GLOBAL STOCKS STRUGGLE ON EARNINGS SEASON NERVES

GLOBAL STOCKS STRUGGLE ON EARNINGS SEASON NERVES

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According to the  Wall Street Journal that the global stocks struggled for direction Tuesday as investors grew cautious about what is expected to be a grim first-quarter earnings season.

The Stoxx Europe 600 was down 0.2% mid-morning, after Wall Street fell late in the session.Furthermore, Futures pointed to a small opening gain for the S&P 500. Changes futures don’t necessarily reflect market moves after the opening bell.

It added that the Investors on both sides of the Atlantic were nervous about upcoming first-quarter earnings reports, which are expected to show a steep contraction following a rocky start to the year.

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