Stocks Rise as Traders Digest Data and Powell Comments
Equity traders have returned from the Easter weekend in a positive mood. Boosted by better than expected Chinese Manufacturing PMI and Non-Manufacturing PMI which both increased from last month and came in above 50 in expansion territory, Shanghai rallied 1.2% overnight and Hong Kong gained 0.9%. The Nikkei, however, continued to fall away from 40,000, […]