Softer-than-expected wholesale inflation data aligned with yesterday's soft CPI report, trimming risks that the Fed could raise interest rates, supporting early gains. Memory stocks sank mid-session as investors took profits, with SK Hynix down 10.7%, SanDisk down 12.4%, Western Digital down 7.7%, and Micron down 7.3%. Rising oil prices amid Trump's intensified Iran attacks offset some momentum.
→ BlackRock, Johnson & Johnson reported pre-bell results; United Airlines will report after the close.
→ Trump said he would intensify attacks on Iran until negotiations progress, keeping geopolitical risk and oil volatility in focus.
→ Semiconductor sector volatility—watch for profit-taking to continue or stabilize as earnings persist through the week.