Good morning. Stocks were mixed Tuesday as semiconductor names gave up the previous session’s rebound and oil prices rose.
Brent crude oil futures (BZ=F) were near a five-month high of $110 a barrel, while WTI (CL=F) traded just below $100 following Houthi rebel attacks on Saudi Arabia amid an ongoing conflict in the Middle East.
The technology sector (XLK) declined, led by chipmakers like Nvidia (NVDA) and AMD (AMD). Memory makers Micron (MU) and SK Hynix (SKHY) also fell as Monday’s rebound in AI trading petered out.
Shares of neocloud provider CoreWeave (CRWV), which were hammered last week on AI funding fears, fell after attempting a rebound on Monday.
Here’s a check of the markets during the first few minutes of trading, based on a heat map powered by Yahoo Finance AlphaSpace data.
Investors focused on Tuesday’s earnings releases from GM (GM), GE Aerospace (GE) and RTX Corporation (RTX), with SpaceX (SPCX) expected to report after the bell.
Later this week, Tesla (TSLA) and Meta (META) are also expected to report.
Here are some other notable stocks Yahoo Finance readers are checking out this morning: 3M (MMM), Amazon (AMZN), and Trump Media & Technology (DJT).
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