Overseas Data Is Good &Nbsp; US Stocks Are Rising.
Tuesday in the United States
equity market
The US stock is two plus Yang.
Although the US real estate market data are not good, the positive manufacturing data from Europe and China still boost market sentiment.
Investors are watching the speech delivered by Federal Reserve Chairman Bernanke on Friday.
At 16:00 p.m. Eastern time on August 23rd (Beijing time August 24th 04:00), the Dow Jones industrial average rose 322.11 points, closing at 11176.76 points, or 2.97%; the Nasdaq composite index rose 100.68 points to 2446.06 points, or 4.29%; the standard & Poor's 500 index rose 38.53 points, or 1162.35 points, or 3.43%.
U.S. stocks rose after data showed weakness in the US real estate market and sales of new single family housing in July dropped to a 5 month low.
China's manufacturing economic data released by HSBC on Tuesday raised the overall mood of the market.
HSBC China's Manufacturing Purchasing Managers Index (PMI) climbed to 49.8 in August, indicating China.
Economics
The risk of hard landing is reduced.
Subsequently, the euro area purchasing managers index (PMI) showed that in August, manufacturing activities in the 17 countries of the euro area shrank slightly, but the overall situation was still slowly expanding.
US Department of Commerce announces new housing in July
Sales volume
For 298 thousand buildings.
According to a survey by Bloomberg, the average forecast of economists is 313 thousand.
Sales of new homes in June were 312 thousand.
China's PMI index pushed the Asian stock market strong rebound on Tuesday, while the euro zone PMI index also pushed the European stock market strong.
Meanwhile, investors are still watching Bernanke's speech at the global central bank annual meeting in Jackson Hole, Wyoming, on Friday.
At the annual meeting of the global central bank last year, Bernanke issued a second round of quantitative easing policy, and then the stock market went wild.
New York Mercantile Exchange December gold futures fell $30.60 to settle at $1861.30 an ounce.
Crude oil futures prices rose 1.2% to close at $85.44 a barrel.
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