World markets mixed after strong earnings, data lift Wall St

Germany’s DAX lost 0.6% to 15,143.42 while the CAC 40 in Paris edged 0.2% higher, to 6,317.39.

In Asian trading Tuesday, Hong Kong’s Hang Seng advanced 0.7% to 28,557.14 and the S&P/ASX 200 gained 0.6% to 7,067.90.

Stocks have been grinding higher on expectations of an economic recovery and strong company profits this year as large-scale coronavirus vaccination programs help people return to jobs and normal activities after more than a year of restrictions.

This is another busy week for earnings reports, with Merck, Pepsi, Colgate-Palmolive and CVS among the companies reporting their latest quarterly results.

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