Top global stories this week: Siemens, Generali, MUFG among notable names

Global markets diverged this week, with European stocks posting strong gains on robust corporate earnings, while Asian markets were mixed. In the U.S., the S&P 500 (SP500 [https://seekingalpha.com/symbol/SP500]) and Dow (DJI [https://seekingalpha.com/symbol/DJI]) advanced, but the Nasdaq Composite (COMP:IND [https://seekingalpha.com/symbol/COMP:IND]) declined. Technology stocks faced selling pressure during the week as inflation concerns and expectations of further Fed tightening weighed on valuations. Among major technology stocks, NVIDIA (NVDA [https://seekingalpha.com/symbol/NVDA]), Microsoft (MSFT [https://seekingalpha.com/symbol/MSFT]), Alphabet (GOOG [https://seekingalpha.com/symbol/GOOG]), and Amazon (AMZN [https://seekingalpha.