Market Update: Dow Futures Rise, Stocks Finish Higher Amid Economic Data

1 min read
Source: The Wall Street Journal
Market Update: Dow Futures Rise, Stocks Finish Higher Amid Economic Data
Photo: The Wall Street Journal
TL;DR Summary

Chip designer Arm's stock continues to rise after its successful debut, while factory output, consumer spending, and unemployment in China show signs of improvement. The Chinese central bank cuts a short-term lending rate to support the country's recovery. U.S. stock futures inch up, global indexes mostly rise, and oil prices continue to gain. Treasury bonds hold steady, while European bonds fall. The Michigan consumer sentiment index for September is awaited.

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