The chip market starts the week licking its wounds after a swift descent over the last few days. Earnings from Alphabet and Intel in a few days are the next major keystones.

Crude oil futures (/CL) are rebuilding a risk premium as escalating U.S.-Iran tensions keep geopolitical concerns in focus.

Schwab's Kevin Gordon discusses the Leading Economic Index® and its role in signaling the current phase of the economic cycle in his latest look at the Week Ahead.

Our point of view on recent market and economic activity.

A three-headed monster hit the market early, with indexes burdened by the chip market sell-off, rising oil prices on Middle East tension, and a 10% post-earnings Netflix decline.

Stocks are on track for weekly losses, particularly in the technology space, as a sharp rise in oil prices and uncertainty around AI economics weigh on investor sentiment.

A cooler CPI report brought welcome news for investors, but persistent inflation pressures and higher oil prices continue to complicate the Fed's outlook.

Today brings earnings from chip foundry giant TSM and Netflix, while data includes retail sales and jobless claims. Chips continue to whipsaw, but stocks are up so far this week.

With the main surge of bank earnings over, investors face Morgan Stanley today along with chip infrastructure firm ASML. PPI follows a light CPI and Warsh continues testimony.