U. S. stocks are confident in investors’ confidence in the economic outlook, while Chinese real estate stocks shake up Asian stocks


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U. S. stocks rose on Thursday as investors pointed to strong regional production activity that boosted confidence in the broader economic outlook, while debt ups and downs at China’s second-largest real estate developer weighed on Asian stocks. Dow Jones futures rose 0. 6%, while S futures rose 0. 6%. The NY Empire State Manufacturing Index, an indicator of the business situation of New York manufacturers, beat expectations in September, rising from 18. 3 to 34. 3 in August. Analysts had expected a reading of 18. Investors opted to focus on this data, rather than weak U. S. trade production figures....