US stocks paused near record highs as rising oil prices and stalled Iran peace talks tempered momentum after a strong rally. Brent crude climbed above $108 as disruptions through the Strait of Hormuz continued, keeping pressure on global markets. Investor focus is now on earnings from major US technology companies and upcoming Federal Reserve policy signals amid concerns over inflation from higher energy prices.
US stocks pause record rally as oil climbs on Iran tensions, focus shifts to Big Tech earnings
