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It's been a thoroughly exciting week in the markets, and it's not over yet.

 


1) Nasdaq set for another record?

It looks like the Nasdaq could hit new all-time highs Friday. The tech-heavy index finished Thursday with a 1% gain.

The Nasdaq will have to surpass the level 5,164.36 to reach a new record.

U.S. stock futures are mixed ahead of the open, with the Nasdaq indicating it will keep rising while the Dow Jones industrial average and S&P 500 could post small declines.

 


2) Earnings

General Electric (GE) and Honeywell (HON) are reporting ahead of the open.

Telecoms firm Ericsson (ERIC) reported second quarter results earlier in the morning and shares are rising by about 6% in Europe.

Shares in Google (GOOGL, Tech30) are set to surge by about 11% this morning after the tech giant reported better-than-expected results on Thursday evening.

 


3) Germany votes on Greek bailout

Germany's parliament -- the Bundestag -- is voting Friday on whether to support formal negotiations on a new Greek bailout, which was agreed in principle by eurozone leaders earlier this week.

"[German Chancellor Angela] Merkel has enough votes to ensure passage, but there may be interest in the level of dissent expressed vocally or in votes," said Paul Donovan, a senior economist at UBS.

Many Germans hate the idea of lending Greece more money after years of overspending and political mismanagement.

 


4) International markets overview

European markets are slipping a bit lower in early trading, while most Asian markets ended with strong gains.

 

 

 

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Markets are looking perky after Greece moved one step closer to securing a massive new bailout.

Global markets are rising and U.S. stock futures were also pushing higher.

 


 

1) Greece votes "Yes"

The Greek parliament backed sweeping economic reforms needed to access a much-needed bailout worth up to $96 billion, after lengthy debate on Wednesday. Fiery protests erupted in Athens ahead of the vote on the measures, which were broadly rejected by the Greek people in a referendum earlier this month.

Now lawmakers in several eurozone parliaments -- including Germany's on Friday -- must approve the bailout plan.

And here's what to look out for Thursday: European finance ministers will discuss a short-term cash injection for Greece to keep it afloat while the bailout details are negotiated, and the European Central Bank will discuss whether to provide more support for Greece's cash-starved banks.

 


 

2) Earnings & economics

Earnings reports are pouring in today. Citigroup (C), Goldman Sachs (FADXX) and UnitedHealth (UNH) post quarterly reports before the market opens. Domino's Pizza (DPUKY) and eBay (EBAY, Tech30) are also expected to report this morning.

Google (GOOG) will deliver its earnings after the close.

The U.S. labor department releases weekly unemployment claims data at 8:30 a.m. ET. Recent reports show unemployment claims are increasing, rising from 15-year lows seen earlier this year.

Google (GOOG), LG (LPL) and Barbie-manufacturer Mattel (MAT) are reporting in the afternoon, along with oil field services giant Schlumberger (SLB).

 


 

3) Stock market movers

Watch Netflix (NFLX, Tech30) shares today. Shares are surging 12% premarket after yesterday's impressive earnings report. The internet video streaming company added 3.3 million new customers last quarter, beating its own projection of 2.5 million.

 


 

4) International markets update

Greek optimism is driving European markets higher in early trading. Germany's DAX and France's CAC put on 1.3%. In the U.K., the FTSE index rose 0.6%.

Shares in Rio Tinto (RTNTF) underperformed the broader London market, losing 0.5%, after the miner cut its 2015 guidance for iron ore shipments.

Asian markets ended with gains. Japan's benchmark Nikkei index added 0.7% and China's Shanghai Composite put on 0.5%.

 

 

 

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Get ready for a busy Wednesday.

U.S. stock futures are ticking higher after China released GDP figures, and Greece prepares to hold crucial vote on its latest bailout.

 

 

 


 1) China GDP

The world's second largest economy grew at a slightly faster pace than expected in the second quarter. Official figures out Wednesday put GDP at 7%, in line with the previous quarter, and Beijing's growth target for the full year.

Growth has slowed considerably from the breakneck pace of previous years, and it's expected to drop further through to 2016.

The positive quarterly numbers didn't stop falls on China's stock markets. The Shanghai Composite resumed its recent slide to close down 3%.

 


2) Greece votes

Greek lawmakers will vote to ratify tough economic reforms on Wednesday needed to secure Europe's latest offer of $96 billion to bailout the country.

But the International Monetary Fund, one of Greece's major creditors, has warned on the viability of the bailout. The IMF said Tuesday that the country's debt has become "highly unsustainable," and it needs more debt relief than Europe has so far been willing to consider.

 


3) Oil dips

Crude prices have regained some poise, slipping 0.5% to just below $53 a barrel in electronic trading, after a landmark deal on Iran's nuclear program sealed Tuesday prompted a turbulent session for oil.

 


4) Earnings and economics

It's a busy day for earnings. Bank of America (BAC) and Delta (DAL) will report ahead of the open along with Blackrock (AOCXX).

Computer chip maker Intel (INTC, Tech30) and Netflix (NFLX, Tech30) report quarterly earnings after the close. Netflix (NFLX, Tech30) shares were rising 2.4% premarket.

On the economic front, the Bureau of Labor Statistics updates its producer price index with June numbers at 8:30 a.m. ET. Numbers on June industrial production will also release at 8:30 a.m. ET.

Federal Reserve chair Janet Yellen will deliver her semi-annual testimony before Congress at 10:00 a.m. ET.

 

 

 

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Markets are looking calm Tuesday though a landmark deal on Iran's nuclear program is hitting oil prices.

European markets slipped and U.S. stock futures were edging lower.

 


 

1) Iran deal

Iran and the West have ended long-running negotiations with a deal that will lift sanctions in exchange for curbs on Tehran's nuclear program.

