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Wall Street to start mostly higher

Wall Street to start mostly higher

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Led by the tech-powered Nasdaq, the main Wall Street indices are pointing towards a positive start on Wednesday morning, according to the futures market, though the Dow Jones Industrial Average is predicted to open fairly flat. Investment has continued to flow heavily into US stocks, strategists at Citi noted earlier this morning, with US$6.4bn of new positions added to the S&P 500 (SPX) and US$2.1bn to the Nasdaq 100 (NDX) over the week.

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