Equity gauges in Japan and South Korea retreated from record highs, while shares in Australia also fell at the open.
On Wednesday and Thursday, five firms that account for about a quarter of the US benchmark — Microsoft Corp., Alphabet Inc., Meta Platforms Inc., Amazon.com and Apple Inc. — will report results. A gauge of the “Magnificent Seven” megacaps jumped 2.6%. On trade, Trump told reporters on Monday that “I really feel good” about a deal with…