Market Volatility Ahead of Biden's Israel Visit: Stocks, Bonds, Oil, and Gold React

Stocks and bonds were mostly flat as investors monitored diplomatic efforts to contain the Israel-Hamas conflict ahead of US President Joe Biden's visit to the region. Major earnings reports from Goldman Sachs, Bank of America, and Johnson & Johnson were anticipated, while Asian equities rebounded. Ericsson shares fell after the company warned of weak demand, while Rolls Royce announced job cuts. Yields on US 10-year bonds rose, the dollar stabilized, and Brent crude traded near $90 a barrel. The pound weakened after UK wage growth slowed, and investors awaited corporate results and comments from Federal Reserve speakers.