Global Markets Steady as Key U.S. Tech Earnings Loom

Global stock indexes remained stable with slight gains as investors brace for upcoming earnings from top U.S. tech companies. With Treasury yields rising and the U.S. presidential election approaching, investors anticipate reports from Alphabet, Meta, and Microsoft, followed by Apple and Amazon, impacting market direction.

Global stock indexes held steady, with modest gains on Tuesday, as investors anticipate key earnings reports from major U.S. technology firms. Leading the charge, Alphabet is set for results after the bell, with Meta Platforms and Microsoft reporting Wednesday, followed by Apple and Amazon on Thursday.

This year, stock markets have been buoyed by optimism in technology advancements and artificial intelligence. The U.S. presidential race, now in its final days, sees a tight contest between Democratic candidate Kamala Harris and former Republican leader Donald Trump, with polls too close to determine a clear front-runner.

The Dow Jones Industrial Average saw a slight drop of 28.57 points to 42,358.60, while the S&P 500 and Nasdaq Composite saw gains. Treasury yields climbed, signaling investor caution, as they await a series of economic indicators, notably the upcoming U.S. jobs report.

(With inputs from agencies.)