Stock futures edge higher on robust China data; chipmakers riseU.S. stock index futures inched higher on Wednesday, buoyed by upbeat economic data from China, but gains were capped by disappointing quarterly reports from Netflix and IBM.
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Morgan Stanley quarterly profit falls 9 percentMorgan Stanley reported a 9 percent drop in quarterly profit on Wednesday as equities and bond trading fell due to low market volatility.
from Reuters: Business News https://reut.rs/2KLbMig
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ABB CEO steps down abruptly in middle of group's overhaulABB Chief Executive Ulrich Spiesshofer has quit the Swiss industrial group as the board and major shareholders look for a speedier turnaround at the maker of industrial robots and supplier of factory automation.
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Comforting China data puts Wall Street records within reachWall Street's main markets were eyeing a return to all-time highs on Wednesday after a raft of Chinese data beat expectations, easing concerns about the health of its economy.
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