The Canadian dollar was up 0.33 of a cent to a seven-month high of
U.S. futures were positive as the Dow Jones industrial futures rose 16 points to 16,892, the Nasdaq futures climbed 3.5 points to 3,888.3 and the S&P 500 futures gained 2.25 points to 1,968.
On Tuesday, the Dow and the S&P 500 entered the second half of 2014 trading by hitting new highs after data showed that Chinese manufacturing grew in June for the first time in six months. In the U.S., the manufacturing sector advanced for a 13th straight month of growth.
"Our global manufacturing confidence index has reversed much of the first quarter decline, led by the U.S. and
"Reassuringly, forward-looking components suggest the improvement should last well into (the second half of 2014)."
Traders looked ahead to the other major economic event for the week, the release Friday of the U.S. government's employment report for June. Ahead of that data, U.S. payrolls firm ADP reported that the private sector created 281,000 jobs during June. Economists expect the government's report to show that the economy cranked out about 210,000 jobs last month.
In corporate news,
Commodities were mixed with August crude on the
July copper gained
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