Global Equities Slip as Investors Anticipate Earnings Reports and Fed Decisions

MSCI's global equities gauge dipped as investors awaited major corporate earnings reports and central bank meetings. U.S. Treasury yields fluctuated ahead of the Federal Reserve's decision, while Middle East tensions and lower oil prices added to market jitters. Major tech and energy market movements were also highlighted.

MSCI's global equities gauge experienced a decline on Tuesday as investors expressed nervousness ahead of key corporate earnings reports and central bank meetings. Concerns over the global economy further caused a dip in oil prices.

U.S. Treasury yields showed volatility in anticipation of the Federal Reserve's meeting outcome, which is expected to hold interest rates steady but may suggest a rate cut in September. Market giants like Microsoft and AMD are preparing to release their earnings, with Apple and Amazon.com following later in the week.

Escalating tensions in the Middle East added another layer of unease, highlighted by an Israeli air strike targeting a Hezbollah leader in Beirut, following a retaliatory attack. Wall Street showed mixed results, with the Dow Jones rising while the S&P 500 and Nasdaq Composite fell. MSCI's global stock gauge and Europe's STOXX 600 index reflected varying trends in international markets.

(With inputs from agencies.)