World Week Ahead: US powers ahead

Sun, 19 Jul 2015

By Pattrick Smellie July 20 (BusinessDesk) - By Margreet Dietz July 20 (BusinessDesk) - Wall Street is set to sustain recent gains after the Nasdaq closed at a record high on Friday, amid better-than-expected earnings from companies including Google, and US Federal Reserve chair Janet Yellen’s comments that rate increases will be moderate. IBM, Microsoft, Apple, Yahoo and Morgan Stanley are among the companies scheduled to release their latest earnings in the coming days. “We’re now watching earnings come out, with the background o...

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