JSE slips as investors await earning results from tech giants
US equity market breadth is negative, indicating the bulk of listed companies are not performing well under current economic conditions
25 April 2023 - 10:30
The JSE was weaker on Tuesday morning along with its global peers as investors awaited the release of corporate earnings reports from big technology companies, and fresh economic data this week.
Investors will continue to process the latest batch of US corporate results, which have been mixed so far. The market is trying to get a sense of how companies are handling high inflation, a slowing US economy and fears about a recession. ..
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