"Global Markets Soar to Record Highs Amid Earnings-Fueled Week"
TL;DR Summary
The US stock market started the week with the S&P 500 hitting a fresh record close, driven by gains in tech stocks ahead of a busy week packed with Big Tech earnings updates, a Federal Reserve rate decision, and the US jobs report. Investors are closely watching earnings reports from major tech companies like Microsoft, Alphabet, Apple, Amazon, and Meta, while also anticipating the Fed's policy decision and the January jobs report. Oil prices fell amid concerns about Chinese demand and escalating Middle East tensions. Additionally, the tax filing season began as the IRS started accepting and processing 2023 federal tax returns.
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- Stock market today: Asian shares are mixed, led by gains in Chinese markets following policy moves The Associated Press
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