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NOV 01, 2013 - TheStreet

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Markets Gain on U.S., Chinese Manufacturing Growth

NEW YORK (TheStreet) -- Markets traded higher Friday amid signs of strength in U.S. and Chinese manufacturing. China's official Purchasing Managers' Index jumped to an 18-month high of 51.4 last month, exceeding the predictions of 51.2, according to a survey of economists by Thomson Reuters. The HSBC/Markit final PMI number rose to a seven-month high of 50.9.  The S&P 500 rose 0.29% to 1,761.65 while the Dow Jones Industrial Average added 0.45% to 15,615.55. The Nasdaq increased 0.06% to 3,922.04.   "The market is encouraged by the PMI from China and the better than ... Read More

Tags: Markets Gain on U.S., Chinese Manufacturing Growth,  Hong Kong Latest News