Stocks Rise Ahead of Major Earnings Reports While Oil Prices Hold Steady
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Stocks rose Monday ahead of big earnings week from companies like Goldman Sachs, Bank of America, Tesla, and Netflix.
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Investors remain focused on Middle East crisis and potential impact on oil prices. Crude oil futures stable around $87-$91 per barrel.
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SEC declined to appeal decision on Grayscale's bitcoin ETF application, boosting crypto prices.
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CVS gained on news rival Rite Aid filed for bankruptcy. Lululemon jumped as it prepares to join S&P 500.
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Pfizer cut sales forecast for COVID vaccine, dragging down vaccine stocks like Moderna and BioNTech.