Manufacturing Data Is Good, Leading US Stocks To Continue To Rise.

< p > Beijing time November 1st evening news, < a href= "http://www.91se91.com/news/index_cj.asp" > US stock market < /a > on Friday morning continued to rise.

In October, the US Markit manufacturing PMI end value and ISM manufacturing index were better than market expectations. Investors paid close attention to the speeches delivered by many officials of the Federal Reserve.

< /p >

< p > by 10:11 a.m. Eastern time, the Dow Jones industrial average rose 75.23 points, or 0.48%, to 15620.98 points. Nasdaq composite index rose 10.15 points, or 0.26%, to 3929.86 points; the standard & Poor's 500 index rose 6.38 points, or 0.36%, to 1762.92 points.

On the disk, utilities (market areas) and industrial sector led, energy sector performance is poor.

< /p >

< p > in the trading on Thursday, US stocks fell, and market investors digested the meeting statement of the Fed on Wednesday. The policy statement made by the Federal Reserve at the Wednesday meeting was not as mild as expected.

The statement issued by the bank shows that the US central bank has not changed its interest rate and quantitative easing policy, and has little change with the September statement.

Earlier, in view of the recent weak economic data, it is widely expected that the Fed will look more at the economy and implement a more moderate monetary policy.

< /p >

< p > economic data level, data analysis firms Markit reported today that the US Manufacturing Purchasing Managers Index (PMI) ended at 51.8 points in October, higher than the initial value of 51.1, but still lower than 52.8 in September.

The report shows a slight improvement in manufacturing.

< /p >

< p > the American Supply Management Association (ISM) announced today that the US ISM manufacturing index increased from 56.2 in September to 56.4 in October, the highest level since April 2011.

Financial website MarketWatch survey shows that economists had expected an average of 55 in October.

This index is higher than 50 points, indicating that manufacturing activities have expanded.

< /p >

"The Federal Reserve is now concerned about the weakness in the US economy," P Monex Monex analyst said in a notice to client. "Traders want to find clues from the economic data about the future direction of the US economy."

< /p >

P, a number of Fed officials will give a speech on Friday. Investors will be very concerned about this.

Philadelphia Fed chairman Proso said on Friday that a cap scale should be set for the Fed's asset purchase plan, which is now open and relevant to the improvement of the employment market.

"I tend to think that (setting the upper limit scale) is a better exit method," said Mr Proso.

He added that once the plan is completed, the Federal Reserve will be able to reassess the economic situation after setting a ceiling on QE.

< /p >

< p > in addition, the US Federal Reserve Chairman Brad (James Bullard) will deliver a speech at 9:10 a.m. ed. he is a supporter of the Federal Reserve's asset purchase program.

Ricci Lake, Jeffrey Lacker, will deliver a speech at noon Eastern time. He is opposed to the Fed's quantitative easing monetary policy.

< /p >

< p > the United States will begin its implementation in the winter of November 3rd at 02:00 am (15:00 Beijing time) until March 9, 2014.

At that time, the trading hours of the relevant exchanges in the United States will be changed according to the trading rules in the winter, and the closing time of the paction will be postponed for an hour.

The trading date of the US stock market will be changed from November 3rd to Beijing 22:30- 05:00. /p.

"P" stocks news, energy giant Chevron today announced the 2013 quarter of fiscal year third quarter earnings.

According to the report, Chevron's net profit in the third quarter was $4 billion 950 million, down 6% from 5 billion 250 million US dollars in the same period last year, and its earnings per share were US $2.57, which is not as good as that of the same period last year.

< /p >

According to two people familiar with the matter, Hilton international hotel group, a privately held Holdings Company Blackstone Group, plans to hold an initial public offering (IPO) in December 2nd, but there may be some change in time, as regulatory review is still in progress, according to people familiar with the matter, P.

Blackstone declined to comment, and the representative of Hilton did not respond immediately.

< /p >

P, a well-known American financial institution, is planning to issue the first batch of new housing loan related bonds since the collapse of the market in 2008, and the loans are not guaranteed by the government.

It is understood that during the financial crisis, Citigroup accepted the government's capital injection of 45 billion US dollars.

< /p >

< p > Royal Bank of Scotland (market area) announced in November 1st that the bank would not split into a "bad debt bank" and a "good asset bank". Instead, it would create an internal bad debt bank's isolation asset mechanism, such as bad assets such as bad debts that were not expected to repay, 38 billion pounds (about 61 billion US dollars), and 2014 a href= "http://www.91se91.com/news/index_cj.asp" > New Capital < /a > resolution department.

< /p >