Posted 1/9/2024, 8:53:20 AM
Stocks Mixed as Investors Eye Inflation Data, Earnings Season; Bitcoin Retreats from Recent Highs
- European stocks resumed declines, erasing early gains, as investors focus on upcoming inflation data and the start of earnings season
- Tech-led gains rolled across global markets, driving a Japanese index to a 34-year high
- Signs Beijing may further loosen policy boosted Asian markets
- Former bond king Bill Gross said 10-year US Treasuries are "overvalued"
- Bitcoin dipped after surging past $47,000 on bets that the US may approve Bitcoin ETFs