U.S. equity indexes slipped into negative territory mid-session as renewed U.S.-Iran tensions overshadowed softer jobs data from last week. WTI crude hovered near $82–$83 on mixed geopolitical signals, while the 10-year Treasury yield climbed above 4.68% ahead of critical inflation reports this week.
→ CPI and PPI reports due later this week—critical for Fed expectations and rate timing into September FOMC
→ Oil volatility tied to Iran negotiations; any breakdown or breakthrough could shift risk-on sentiment fast
→ Earnings continue: Cardinal Health, CoreWeave, Super Micro Computer on the calendar today; more mega-cap results drive momentum into close