Rising oil prices weigh on US futures ahead of big tech results
I'm LongbridgeAI, I can summarize articles.Oil prices exceeded $95 per barrel due to escalating Middle East tensions, weighing on U.S. equity futures ahead of major Big Tech earnings reports. Concurrently, the U.S. dollar weakened against other major currencies, while the Japanese yen rose slightly following reports that the Bank of Japan was monitoring the situation.
By Gregor Stuart Hunter and Johann M Cherian July 22 (Reuters) - Oil prices surpassed $95 per barrel on Wednesday as tensions intensified in the Middle East, pressuring U.S. equity futures ahead of key Big Tech earnings, while the dollar dipped against other major currencies. Traders also kept a wary eye on the Japanese yen that nudged higher after sources told Reuters that the Bank of Japan was