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Nasdaq 100 could hit 4000 this week if tech earnings beat expectations
Today, risk is back on the menu as far as stocks are concerned. Both European markets and the major US index futures are higher, pointing to a positive open on Wall Street later this afternoon. There are two main drivers behind the firmer sentiment today. Firstly, geopolitical concerns have eased a tad after the pro-Russian rebels in Ukraine finally handed over the black boxes from the downed flight MH17. Secondly, investors are positioning themselves up for what is set to be the peak of the US corporate earnings season, and apparently they expect to see some more positive results. Lots of household names will ... (full story)