Actionable news
0
All posts from Actionable news
Actionable news in HPQ: HEWLETT-PACKARD COMPANY,

Stock Futures Edge Higher, Asian Markets Slide

Stock futures edged higher despite a steep decline in Asian equities following disappointing factory data from China.

S&P 500 futures rose 0.13%, Dow Jones Industrial Average futures were up 0.12%, and Nasdaq futures rose 0.12%.

China's Shanghai Composite fell nearly 2%, its lowest level in more than two weeks, after factory activity in October contracted. Manufacturing activity came in at a reading of 48.3 over the month, according to Caixin's purchasing managers' index, the eighth consecutive month of contraction. The sector, and broader economy, remains weak even as China's central bank cuts interest rates to reinvigorate growth.

Exclusive Look Inside: You see Jim Cramer on TV. Now, see where he invests his money. Check out his multi-million dollar portfolio and discover which stocks he is trading. Click here to...


More