Wall Street managed to close significantly higher last week. Nasdaq recorded the highest increase of 1.49% in trading (07/31/2020), following the release of good financial performance from technology stocks such as Amazon, Apple and Facebook.
Meanwhile the JCI movement in the beginning of the week will be affected by releases of domestic economic data such as July 2020 inflation and PMI. Consensus estimates that last month’s inflation will be at 0.04% monthly and 1.70% YoY.
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