Bob Iaccino of Path Trading Partners breaks down the latest market moves as tech stocks recover from Friday's selloff, lifting major U.S. equity indices. Iaccino analyzes how ongoing geopolitical tensions in the Middle East and threats near the Bab-el-Mandeb strait are impacting crude oil prices. He also previews the week's key economic data, including upcoming U.S. and Chinese trade balance reports, and highlights significant corporate earnings releases expected in the days ahead.