Marketmind: Wowed by tech, worried by banks

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Reuters UK

A look at the day ahead in European and global markets from Vidya Ranganathan The steady stream of bad news from banks continues to cast a pall over markets this week, even as global tech giants surprise investors by beating earnings estimates. Spain’s Santander dragged European stocks down on Tuesday. UBS Group fell after setting aside more money to provide for toxic mortgages, as part of its merger with fallen rival Credit Suisse. That makes investors wary of such provisions at the likes of HSBC, Lloyds and NatWest Group, all of which are due to report earnings in the coming weeks. Across th…

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