Market going to range trade for a little bit
Pepsi already beaten estimates by 6.5% with 10% growth recorded.
Before US market open today we have Taiwan Semi, Domino Pizza, Infosys
This will paint a small picture on global economy. I am guessing analysts will get these estimates wrong as well - as they usually do.
Then we have Big Banks reporting before market open tomorrow. Market will shift their focus on earnings one way or another.
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