Seeking Alpha

World stocks mainly higher

  • Global equities are generally higher - although with a number of exceptions - with the strong U.S. manufacturing PMI data from yesterday cited as a major reason for the positive sentiment.
  • "The market thinks for now that the underlying U.S. economic trend remains strong and things will get better in the spring, when it gets warmer," says market economist Sho Aoyama.
  • Japan +2.9%, Hong Kong +0.8%, China -1.2%, India +0.8%.
  • Euro Stoxx 50 +0.05%, London +0.5%, Paris +0.1%, Frankfurt -0.1%, Milan -0.3%, Madrid -0.25%.
  • U.S. stock futures: Dow +0.2%. S&P +0.2%. Nasdaq +0.2%
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