Major US indices fell due to tech earnings and rising oil prices
The US stock market saw a second consecutive week of decline. Tech stocks reported challenging earnings, contributing to the downturn.
Oil prices gained nearly 10% this month due to escalating US-Iran hostilities. The US continued military actions, supporting the rise in crude oil futures.
The combination of disappointing tech earnings and rising oil prices led to a decline in major US indices. This marks the second week of decline for the US stock market.