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Wall Street Indices React to Oil and Earnings
Wall Street indicators fluctuated at the start of the week, with the Dow Jones rising by 0.3% and the S&P 500 by 0.1%, while the Nasdaq declined by 0.1% after reaching record levels last week. Investors are awaiting earnings reports from major banks such as JPMorgan, Goldman Sachs, and Citigroup, which will reflect the sustainability of the current bullish trend. In the oil market, prices surged following increased geopolitical tensions resulting from Russian strikes on Ukrainian stations and American hints of action against the Houthis. Markets are also watching inflation data and retail sales to determine the direction of interest rates ahead.
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