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Wall Street: upward start expected, optimism prevails for recovery

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The first session of the week and August should kick off with a smile on Wall Street, with US index futures moving above par. About an hour before departure, the Dow Jones contract is up 0.26%, the S & P500 is up 0.36% and the Nasdaq future shows + 0.41%. The markets are optimistic about the economic recovery thanks to corporate results, the easing of fears over the regulatory pressure exerted by Beijing in various sectors and the progress made in the United States in terms of infrastructure investments.

Yesterday, a bipartisan group of senators completed their review of the more than $ 1 trillion bill that could be passed within the week.

Although the market is entering its traditional slumber in August, investors still present will not fail to closely follow the key meetings of the week, such as the ADP US employment survey, due out Wednesday, as a preview of the official report on the week. the American job market, on the agenda on Friday, not to mention the Bank of England meeting on Thursday.

Meanwhile, the update on construction spending in the United States and the final reading of the ISM manufacturing index for July are expected today.

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