Stocks eye mixed start as China tempers U.S. boost: markets wrap
Stocks are set for a mixed start Monday as traders weigh a U.S. rally spurred by corporate earnings, China’s technology-sector regulation and an upcoming Federal Reserve meeting. The dollar was steady.
U.S. stocks closed Friday at a record and the S&P 500 has almost doubled from the depths of the pandemic. About 87% of the S&P 500 firms reporting results so far this season have beaten estimates. U.S. equity contracts fluctuated.
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Asia stocks to edge higher as earnings season eyed: markets wrap
Asian stocks looked set to open firmer Tuesday after their U.S. counterparts notched yet more all-time highs as investors awaited second-quarter earnings season. Treasury yields were steady as the U.S. sold debt.
Futures climbed in Japan, Australia and Hong Kong. U.S. contracts were little changed.
Megacap tech rebound reignites fear of ‘extreme’ valuations
Major U.S. technology and internet stocks have returned to favor on Wall Street, renewing concern...