Global Financial News: U.S. Tech Earnings Boost Global Market Sentiment

European stocks gain as U.S. tech earnings boost global market sentiment

Author:: TheStreet Staff
Publish date:: May 2, 2017 3:31 AM EDT

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

1. European stocks are set to open higher Tuesday as investors return from a May holiday weekend to stronger U.S. tech sector earnings and improving geopolitical sentiment

2. BP plc (BP) - Get Report posted a stronger-than-expected first-quarter profit Tuesday but held its dividend unchanged from the same period in 2016

3. The euro is holding onto gains against the greenback after last week's faster-than-expected April inflation reading

4. Global oil prices extended declines in overnight trading amid reports that Libya's crude output past 760,000 barrels per day, the highest since December 2014

5. Early indications from U.S. equity futures point to another record start for the Nasdaq

This article was written by a staff member of TheStreet.