Wall Street awaits earnings; European stocks climb
Global markets are awaiting the results of major U.S. banks, amid ongoing impacts from the attacks on Riyadh and rising oil prices. The Nasdaq index declined, while the Dow Jones increased and the S&P 500 remained steady. The earnings reports from leading banks such as Goldman Sachs and Citigroup have boosted expectations for economic improvement during the week. European shares also rose, supported by banking sector performance, despite ongoing concerns about rising interest rates. Meanwhile, Gulf stocks experienced mixed declines, and the Saudi Aramco share price rose. Egyptian stocks fell by 1.1%, amid signs that Middle Eastern crises are affecting the markets.
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