US stocks experienced volatility, trading near the flatline as traders awaited crucial earnings reports from major tech companies. The market saw fluctuations with chipmakers recovering from earlier lows and oil prices surging due to heightened tensions between the US and Iran.

Investors are keenly focused on the upcoming financial results from tech giants Alphabet Inc. and Tesla Inc., alongside International Business Machines Corp., which are scheduled for release later today. These announcements are expected to provide significant insights into the performance of the technology sector and the broader market sentiment.

The anticipation surrounding these earnings, coupled with geopolitical developments, has created an environment of cautious trading. Market participants are weighing the potential impact of these corporate updates and global events on their investment strategies.