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U.S. companies are on pace to record their strongest collective earnings in two decades as tax cuts and low interest rates boost profits, but the market's key test will come from the world's biggest tech companies, which starting reporting first quarter earnings this week.
Happy Monday! These are the headlines you need to see during your morning commute.
Stock futures are mostly lower as benchmark 10-year Treasury notes inch closer to 3%; Google parent Alphabet, T-Mobile US and Hasbro report earnings; Akorn plunges after Germany's Fresenius drops its planned $5 billion takeover of the generic drugmaker.
The U.S. earnings seasons accelerates this week with 180 S&P 500 companies reporting, including big tech names such as Google, Facebook, Amazon and Microsoft.