AUDVF - Wall Street Breakfast: Global Markets Churn Higher On China Economic Data M&A Buzz

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. Global markets churn higher on China economic data, M&A buzzGlobal markets are higher after positive data over the weekend on China industrial profit took some of the investor focus off the resurgence of COVID-19 cases. Japan's Nikkei 225 gained 1.3%, Hong Kong's Hang Seng was up 1.0% and South Korea's Kospi jumped 1.3% after only 50 new COVID-19 cases were reported in the nation today. In Europe, the Stoxx 600 Index is up 1.4%, with France's CAC 40, U.K.'s FTSE 100 and Germany's DAX all comfortably in positive territory at mid-day. U.S. stock futures are also pointing up more than 1% ahead of a light earnings and conference calendar. Underpinning some of the investor optimism are renewed hope over a new stimulus deal making its way

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Wall Street Breakfast: Global Markets Churn Higher On China Economic Data, M&A Buzz