Stock market today: Global benchmarks are trading mixed as investors focus on earnings

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U.S. News,World News

Global shares are trading mixed as investors look ahead to a flood of global earnings reports, including from U_S_ companies known as the “Magnificent Seven.”.

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“For the record, heading into tomorrow’s policy decision, exceptional Japanese yen weakness is the agitated elephant in the room for the BOJ,” Tan Jing Yi of Mizuho Bank said in a commentary. Speculation has been growing Japan may intervene to prop up the yen. But opinion is divided if and when that might happen.

Tesla is the first among the group of stocks called the Magnificent Seven to report its results for the start of 2024. Those stocks they drove most of the U.S. stock market’s gain last year, and they’ll need to perform to justify their high prices.

 

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Stock market today: Global shares trading mixed after Wall Street’s momentum coolsGlobal shares are mixed in muted trading, as a wait and see mood prevails in markets around the world.
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Stock market today: Global markets mixed after Wall St rebound led by Big TechEuropean shares have opened higher after most Asian markets retreated despite a tech-fueled rebound on Wall Street.
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Stock market today: Global stocks are mixed as investors wait for US inflation updateEuropean equities have dipped in early trading while Asian stocks closed mostly higher, with investors mainly focusing on a U.S. inflation report and what it means for interest rate cuts by the Federal Reserve.
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