US stocks remained stable as traders held off on making significant moves in anticipation of a busy day, which included the unofficial start of the earnings season, testimony from Federal Reserve Chair Kevin Warsh, and the release of US inflation data. S&P 500 futures showed little change.
The technology sector experienced a boost, with South Korea's memory giants seeing a rebound and Nasdaq 100 contracts increasing by $0.5\%. Meanwhile, Brent crude oil prices climbed above $86 a barrel, reaching a one-month high, amid escalating tensions between the US and Iran concerning the Strait of Hormuz.
