US: Wall St on track for monthly gain on US soft landing hopes
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WALL Street main indexes opened marginally higher on Monday (Jul 31) and were set to end July higher on upbeat company earnings and hopes of a soft landing for a resilient US economy, while cooling inflation fuels bets of a rate-hike pause.
The Dow Jones Industrial Average rose 6.68 points, or 0.02 per cent, at the open to 35,465.97.
The S&P 500 opened higher by 2.59 points, or 0.06 per cent, at 4,584.82, while the Nasdaq Composite gained 21.24 points, or 0.15 per cent, to 14,337.90 at the opening bell. REUTERS
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