US STOCKS-Wall St inches higher ahead of $1 trln infrastructure bill vote

Wall Street’s main indexes edged higher on Tuesday, helped by a rebound in oil stocks, while investors awaited a Senate vote on a much-anticipated $1 trillion infrastructure bill. After the vote on the bipartisan infrastructure bill at 11 a.m. ET (1500 GMT), the Senate will immediately begin to debate $3.5 trillion in additional investments to jump-start road and bridge-building projects over the next five years and new social programs over the next decade. With new coronavirus cases rising steadily in the United States, progress on the infrastructure package is expected to help gauge fiscal support for the next leg of recovery in the world’s largest economy.

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