Oil fell in Asia trading on Monday morning, dragged by the European Union (EU) easing sanctions on Russian oil and growing demand concerns in the United States ahead of a possible rate hike later this week.
Big tech earnings will flow in thick and fast in the upcoming week, providing more clarity on how supply chain disruptions and the macroeconomic malaise have impacted these companies.
The World Health Organization (WHO) on Saturday declared the monkeypox outbreak a global emergency, its highest level of alert.
WHO Director-General Tedros Adhanom Ghebreyesus said more than 16,000 cases in more than 75 countries have now been reported around the world.
Electric vehicle stocks closed mostly higher in the week ending July 22, thanks to a strong earnings report from market leader Tesla, Inc. (NASDAQ: TSLA). Some stocks reacted to company-specific developments, while shares of Chinese EV makers, closed uniformly lower.