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Wall Street opens higher as focus shifts to US earnings

Investors welcomed the first major results as PepsiCo reported stable revenues

US stocks rose on Monday as traders looked ahead to an important week which sees the start of earnings season on Wall Street and an EU meeting to discuss the bloc’s €750bn recovery fund. The S&P 500 was up 0.8 per cent at the open, leaving the benchmark index on course to build on last…

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