S&P 500 little changed as oil prices rise and earnings season continues

U.S. stocks were little changed on Wednesday as investors watched rising oil prices and a new wave of quarterly earnings reports. The S&P 500 opened slightly lower, while the Nasdaq Composite and Dow Jones Industrial Average also moved modestly in early trading. Energy markets stayed in focus as tensions in the Middle East pushed crude prices higher, adding another layer of uncertainty for markets. Several companies moved sharply after results. Super Micro Computer jumped after strongerthanexpected preliminary quarterly profitability, while EQT rose on better production and higher guidance. AT&T also gained after reporting adjusted earnings above estimates, though revenue came in slightly below forecasts. Other names, including Amazon, Reddit, GE Vernova, CalMaine Foods and Pegasystems, posted weaker moves after updates or earnings. Analysts said the latest corporate results are still supporting equity markets, with attention now turning to upcoming reports from large technology and industrial companies. Treasury yields were mostly steady as traders also weighed the outlook for Federal Reserve policy.