Big Tech up ahead of Tesla, Google earnings, oil slips | MarketTalk: What’s up today? | Swissquote

Show notes

Week started on a bullish note in Europe and the US as Jow Biden’s decision to leave the presidential race didn’t impact the market mood. Major US and European indices rebounded, mega cap led gains and the US dollar weakened.
Tesla and Google are due to report earnings today after the bell, and their results – or the reaction to their results – could shift the wind in either direction.
In energy, US crude slipped below the $80pb psychological and Fibonacci support and tipped a toe below the 200-DMA despite a surprise People’s Bank of China (PBoC) rate cut, the reflation-positive market environment and supply concerns on rising geopolitical tensions in the Mid-East and Canadian wildfires.
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