Marketmind: Great Q2 but what’s next? By Reuters – Investing.com
- Date: 27-Jul-2021
- Source: Investing.com
- Sector:Economy
- Country:Middle East
Marketmind: Great Q2 but what’s next? By Reuters – Investing.com
A look at the day ahead from Sujata Rao.
Beijing's crackdown on ed-tech and fin-tech among other things continues to reverberate. Sharp (OTC:) falls in the likes of Meituan and Alibaba (NYSE:) dragged Asian shares to seven-month lows while U.S. and European markets are tipped to open lower and the yen is a touch firmer.
A robust corporate second-quarter is mostly already in market prices. But after Tesla (NASDAQ:)'s record results on Monday and with Alphabet (NASDAQ:), Apple (NASDAQ:) and Microsoft (NASDAQ:) reporting later on Tuesday, attention turns to what kind of outlook tech bosses will flag for a sector whose share performance has been pressured by economies reopening.