Wall Street

Stock Market Today – 7/12: Stocks Lower, Euro Hits Dollar Parity, With Earnings, Inflation In Focus

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The Street

By Martin Baccardax Wall Street looks set for another weaker open Tuesday as investors put risk bets on hold ahead of bank earnings and inflation data later this week. U.S. equity futures extended declines Tuesday, while Treasury bond yields moved lower and the dollar consolidated gains against its global peers, as investors kept clear of risk markets into the start of the second quarter earnings season and key inflation data later in the week. Earnings could provide the key to market performance heading into the second half of the year, as investors largely price-in both near-term rate hikes …

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