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Wall Street Set to Open Lower on Tuesday

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US stock futures pointed to a negative start on Tuesday after posting solid gains on Monday as investors continue to monitor negotiations for a new coronavirus relief package.

Congressional Democrats and White House negotiators said progress had been made despite Senate Minority Leader Chuck Schumer telling reporters that there were “a lot of issues that are still outstanding”.

Meanwhile, European shares retreated later in the session on Tuesday following a higher open as investors digested company earnings.

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