Nasdaq surges 1%+ mid-session while S&P 500 gains 0.6% as investors reset after last week's tech selloff and await megacap earnings from Alphabet, Tesla, and Intel. Geopolitical risks persist with U.S.-Iran escalation and Houthis announcing Saudi oil embargo, pushing crude and VIX higher.
→ Alphabet and Tesla earnings later this week—test whether sell-the-news dynamic that punished recent beats persists or fades
→ Iran response timeline and Houthis' ability to disrupt Bab al-Mandab Strait; oil market reaction if disruptions materialize
→ Closing strength into 4 PM: narrow breadth today (most stocks declining despite index gains) signals divergence risk heading into week's close