Nasdaq drops, oil rallies ahead of bank earnings, data — SkimNews
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- Nasdaq fell ahead of upcoming earnings and economic data while oil rallied, according to Reuters.
- S&P 500 futures were flat and broader US futures steady as bank earnings and inflation reports loomed, while CNBC flagged South Korea's Kospi slipping below 6,000.
Why it matters: The Nasdaq's drop and oil's rally sit alongside flat S&P futures, showing mixed signals ahead of bank earnings and inflation prints. South Korea's Kospi slipping below 6,000 extends the same pre-data caution across global markets.
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