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Reuters
Stocks weaker as U.S. yields, dollar rise
A gauge of global stocks was slightly higher on Monday as investors digested another round of corporate earnings, while the dollar and U.S. Treasuries yields rose after economic data further cemented expectations of a rate hike from the Federal Reserve in May. After the first wave of bank earnings last week from names such as JP Morgan and Wells Fargo were better than anticipated, investors will now see results from the likes of Goldman Sachs, Morgan Stanley, Bank of America and a host of regional banks. Other notable S&P 500 companies scheduled to report earnings this week include Johnson & Johnson, Netflix and Tesla.
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