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Wall Street opens the week with strong increases due to good macro data


Wall street he doesn't stop smiling. Major US indices have started the week with new (and strong) increases after their winning last week. Airlines, one of the sectors most exposed and punished by the pandemic, leads the progress on Monday. Specifically, both the S&P 500 As the Nasdaq and the Dow Jones they advance around 1.5%.

"The economy is doing much better than most economists thought," experts at Capital Wealth Planning. "We may be stuck at these levels until autumn, already facing October, September and November, but we believe that the increases will continue and the S&P 500 will reach the autumn season trading above 4,000 points," they say. since signing.

The good services PMIs added to a US employment report that has also beaten expectations are enough arguments to continue believing in the stock market rally. He coronavirus it continues, despite investor optimism, as a gloomy backdrop.

On July 4, Independence Day, more than 200,000 cases have been registered worldwide, thus breaking the record for new positives recorded in a single day.to. "The next two weeks will be critical for the markets after the reopening of the economy has been followed by a rebound in cases."analysts warn of Chaikin Analytics.

On the other side of the Atlantic, the Ibex and the rest of Europe open week with strong increases after the Asian rally. Stock markets in the region have shot up with bullish sentiment fully owning investors.

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