Big-Spending Biden Lifts Investors’ Spirits
Recap: The US equity futures rose ahead of data expected to show the biggest increase of jobs in five months.
Day: April 5, 2021
Manufacturing Survey Suggests Strong Momentum
The Institute for Supply Management’s Manufacturing Purchasing Managers’ Index rose again in March, registering a 64.7 percent reading for the month, the highest since December 1983.
European Markets Close Higher, Led By Tech Shares; Atos Slumps 12%
Euro zone manufacturing activity grew at its fastest pace on record in March, with IHS Markit’s final manufacturing PMI coming in at 62.5 compared to February’s 57.9.
Discount Airlines Tap Stock Market as Investors Bet on Travel Recovery
Frontier Airlines, Sun Country raise hundreds of millions in IPOs a year after the Covid-19 pandemic crushed air travel.
Initial Claims Rise But The Outlook For Jobs Is Improving
Initial claims for regular state unemployment insurance totaled 719,000 for the week ending March 27, up 61,000 from the previous week’s downwardly revised tally of 658,000, the lowest of the…
China’s ASEAN Diplomacy Pushes Back Against US ‘Encirclement’
Beijing backs summit on Myanmar while courting Malaysia and others.