The Traderszone Network

Published in TZ Latest News 23 June, 2014 by The TZ Newswire Staff

Stock futures flat after mixed data overseas

Stock futures were little changed on Monday, after a six-day rally in the benchmark S&P 500, as upbeat manufacturing data in China was offset by soft readings on business activity in Europe. The HSBC/Markit Flash China Manufacturing Purchasing Managers’ Index rose to 50.8 in June from May’s final reading of 49.4, topping the 49.7 and edging above the 50-point level that separates growth in activity from contraction for the first time since December. Markit’s flash PMI reading for the U.S. for June is due at 9:00 a.m. (1300 GMT).

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