Wall Street set for mixed start

Wall Street set for mixed start

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The main indices on Wall Street are set to be all over the shop at the opening bell on Monday after Friday’s storming gains, with the Dow Jones Industrial Average set to rise and the Nasdaq 100 set for a fall. The Dow is tipped to open 108 points firmer at 34,886, while the Nasdaq 100 is seen sliding 65 points to 13,655. The S&P 500 is expected to open little changed. It’s a quiet day on the US macroeconomic front, while as for corporate news, Tyson Foods Inc (NYSE:TSN) was higher after second-quarter results that were not as bad as feared. Meanwhile, Marriott International Inc (NASDAQ:MAR), the hotelier, was off the pace after its revenue for the first quarter came in a tad shy of expectations. Three things to watch for on Monday: Companies in the earnings diary at the start of the week include electric power group Duke Energy Corp (NYSE:DUK) and industrial gas and chemical firm Air Products & Chemicals Inc (NYSE:APD). Crypto markets are also attracting attention after meme-inspired digital currency Dogecoin suffered a sharp fall overnight after Elon Musk called the crypto a ‘hustle’ during his appearance on Saturday Night Live On the macro front, there is little in the diary, although US consumer inflation expectations may draw some attention

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