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MARKETS LIVE: Wall Street rebounds, FTSE loses ground ahead of Netflix earnings tonight

GDELT16 min read

US stocks finished mixed on Tuesday after reports of progress in diplomatic discussions between Washington and Tehran eased some pressure on markets and sent oil prices lower. The Dow Jones Industrial Average climbed 530 points, or 1%, to 52,496, while the S&P 500 added 0.3% to 7,713. The Nasdaq Composite slipped less than 0.1% to 26,425. Brent crude fell back towards US$108 a barrel on hopes of progress in the talks, helping lift sentiment after an earlier bout of selling. Technology and semiconductor stocks also recovered from an early slide, though the Nasdaq struggled to hold on to gains. Investors are also looking ahead to a busy stretch of corporate earnings, with several major technology and consumer-facing companies due to report this week. Netflix, United Airlines and Intuitive Surgical were among the companies reporting after the closing bell, with attention turning to Meta Platforms, Tesla and IBM on Wednesday. With geopolitical developments still driving oil prices and sentiment, investors will be looking for signs that the diplomatic progress can hold, while earnings offer the next test of the market's resilience. Royal Road Minerals Ltd (TSX-V:RYR, OTC:RRDMF, FRA:RLU) reported surface sampling of 51 metres grading 1.12 grams per tonne gold, including…

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