Asian equity markets opened lower on Tuesday, pulling back from Monday’s record highs. Investors are focusing on upcoming earnings reports from major tech companies and the Federal Reserve meeting. The S&P 500 closed at a new record above 6,875.00 points. Key tech firms Microsoft, Alphabet, Meta, Amazon, and Apple are set to report earnings. Gold prices dropped over 3%, trading below $4,000.00 an ounce. The US dollar weakened against major currencies. Markets are also watching US-China trade relations and developments in the tech sector, including Qualcomm’s new AI chips.
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