Tech stocks are driving market gains, with stocks rising in anticipation of $12 trillion in earnings reports. Alphabet is set to release its earnings, and strong results will be crucial to ease investor concerns. In the housing sector, major names like D.R. Horton and Home Depot have weighed on the homebuilders' index, with Home Depot as the Dow Jones's worst performer. Meanwhile, U.S. labour market conditions are easing, with job openings at a three-and-a-half-year low. In Australia, a muted start to trading is expected ahead of key inflation data.

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