This is an important results week for major international technology groups.
Big US-based players reporting earnings in the days ahead include Microsoft, Apple, Tesla and IBM.
Market watchers say American tech stocks could certainly use some good news after a rocky start to 2022.
The tech-laden Nasdaq index hit correction territory last Wednesday, having dropped 10% so far in January.
Rampant inflation, looming interest rate hikes, a tight labour market and ongoing supply constraints are reported to have impacted tech stocks particularly hard less than a month into 2022.
FTSE 100
So will the losses continue to rise, or will we see a turnaround in fortunes for big tech in the weeks ahead?
That could all depend on this week's earning results unveiled across the Atlantic.
The UK's top share index had a disappointing time last week - the FTSE 100 was down nearly 50 points over the five days to end at 7,494.13.
Traders are fretting about factors including rising inflation, the possibility of more interest rate increases and what the fallout would be if Russia invades the Ukraine.
The index was only slightly down first thing morning - a few minutes after opening it had fallen by 8.83 points to 7,485.30.
There is plenty to interest UK analysts between now and Friday.
The ONS is tomorrow releasing UK Government borrowing figures for December, while Diageo's interims are out on Thursday.
There will also be a clutch of trading updates on Thursday from firms including easyJet, Saga and St James's Place.
On Friday, the focus will be on the Insolvency Service when it announces personal and company insolvency figures for the last quarter of 2021.
The oil price is currently holding its position at just under $90 a barrel. Just after 8am today, the Brent crude March contract was up 0.57% at $88.39.
Companies reporting today
- Trading update: Computacentre
- Other update: IHS Markit/CIPS flash UK composite PMI survey for January