Stock markets following earnings
Today stock markets are rallying from oversold levels. In Europe, stoxx50 is gaining 1.7% following upbeat earnings, notably from Unilever and Barclay's, with the former expecting underlying sales growth this year to be towards the top end of the previously guided range (6.5%). US futures are also 1.4% higher following the strong aftermarket performance of Meta and Qualcomm.
So far, Apple, along with Microsoft, is one of the last "havens" in tech, as investors abandon many other parts of the industry. Investors will be closely watching Apple's earnings later today.
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