Chinese PMI

Brent crude oil made its way toward $95 on Wednesday, helped by strong Chinese data. The commodity traded at $94.94 at 4:20 GMT, still under pressure from the global supply glut. On Tuesday, crude prices tumbled as growing global supply weighed. Brent lost more than $2.00, the commodity...

Traders and investors woke up Thursday morning to troubling news out of China. Chinese January HSBC flash PMI declined to 49.6 from a 50.5 in December. The data is re-starting the Chinese slowdown debate and according to Reuters has “reinforced concerns about global growth, especially in...

Shares of Yum! Brands (NYSE: YUM), Nike (NYSE: NKE) and Coach (NYSE: COH) saw strong rallies on Thursday. Coach was up well over two percent, while Yum was up nearly four percent and Nike was up nearly five percent. Official Chinese PMI came in below expectations overnight Wednesday, but still...