Stocks

Stocks open sharply higher led by Microsoft and Meta

• Earnings from the M&Ms exceeded expectations. They remain the gold standard.

Big tech earnings still in focus as we look to the day ahead

• Apple and Amazon are the two big names that will be reporting but they will be after the close today

Equities stay upbeat, buoyed by big tech earnings on Wall Street

• US futures are continuing to hold higher with fresh record highs eyed

European equities kick start the day on a more positive note

• Earnings beat from Microsoft and Meta is helping to lift broader market sentiment

Eurostoxx futures +0.4% in early European trading

• A more buoyant mood as earnings from Microsoft and Meta are lifting the broader market sentiment

Microsoft and Meta both beat handily on the top and bottom lines.

• The gold standards for stocks

Mix close for the major US indices

• NASDAQ closes higher. S&P closes lower for the second consecutive day

Major European indices close mostly higher. Gold lower with the higher USD

• Gains are led by the FTSE MIB with a rise of near 1%

Tech sector rallies: Nvidia and Broadcom surge while financials hold steady

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Big tech earnings in focus after the close today

• Microsoft and Meta set to report Q2 earnings

A more sluggish mood for European equities to kick start the day

• Investors continue to weigh up the US-EU trade deal in the bigger picture

Eurostoxx futures +0.2% in early European trading

• A steadier mood after the rebound yesterday

No record closes today in the major indices. Stocks take a breather ahead of Fed

• S&P and NASDAQ indices close in negative territory

Starbucks, Visa, Booking Holdings to report earnings after the close

Broader US stock indices turn negative

• S&P and NASDAQ index are now lower on the day