Global stock markets mostly rose on Tuesday, July 21, along with the euro as European Union leaders clinched an agreement on what they boasted was aThe 750-billion-euro deal was sealed after intense negotiations that saw threats of walkouts, vetoes, and fierce opposition from the Netherlands and Austria.
"This is the most important moment in the life of our Europe since the creation of the euro" in 2002, French President Emmanuel Macron said. "With the US economic outlook growing more uncertain, these steps to ensure a stronger recovery [have] and should continue to drive [the] euro higher," Lien said.
Quincy Krosby, chief market strategist at Prudential Financial, said the pullback in Nasdaq was probably due to profit taking.
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