More tech pain means gains elsewhere. What's winning in Monday's mixed market

Stocks opened mixed Monday as U.S. and Iran paused military strikes over the weekend, easing geopolitical pressure. U.S. oil slid about 7%, with West Texas Intermediate falling to roughly $83 a barrel, which helped reduce inflation worries and lifted bonds. The 10-year Treasury yield eased but stayed near 4.65%. Traders also looked ahead to the Fed’s two-day July meeting starting Tuesday, with CME FedWatch putting the odds at just over 60% for no rate change and nearly 40% for a hike. Banks and consumer names gained, while chip and AI-related stocks lagged.