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A $9.4 Trillion Results Day Looms in a Test for Stock Market

  • Fed rate decision precedes busiest reporting day of the season
  • US GDP, jobs data, as well as German inflation also expected
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What to Watch for in Big Tech Earnings
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For analysts, the last Thursday of July is always one of the busiest dates in the calendar. This year, it’s likely to be even more of a stretch.

Firms in the US and Europe worth more than $9.4 trillion will report their latest figures tomorrow at a time when concern over the impact of rampant inflation on corporate profitability is at fever pitch. And coming right on the back of a crucial Federal Reserve meeting and on the same day as a slew of major macro-economic data, there will be a huge amount for market watchers to digest.