US stocks closed higher on Tuesday ahead of a busy day of third-quarter corporate results, while Asian equities fell further after suffering historic declines in the previous session.
On Wall Street, the broad S&P 500 index added 1.6 per cent and the Nasdaq Composite gained 2.3 per cent, as investors looked ahead to earnings reports after the close from some of the world’s largest technology companies including Alphabet, Spotify and Microsoft.
Investors have been sifting through corporate earnings reports over the past two weeks for signs of strain from high inflation and rising borrowing costs.
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