overnight despite ongoing geopolitical tensions with Iran affecting oil markets. Meanwhile, IBM saw a record drop of 25% after missing earnings expectations.

By Alex Harring · CNBC · July 15, 2026, 12:31 UTC

Inflation Cools and IBM's Earnings Drive Morning Market Moves

Tickers: $IBM $MS

Topics: energy_prices fed_policy geopolitical_tensions inflation stock_performance

Read the full article at CNBC

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