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Wall Street stocks open higher, following gains overseas

| August 24, 2020 7:03 AM

NEW YORK (AP) — Wall Street is following overseas markets higher, adding to four straight weeks of gains for the S&P 500 and the Nasdaq. Big tech powerhouses including Apple and Facebook were the leaders in the early going on Monday. The S&P 500 added 0.7% in the first few minutes of trading. Several retailers will be reporting their latest quarterly results this week including Best Buy, Gap and Dollar Tree. The Federal Reserve will be holding an annual symposium virtually later this week. Treasury yields fell and crude oil prices were moving higher. European markets were broadly higher and markets closed higher in Asia.

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