Stocks steady as U.S.-Iran tensions linger and earnings roll in
U.S. stocks trimmed early losses to hover near flat as investors weigh an extended U.S.-Iran ceasefire and a solid start to earnings season; the S&P 500 rose about 0.1%, the Nasdaq slipped 0.1%, and the Dow was little changed, with Brent crude above $100 as Middle East tensions persist. Tesla beat on the quarter but fell on big planned capex, IBM slumped after weaker software growth, and other major results kept the mood mixed. About 80% of S&P 500 companies reporting have beat expectations, while jobless claims rose to 214,000 and continuing claims held at 1.821 million as traders monitor peace-talk prospects amid oil-market volatility.
