Stocks gain on softer inflation, bank results while oil rises on US-Iran hostilities
NEW YORK/LONDON July 14 : Shares were up modestly on Tuesday after softer than expected U.S. inflation data and strong second-quarter earnings from major banks, while oil prices rose for a second day as the U.S. and Iran battled for control of the Strait of Hormuz.The U.S. Consumer Price Index increased by a
14 Jul 15:46 · CNA