Here are 3 big things we're watching in the stock market in the week ahead

Wall Street heads into another holiday-shortened week of trading after a rough few days for the AI trade . The health of the labor market will be a big focus for investors. Within our portfolio, there's a make-or-break earnings report that will determine whether we'll keep the stock around. The market will also grapple with a flare-up violence in the Middle East, despite the U.S. and Iran having agreed to a 60-day ceasefire while negotiating a more durable end to the four-month conflict. The weekend escalation comes after tanker traffic through the vital Strait of Hormuz picked up last week, leading to a further retreat in oil prices. U.S. benchmark WTI crude on Friday settled below $70 a barrel for the first time since the war started on Feb. 28. International oil standard Brent, meanwhile, is down 22% in June, on pace for its biggest monthly decline since March 2020, at the onset of the Covid-19 pandemic. The dramatic decline in oil prices as the strait reopened had helped ease concerns that the Federal Reserve would need to hike interest rates multiple times later this year to squash inflation. For investors, the question heading into the trading week is whether the fallout from the attacks — first by Iran on Thursday, followed by retaliatory U..S. actions — impacts traffic through the Strait of Hormuz and oil prices. On social media Sunday morning, President Donald Trump threatened Iran with annihilation. …