Wednesday, July 21, 2010

20100721 1010 Global Market News.

Earnings compete with economy to drive assets
LONDON, July 20 (Reuters) - Financial markets juggled with competing drivers  as investors generally boosted stocks in the hope of more good earnings reports and the dollar slipped on concerns about the U.S. economy.
"The market will look for guidance (from companies) for Q3 and to see how that is going and will be sensitive to any expressions of confidence or the lack of it," said Bernard McAlinden, investment strategist at NCB Stockbrokers in Dublin.

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