REFILE-LIVE MARKETS-S&P 500 earnings growth likely to accelerate with Q2 results, UBS says Corrects typo in story heading Main U.S. indexes rally, Nasdaq leads Utilities S&P 500 sector gainers; Comm Svsc sole loser Euro STOXX 600 index ends up ~0.9% Dollar, slips; gold ~flat, crude edges up; bitcoin advances U.S. 10-Year Treasury yield inches up to ~4.20% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.

GRAPHIC-US equity funds see outflows on caution ahead of earnings reports July 12 (Reuters) - U.S. equity funds faced their first weekly outflow in three weeks in the seven days to July 10 as caution and profit-taking took hold ahead of the new earnings season. According to LSEG data, investors sold a net $3.57 billion worth of U.S. equity funds during the week, partly reversing a net $8.56 billion worth of purchases the previous week.

BUZZ-Street View: PepsiCo's snacking business will be under the scanner for rest of 2024 ** PepsiCo PEP.O missed expectations for second-quarter revenue on Thursday as a series of price hikes and competition from private-label brands slowed sales of its snacks and soda mainly in the United States, its largest market. ** PEP shares up 0.4% at $164.5

U.S. RESEARCH ROUNDUP-Boston Beer Company, Inter Parfums, Netflix July 12 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies including Boston Beer Company, Inter Parfums and Netflix, on Friday. HIGHLIGHTS * Boston Beer Company Inc SAM.N : Piper Sandler cuts PT to $344 from $350 * Inter Parfums Inc IPAR.O : Jefferies raises to buy from hold * Netflix Inc NFLX.O : JP Morgan raises target price to $750 from $650 * Smurfit Westrock SW

GLOBAL MARKETS-Global stock index falls with bond yields, dollar after US inflation data MSCI global stock index sets record after U.S. inflation data Dollar loses sharply against yen, bond yields fall In commodities, oil and gold rose Updated prices at 2:58 p.m ET/1858 GMT By Sinéad Carew and Marc Jones NEW YORK/LONDON, July 11 (Reuters) - A global index of stocks edged down and bond yields fell on Thursday after U.S.