A look at the day ahead in U.S. and global markets from Mike Dolan
Cloudy outlooks from U.S. megacaps Microsoft and Meta combined with edgy government bond markets around the world to unsettle investors on Thursday, with the latest U.S. opinion polls showing next week’s presidential election is no foregone conclusion.
The week’s deluge of events and data releases continued apace overnight – shaded earnings beats from the latest two of the ‘Magnificent Seven’ firms, a Bank of Japan policy rate hold and a crumb of comfort for Chinese manufacturing. Morning Bid: Megacaps spooked, world bonds on edge