Asia stocks rise on China markets; Tokyo falls

Note: This section contains information in English only.
Source: Marketwatch
Most Asian stocks advanced on Friday amid Spain's budget decisions and belief Chinese policy makers will use additional stimulus measures to boost the economy. The Shanghai Composite Index rose 1.5%, while the Hang Seng Index, the Kospi and Taiex each increased 0.4%. Australia's S&P 200 Index added 0.1%, but Japan's Nikkei dropped 0.9% on low monthly industrial output.
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Fri, 28 Sep 2012 15:13:58 GMT

U.S. consumer spending stagnates in line with expectations

Commerce Department reported on Friday that spending of U.S. consumers rose just a bit in August, which showed that the U.S. economy still struggled to recover. Purchases of households increased by 0.5%, in line with analysts' expectations. However, after adjustment for a 0.4% increase in prices, the data shows that real spending added only 0.1%.

Fri, 28 Sep 2012 14:50:32 GMT

Wall Street futures flat ahead of U.S. data

U.S. stock futures were little changed on Friday, as investors were cautious on Spain's budget and ahead of reports on U.S. consumer income, spending and confidence. Dow Jones futures were steady at 13,414. Futures on the S&P 500 rose 0.04% to 1,442, while those on the Nasdaq Composite added 0.11% to 2,817.50.

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