Stocks rise to start week as oil prices fall 10/28/24

Stocks are higher, as investors look toward a batch of megacap tech earnings to keep driving the Nasdaq to record highs . A cooling geopolitical situation also aided risk sentiment. Weekend airstrikes by Israel against Iran did not target oil or nuclear facilities as feared, and oil futures sold off. U.S. crude prices were down 6%, on pace for their worst day in more than 2 years. We’ll tell you all you need to know.