Japanese, U.K. shares, U.S. stock futures rise

|By:, SA News Editor

The Nikkei jumps 1.3% and the FTSE 100 is +0.4% as Japanese and U.K. markets trade while much of Asia and Europe enjoys a day off for May Day.

Investors shrug off sluggish Chinese PMI figures as the Fed's upbeat statement yesterday boosts the mood. In Britain, strong housing and manufacturing PMI data might also be helping.

Hong Kong, China and India closed.

Paris, Frankfurt, Milan, Madrid closed.

U.S. stock futures: Dow +0.05%. S&P +0.1%. Nasdaq +0.3%