scorecardresearchGlobal Market Wrap: Stocks bounce runs out of gas ahead of ECB meeting

Global Market Wrap: Stocks bounce runs out of gas ahead of ECB meeting

Updated: 21 Jul 2022, 08:05 AM IST
TL;DR.
Wall Street indexes rallied overnight but even better-than-expected results from Tesla after hours couldn't carry the positive mood into the Asia session.
FILE - President of European Central Bank Christine Lagarde speaks during a press conference following the meeting of the governing council in Frankfurt, Thursday, Oct. 28, 2021. Italian Prime Minister Mario Draghi's offer to resign has sent unsettling ripples through financial markets, bringing back bad memories of Europe's debt crisis a decade ago and complicating the European Central Bank's job as it raises interest rates for the first time in 11 years to combat record inflation. (AP Photo/Michael Probst, File)

FILE - President of European Central Bank Christine Lagarde speaks during a press conference following the meeting of the governing council in Frankfurt, Thursday, Oct. 28, 2021. Italian Prime Minister Mario Draghi's offer to resign has sent unsettling ripples through financial markets, bringing back bad memories of Europe's debt crisis a decade ago and complicating the European Central Bank's job as it raises interest rates for the first time in 11 years to combat record inflation. (AP Photo/Michael Probst, File)