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Global stock markets received a lift on Tuesday, buoyed by a series of strong earnings reports.
Intel, DuPont, and Anheuser-Busch reported strong earnings, boosting European equities, especially the STOXX 600.
KEY POINTS
- Wall Street indices posted significant gains, with the Nasdaq Composite rising nearly 1% on Tuesday.
- Investor optimism persisted despite geopolitical tensions between the US and Iran in the Strait of Hormuz.
- Speculation about possible Japanese currency intervention increased volatility in the oil and yen markets.
COMPANIES
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