Hormuz Shock, Soaring Yields, and Dell’s Big Beat

Geopolitical tension in the Strait of Hormuz sends crude higher and US yields toward multi-year highs, pressuring futures and growth stocks. We also break down a mixed premarket earnings slate, including Dell’s surge, Palo Alto’s pullback, and the latest Big Tech M&A chatter, before previewing ADP payrolls, the Beige Book, and key after-hours reports.