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Earnings, ADP Payrolls: Daily Contrarian, Aug. 4
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Earnings, ADP Payrolls: Daily Contrarian, Aug. 4

Also banks sitting on a bunch of credit lines for U.S. businesses, a positive sign for the economy

Good morning contrarians!

Stock futures are flat as of 0640. S&P 500, Dow Industrials, and Nasdaq all hovering around the break-even point. Investors are bidding up bonds a bit, with the 10-year Treas…

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