China PMI

In a significant turn of events, China’s manufacturing sector has shown robust growth, marking a promising sign for the global economy. What Happened: Caixin Global reported on Monday that the Caixin China General Manufacturing Purchasing Managers' Index (PMI) rose to 51.1 in March from 50.9...

Data from the Chinese mainland showed that the domestic mainland economy went back into manufacturing expansion in September for the first time in six months as markets in Hong Kong and China were closed Monday.   Latest China Economic Data The purchasing manufacturers index (PMI) jumped last...

The official China PMI eased from 49.4 in January to 49.0 in February – its lowest level in 51 months. The PMI number for February fell short of consensus expectations of 49.4. According to Nomura analyst Yang Zhao, the PMI is likely headed lower from here, despite the possibility of more...

U.S. stocks were lower with the S&P 500, Dow Jones and Nasdaq indices all ending in the red. In a lackluster trading session with little market moving move, investors are likely sitting on the sidelines until key data will be released later on this week. All eyes will be on Friday's...

U.S. stocks were mostly positive on the first trading session of June in which investors were left confused over ISM's May Manufacturing data which was revised twice. Both the S&P 500 and Dow Jones indices reached new highs. The S&P 500 index reached a new all time high of 1,925.88...

U.S. stocks picked up right where they left off following Wednesday's rally. Investors were given a mixed bag of economic data covering U.S. manufacturing, initial purchasing managers' index in China, existing home sales, Fed activity among others. Investors are likely focusing more on...

U.S. stocks rose as investors found that the positives in the U.S. services sector outweighed concerns over an escalating conflict in Ukraine. The Institute for Supply Management said that its service-sector index rose to 55.2. Any reading above 50.0 indicates an expansion. Also, the index...

U.S. stocks were little moved to start off the month of May as investors and traders are cautious before April's nonfarm payrolls report are released on Friday. The consensus estimate for Friday's figure stands at 215,000 which would trump March's 192,000 number. “This is a really important...

U.S. stocks fell after the S&P 500 and Nasdaq has risen for six consecutive trading sessions after new home sales data came in worse than expected. Investors could reasonably expect the markets to cool off after six straight days of gains especially as earnings continue to come in mixed....

U.S. stocks kicked off a new month and new quarter with solid gains as U.S. manufacturing growth improved in March. The indexes have now logged a three-day winning streak, an accomplishment which was completely absent throughout all of March. The S&P 500 hit new all-time highs of 1,885.84...

U.S. stocks overcame mixed economic data and earning reports as the S&P 500 inches towards new all time highs and the Dow recorded an almost triple digit point gain. Jobless claims declined less than expected while consumer prices met expectations and rose slightly. Data from the...

Fed Chairman Ben Bernanke took to the podium today in what many consider to be his farewell speech. During his tenure, Bernanke developed the nickname "Helicopter Ben," which is likely to stick with him for some time. Bernanke noted, "The FOMC's decision to modestly reduce the pace of asset...

A note from the equity strategy team at Credit Suisse this morning previewing the Fed decision this afternoon shockingly played down worries of the Fed tapering purchases and instead highlighted that China slowdown fears are well under-appreciated by the market. They are also less concerned with...