Global Financial News: Apple Takes the Steam Out of the Global Equity Rally

European stocks slip as Apple earnings take the steam out of the global equity rally.

Author:: TheStreet Staff
Publish date:: May 3, 2017 3:38 AM EDT

Here is your round-up of the financial news from around the world:

1. European stocks had a mixed open as investors attempt to extend a global equity rally that has lifted holiday-thinned markets in Asia

2. The U.S. dollar reached a near six-week high ahead of today's statement from the Federal Reservea

3. Oil rebounded in overnight trading after U.S. supplies fell

4. Novo Nordisk A/S (NVO) - Get Report, the world's biggest maker of insulin, posted stronger-than-expected first quarter earnings Wednesday and boosted its full-year outlook.

5. The Dow Jones Industrial Average priced to open 27 points lower at the opening bell and the S&P 500 poised to fall 7 points. The tech-heavy Nasdaq is priced for a sharper 18 points decline.

This article was written by a staff member of TheStreet.