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Stocks Open Higher as Wall Street Monitors Earnings and Continuing Greek Drama

July 30, 2023
in Trade Tube
Reading Time: 1 min read
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Stocks were higher at Tuesday’s opening bell as Wall Street monitors earnings results and the continuing standoff between Greece and its international creditors. Before the bell, hopes of progress in the negotiations pushed stock futures. Greece is seeking a new bailout package with the ECB and IMF before the end of this month. Coca Cola (KO) is starting the trading day sharply higher after narrowly beating earnings estimates and revenue. The company also reported strong sales in North America offset the strong dollar overseas. Hiring is underway at Home Depot (HD). The nation’s largest home-improvement retailer says it will hire more than 80,000 seasonal workers for the spring. That’s on a par with levels in the past few years.

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