World stocks kick off August at 7-wk high, U.S. futures on back foot By Reuters

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World stocks kick off August at 7-wk high, U.S. futures on back foot By Reuters
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*GLOBAL STOCKS RISE TO 7-WEEK HIGHS TO START AUGUST AS MARKETS WEIGH RECESSION RISKS -

S&P futures

"The US is not in a 'proper recession' - yet," Gilles Moec, Group Chief Economist at AXA Investment Managers, said in a note. China's official measure of factory activity contracted in July as fresh virus flare-ups weighed on demand, and the Caixin PMI also missed forecasts.added 0.7%.

 

Bullish af

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Stock Futures Fall Slightly to Start August Trading With Market Coming Off Best Month Since 2020Stock Futures Fall Slightly to Start August Trading With Market Coming Off Best Month Since 2020Here’s how stock futures are trading ahead of Monday’s session.
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