Fall after Alphabet and Tesla reports, European reports in the center, rate cut in China
Market Reviews
• Markets were subdued ahead of Alphabet GOOGL.O and Tesla TSLA.O's second-quarter earnings, released after regular trading closed on Tuesday. The first mega-cap market leader to report left a mixed picture for after-hours trading, with the possibility of spreading across time zones on Wednesday. Shares of both companies fell despite reporting better-than-expected revenue.
• European banks were in focus on Wednesday, with focus on whether the gains from high interest rates have run their course and whether recent political drama has weighed on sentiment. The eurozone's...