Sanctions have hobbled Iran's economy and restricted oil production and exports, and the country is eager to regain its status as a global energy power.

Crude prices slumped 1.8% to just above $51 a barrel in electronic trading as investors reacted to the deal, which could see a flood of new oil supplies from Iran.

 


 

2) Greek bailout

Prime Minister Alexis Tsipras will face disgruntled colleagues and the Greek public as he seeks approval for a new bailout. The deal contains tough new austerity measures and Greek lawmakers will vote on the first package of reforms, which include pension cuts and tax increases, on Wednesday.

The bailout could inject up to $96 billion into the distressed economy, but it's not a done deal yet.

"Getting the deal though parliaments elsewhere in Europe won't be all that easy, but it's in Greece that the fallout could be seen most clearly in the form of new elections," Societe Generale strategist Kit Juckes said.

 


 

3) Earnings and economics

It's a busy day for earnings updates. Wells Fargo (CBEAX), Johnson & Johnson (JNJ) and JP Morgan Chase (JPM) all report ahead of the open. Yum! Brands (YUM) -- which owns Taco Bell, Pizza Hut and KFC -- will report after the close. Its stock is up 25% this year, but analysts forecast a 12% drop in the restaurant company's earnings.


 

4) Market movers

 

Chinese state-owned firm Tsinghua Unigroup is preparing a $23 billion bid for U.S. chipmaker Micron, the Wall Street Journal reported on Tuesday. Micron (MU) shares were up 10% in premarket trading.

  

 

 

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Markets are cheering Monday after Europe finally reached a deal to bailout Greece.

European stocks bounced on the news and U.S. stock futures were also moving higher.

 

1) Greek deal

It took all night but Europe has struck a deal to rescue Greece. Eurozone leaders will negotiate a new $96 billion bailout after the country agreed to enact deep economic reforms under close supervision by its creditors.

The deal -- if ratified -- should prevent a chaotic Greek exit from the euro, an unprecedented event that would have shaken Europe to its core.

"The scale of the capitulation now being forced on Athens is breathtaking, with Greece effectively being asked to give up fiscal sovereignty as the price of staying in the euro area," Oxford Economics economist James Nixon said.

European markets welcomed the news, while bonds in Greece and other peripheral euro nations also bounced.

 


2) Oil tumbles

Crude prices sank to below $52 barrel in electronic trading as world powers appeared to be nearing a deal with Iran that could see supplies from the oil-rich nation back on the market. A deal would loosen sanctions in exchange for curbs on Tehran's nuclear program.

Sanctions have long reined in Iran's oil production and exports, and the country is eager to shed those restrictions to boost its energy sector.

 


3) China rises

Stocks in China rebounded Monday, building on solid gains at the end of last week. But Chinese markets are likely to remain volatile this week and investors continue to weigh the impact of weeks of turmoil.

 


4) International markets

Greece-inspired gains washed over European markets.

Germany's DAX index climbed 1.6%, France's CAC rallied 2.1%, and the U.K.'s FTSE index added 0.6%. Bank shares across the region were sharply higher, with Deutsche Bank (DB) up 2.7% and BNP Paribas (BNPQF) climbing 3%.

Asian markets, some of which closed before the Greek deal was reached, also ended with solid gains.

Japan's benchmark Nikkei index jumped 1.6%, while Seoul's KOSPI Composite climbed 1.5%. The Shanghai Composite added 2.4%.

 

 

 

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Here are 4 tips for today's trading. This will help you decide where you should invest and what to look for:

 


 

There's a lot of positive momentum in the markets this morning.

 

1) Up, up, up

It looks like stock markets around the world might close out the week with some healthy gains.

U.S. stock futures are rising by about 1%.

Many European markets are climbing by about 1% to 2% in early trading. The French CAC 40 index is leading the way, up 2.3%.

Nearly all Asian markets ended the day in positive territory as concerns about Chinese markets subsided.

Both the Shanghai Composite and the Shenzhen index closed with gains of 4.5% and 4.1%, respectively. But this follows gut-wrenching volatility that saw both markets shoot up and then crash in the course of a few months.

 


 

2) Greece offers hope?

Investors are keeping a very close eye on Greece.

The markets are hopeful that Greece and its European lenders will reach a deal in the next few days, paving the way for a third huge bailout for the country. But if a deal can't be reached, Greece will effectively be kicked out of the eurozone and be forced to issue its own currency.

Ultimately, Greece wants more money from its European lenders, on top of the 240 billion euros ($267 billion) it received in bailout funds since 2010.

On Friday, Greek lawmakers are voting on proposals to reform the nation's economy. If this doesn't go well, markets will react harshly. If they're approved, those proposals will be sent to European lenders, who will consider them at meetings over the weekend.

"There are, of course, twists and turns to be negotiated before a deal is reached on Sunday but Mr. Market assumes that this deal flies (for now)," said Kit Juckes, a market strategist at Societe Generale.

 


 

3) Optimism about Iran deal fading

Crude oil futures are getting some support Friday morning as it seems less likely that world powers will reach a nuclear deal with Iran.

Commodity traders have been closely monitoring the Iran negotiations. A deal would mean that tough sanctions against the oil-rich country will be lifted and Iran would begin exporting more oil.

The threat of further oil supplies from Iran has depressed crude prices. Oil had been trading below $51 a barrel earlier this week.

Currently, oil futures are trading around $53 per barrel.

 


 

4. Thursday market recap:

The Dow Jones industrial average and the S&P 500 were both up 0.2%, and the Nasdaq added 0.3% on Thursday.

The slight gains Thursday did not mark a full recovery from setbacks on Wednesday when a technical glitch caused the New York Stock Exchange to shut down for nearly four hours and frightened traders.

 

 

 

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