Stocks Rise as Earnings Offset Interest Rate and Geopolitical Worries
• Dow futures jump over 200 points as earnings reports roll in from companies like UnitedHealth and Bank of America
• 10-year Treasury yield touches 2024 highs, continuing to rise after hitting multi-month highs on Monday
• Escalating Israel/Iran tensions in the Middle East pose a geopolitical risk to markets
• Inflation remains high in the US, bringing into question the path of interest rates for the Federal Reserve
• While the US economy has strong underpinnings, markets could face corrections given factors like high debt levels and inflated investor positioning