- Macro: Markets were little changed yesterday with European equities climbing modestly, whilst in the US, the S&P 500 was broadly flat and the Nasdaq ended the day marginally in the red, as investors positioned ahead of a raft of tech earnings due in the coming days.
- Stock: Last night, after the market closed, Microsoft issued a strong set of Q2’24 results, in which earnings came in ahead of expectations driven by outperformance in each of its core business segments. (Comment Attached)
- Debt: Core bond yields were mixed yesterday following a range of economic data releases.