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Bullish Chinese Data, Upbeat Earnings Lifts Stock Futures Back Into Plus Side

Stock futures are higher this morning on upbeat Chinese manufacturing data and strong earnings from 3M ( MMM ) and Ford ( F ). Although gains in European equities were stifled by weak EU-zone manufacturing indices, the markets are all in positive territory, following the lead of their U.S. counterparts. Investors are not only encouraged by third-quarter earnings, but by the expectation that generous liquidity provided by the Fed will continue to fuel corporate growth, offsetting any detrimental impact from the government shutdown.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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