Stocks Muted as Middle East Uncertainty Persists
Schaeffers·- Stock markets remained muted at midday due to ongoing Middle East uncertainty and oil supply concerns, with U.S. West Texas Intermediate crude rising 3.8%. - Individual stock movements included Vistra Corp trading heavily in call options following its second-quarter earnings, and MP Materials surging 7.5% after reporting narrower-than-expected losses. - Coherent shares declined 10.6% amid news regarding a potential U.S. import ban on certain Chinese data center components.