Treasury yields were dropping Tuesday after a softer-than-expected reading on U.S. inflation. The yield on the 10-year Treasury bond was down about 5 basis points, at around 4.56%, while the rate on the 2-year Treasury note was sliding about 9 basis points,

Stocks rose Tuesday after a report showed U.S. inflation was not as bad last month as economists expected. That was even though oil prices continued to climb on worries that the United States and Iran may return to all-out war.

U.S. stocks rose as blockbuster bank earnings and a cooler-than-expected inflation report boosted sentiment, while a profit warning from IBM weighed on the Dow Industrials and dragged software stocks lower.

Stocks are rising Tuesday after a report showed U.S. inflation was not as bad last month as economists expected. That was even though oil prices continue to climb on worries that the United States and Iran may return to all-out war.

IBM shares sank as much as 25% as the company issued a profit warning citing a shift in customer spending from software to AI hardware and memory chips.

IBM stock was pacing toward its worst day ever on Tuesday after the company’s preliminary second-quarter earnings missed analysts’ targets. In a letter to shareholders, CEO Arvind Krishna explained that the shortfall was largely driven by the company’s infrastructure business.

IBM stock tumbled after the company published its earnings ahead of schedule and acknowledged a "disappointing" quarter.

IBM Corp. shares plunged as much as 26% in early trade on Tuesday after the technology giant released preliminary second-quarter results that missed Wall Street expectations, with both revenue and earnings falling short of analysts' estimates.

The price ​of Brent crude oil futures for prompt delivery rose on Tuesday ‌to a one-month high over the price for oil six months later as traders priced in renewed risks to Middle Eastern supplies and shipping through the Strait of Hormuz.

Oil surged to almost $87 a barrel, its highest level in a month after the United States and Iran traded attacks as they vied over the Hormuz Strait.

Crude futures extended gains as the U.S. reimposed its Iranian blockade and Iran said the Strait of Hormuz is closed.

The U.S. is the world's leading oil producer. We don't import much oil from the Middle East. Why, then, are oil and gas prices so high?

Kevin Warsh said in written testimony Tuesday the Fed will make high inflation “a thing of the past,” yet provided no signal about th

Kevin Warsh appeared before lawmakers on Capitol Hill for the first time as Fed chairman, where he delivered his semiannual testimony to the House Finance Committee. • Warsh reaffirmed the central bank’s commitment to bringing down inflation and said that the Fed will remain free of political influence.

The new chairman binds the Fed to a goal without hinting at interest-rate path, two weeks before a meeting where some officials could press for an increase.

Christopher J. Waller, a governor at the Federal Reserve, said he needs to see several months of lower inflation data to feel confident about the outlook.

China has reported its export picked up pace in June, jumping 27% from a year earlier thanks to strong demand from the boom in artificial intelligence

China’s exports surged more than expected in June, defying forecasts of a slowdown and providing a vital boost to an economy still weighed down by weak domestic demand.

China's IC exports surged in the first half of 2026, underscoring strong demand for AI, data center, and HPC hardware that lifted electronics supply-chain momentum. The General Administration of Customs said on July 14 that IC exports reached US$177.

China’s exports accelerated in June, jumping 27% from a year earlier, its customs agency said Tuesday, driven by strong demand due to the boom in artificial intelligence. The increase in exports in June was much better than economists had expected.

India’s inflation accelerated last month, rising above the Reserve Bank of India’s target for the first time in nearly a year and a half and keeping policymakers on guard.

India's CPI surged to an 18-month high of 4.38% and WPI hit 9%, driven by food and energy costs. Economists warn of pressure on corporate profits but note that a resilient domestic growth engine is providing a cushion against these shocks.

Inflation fell by 0.4% month-over-month in June and rose by 3.5% year-over-year. NBC News' Allie Canal and Investopedia's Caleb Silver report on the impact inflation may have on your budget.

India’s stronger-than-expected inflation reading for June has left policymakers facing a more uncertain outlook, with renewed tensions around the Strait of Hormuz threatening to push up oil prices and a developing El Niño raising the risk of higher food costs.