Stocks are on pace for a positive week but oil rose after escalation in the Strait of Hormuz. Traders await the debut of South Korean chip firm SK Hynix and mull Delta's results.

Stocks had a volatile week, but are on track for weekly gains, as investors overlook a flare-up in the Iran conflict in favor of Q2 earnings optimism.

Renewed hostilities in the Strait of Hormuz sent oil futures higher but eased as traders weighed the de-escalation outcome was greater than a continuance of hostilities.

Stocks are on pace for a positive week but oil rose after escalation in the Strait of Hormuz. Traders await the debut of South Korean chip firm SK Hynix and mull Delta's results.

Liz Ann Sonders shares her perspective on the U.S. stock market and economy in this monthly Market Snapshot video.

Fear around the future of Social Security payments is understandable, but it should not solely drive decisions on when to claim benefits.

Earnings from PepsiCo today and Delta tomorrow precede big banks and key chip names reporting next week. Oil and yields are elevated after the most recent Middle East skirmishes.

The swift move out of chips Tuesday could reflect market fatigue and precedes key chip company earnings next week. Fed minutes are today's highlight amid inflation concerns.

The Great Moderation has given way to a more volatile era, where inflation shocks and market dispersion favor flexibility and diversification.