Copyright tradingview
WALL ST AT RECORD HIGHS ON US-CHINA TRADE DEAL HOPES: EYES ON EARNINGS, FED All three of Wall Street's main indexes have hit record highs on Monday as signs of easing trade tensions between China and the U.S. spurred a wide risk-on rally, kicking off a week packed with Big Tech earnings and several interest rate decisions around the world. Technology stocks are the early winners, with the tech-heavy Nasdaq IXIC jumping more than 1%. Apple AAPL, Microsoft MSFT, Alphabet GOOG and Amazon.com AMZN all gaining more than 1% each ahead of their quarterly earnings later this week. The earnings outlook has continued to brighten with third-quarter earnings growth expected to be 10.4% versus 8.8% at the start of October. Also this week, central banks in Japan, Canada, Europe and the U.S. are slated to announce their respective interest rate decisions. The U.S. Federal Reserve is widely expected to cut interest rates by 25 basis points after a cooler-than-anticipated inflation reading last week. Among other moving stocks on Monday, Keurig Dr Pepper KDP is up about 5% after the beverage maker lifted its forecast for annual sales and said it had raised about $7 billion to finance its purchase of Dutch coffee giant JDE Peet's JDEP. Shares of gold miners including Newmont NEM are being hit hard as gold prices slide more than 2% amid weak safe-haven demand. Here's a snapshot of the markets at 10 a.m. ET/1400 GMT: (Shashwat Chauhan) EARLIER ON LIVE MARKETS: US STOCK FUTURES ON THE MARCH, BUT MIGHT MR. GANN RAIN ON THE PARADE? CLICK HERE FRANCE: RECORD HIGHS BUT CONCERNS LINGER CLICK HERE NIKKEI/TOPIX DIVERGENCE A REASON TO WORRY, SOCGEN SAYS CLICK HERE GOLD: THE "MOUNT EVEREST" OF BULL MARKET CLICK HERE LITTLE DRAMA CLICK HERE EUROPE BEFORE THE BELL: MILESTONES MILESTONES EVERYWHERE CLICK HERE MORNING BID: TRADE DEAL HOPE SPURS RISK RALLY CLICK HERE
