NEWS: PMI will announce a 0.2% rise in Dow futures in September.

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Dow futures rose 0.2%, S&P 500 futures rose 0.2%, and NAI futures rose 0.3%.
In October 1st, when China closed for the National Day holiday, the Asian market was slack, but the evening series of European and American economic data and Fed officials' speeches could trigger market volatility.
The final value of PMI of Markit manufacturing industry in September, the monthly rate of construction expenditure in August and the PMI of ISM manufacturing industry in September will be announced.
The PMI of ISM manufacturing is particularly important tonight in September. The Institute for Supply Management (ISM) will release its September manufacturing index Tuesday, when market participants will be able to understand trade tensions and the extent of damage inflicted on U.S. manufacturers by exchange rates.
ISM's August report showed that manufacturing activity contracted for the first time in three and a half years, and even more worrying was that the export order index hit a 10-year low. Manufacturing accounts for about 12% of the U.S. economy.
The new export order index reported in August fell to 43.3, the lowest level since April 2009, when the United States was in the midst of a major recession.
In a PMI survey in August, manufacturers told ISM that "business is beginning to show signs of general slowdown".
Tim Ghriskey, chief investment strategist at Inverness Counsel, said: "the US manufacturing sector is at an early stage of recession, and we should be careful that it will spread to a global recession."


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