European markets set for modest rise, with earnings in focus; HSBC beats

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European stocks are set to open slightly higher on Monday as investors continue to monitor corporate earnings, Covid-19 and the inflation picture.

posted a better-than-expected third-quarter pre-tax profit, which jumped 75.8% from a year ago to $5.4 billion., which whipsawed after the firm announced Sunday that it had resumed work on more than 10 projects.

The company last week appeared to sidestep default through a last-minute bond coupon payment.in early pre-market trading on Monday after Wall Street notched its third positive week in a row. Both the S&P 500 and the Dow Jones Industrial Average closed Friday's session at a record high. Investors this week will be looking to big tech earnings, with

 

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