Saturday, July 26, 2014

Futures higher on economic data out of China

October 18. 2013 8:36AM
Associated Press

Story Tools
PrintPrint | E-MailEMail | SaveSave | Hear Generate QR Code QR
Send to Kindle

(AP) U.S. stock futures are moving higher a day after the Standard & Poor's 500 hit a record high, with developments overseas rather than in Washington driving markets.

There are also some strong quarterly earnings reports from major U.S. corporations Friday.

Dow Jones industrial futures are up 19 points to 15,315. S&P futures have gained 2.3 points to 1,730.10. Nasdaq futures are up 14 points to 3,315.

China's economy appears to be rebounding, which is driving global markets higher in early trading.

The world's second-largest economy grew by 7.8 percent in the three months ending in September, which may give Beijing more room to allow for more steady and sustainable growth going forward.

In the U.S., both General Electric and Morgan Stanley topped Wall Street expectations for the third quarter.

Associated Press

comments powered by Disqus Commenting Guidelines
Mortgage Minute

Search for New & Used Cars

Used New All

Search Times Leader Classifieds to find just the home you want!

Search Times Leader Classifieds to find just what you need!

Search Pet Classifieds
Dogs Cats Other Animals

Social Media/RSS
Times Leader on Twitter
Times Leader on Youtube
Times Leader on Google+
The Times Leader on Tumblr
The Times Leader on Pinterest
Times Leader RSS Feeds