US, Bangladesh Stocks Open Higher Ahead of Major Earnings
US, Bangladesh Stocks Open Higher Ahead of Major Earnings

US, Bangladesh Stocks Open Higher Ahead of Major Earnings

News summary

US stock markets opened higher at the start of the week, buoyed by investor optimism ahead of a busy earnings season involving major American companies. The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all showed modest gains, with the S&P and Nasdaq on track for closing highs as investors digested strong corporate earnings and positive economic data. Bond yields saw a slight decline, with the 10-year Treasury yield breaking below a key resistance level, suggesting some easing in fixed income markets. Global factors including geopolitical developments and trade negotiations, such as Pakistan's talks with the US and the UK's involvement in Ukraine weapons procurement, also influenced market sentiment. Meanwhile, US housing starts rose in June, pointing to some recovery in the real estate sector despite ongoing challenges. Overall, markets are positioned for potential gains this week amid a mix of earnings reports, economic indicators, and international policy developments.

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