Oct 3, 2022, 11:28 AM EDT
Oil prices surged to a 13-year high on Sunday as U.S. officials signaled an openness to a ban on Russian oil imports amid Putin's invasion of Ukraine.
Federal Reserve Chairman Jerome Powell is set to tell Congress on Tuesday that the omicron variant could threaten the U.S. labor market and cloud the inflation forecast.
A series of records for stock indexes has been fueled by robust buying from individuals.
U.S. markets have been on a streak and given investors a cause for celebration with the Dow, S&P 500 and Nasdaq all finishing up for the fifth consecutive quarter.