Brent climbs above $87 a barrel after President Trump reimposed the naval blockade of Iranian ships. Markets await the latest US inflation data ahead of Federal Reserve Chair Kevin Warsh's testimony before Congress. Plus, five of the six largest US lenders report earnings before the opening bell. Abigail Watt of UBS previews CPI and Chair Warsh's testimony. Saul Martinez of HSBC looks ahead to bank earnings. (Source: Bloomberg)
An effort to block media giant’s planned takeover of Warner Bros. Discovery underscores how states are taking a more active role in antitrust regulation.
US stocks held steady before the bell on Tuesday as investors awaited inflation data and Federal Reserve Chairman Kevin Warsh’s testimony, while also assessing hostilities in the Middle East and a slate of corporate earnings.