Stocks gear up for Big Tech earnings; yen down versus dollar, euro

NEW YORK/LONDON, April 23 - Global shares rose on Tuesday, driven by a recovery on Wall Street, where investors are focused on earnings reports from the U.S. megacaps, and the yen hit multi-year lows against the dollar and the euro.

The FTSE 100 , opens new tab eased back from a record high, as the STOXX 600 , opens new tab rose 1% on gains in the technology sector. Against that backdrop, spot gold was down 0.41% at $2,316.64 an ounce after shedding 2.7% the day before. "There are lots of things that could cause volatility between now and the end of the year. And so we're probably coming to a more constrained, more volatile period for markets."

Traders now expect the first Fed rate cut to come most likely in September and see just 40 basis points' worth of cuts this year, compared with expectations for 150 bps of cuts at the beginning of the year.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks gear up for Big Tech earnings; yen sits near danger zoneThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »

Premarket: Stocks rise ahead of Big Tech earningsGold is heading for a week-on-week drop of 3.2 per cent, while oil has backed off last week’s high
Source: globebusiness - 🏆 31. / 66 Read more »

Stocks rebound, AI in Big Tech, Tesla: Trading TakeawaysAfter a tumultuous start to the second quarter, stock market indices (^DJI, ^IXIC, ^GSPC) are seeing a solid day of green to kick off the trading week...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Big 6 tech stocks downgraded by UBS on 'collapsing' earningsUBS Chief Investment US Equity Strategist Jonathan Golub downgraded the 'Big Six' tech stocks - Amazon (AMZN), Apple (AAPL), Alphabet (GOOG, GOOGL), Nvidia ...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Stocks bounce back with Big Tech earnings in viewBig Techs are the highlight as hopes rest on this week's flood of earnings to reassure and reignite the market.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stocks moving higher ahead of this week's Big Tech earningsEquity markets (^DJI, ^IXIC, ^GSPC) are all moving higher Monday morning as several Big Tech companies are set to report earnings later this week. Yahoo...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »