Stocks Tumble amid Oil Surge, Earnings Misses, and Geopolitical Worries
- Stock market faces turbulence due to rising oil prices and geopolitical tensions like the Israel-Iran conflict
- Big earnings misses recently from companies like Tesla and Intel
- Labor market remains strong, reducing chances of imminent interest rate cuts
- Health insurers' stocks dropped due to lower-than-expected Medicare payment increases
- Oil prices have surged lately, threatening higher inflation