It's a new month! Let's hope it would be better than the last one.
Here are 4 tips for today's trading. This will help you decide where you should invest and what to look for:
1. Green on the screen
U.S. stock futures are moving up and overseas markets are all rising.
Investors seem cheered by new economic data from China -- the manufacturing figures were certainly not stellar, but they were better than expected.
The official purchasing managers' index hit 49.8 in September, according to the National Bureau of Statistics, up slightly from 49.7 the previous month.
"The equity market is running high on ... optimism that [recent] China stimulus [initiatives] may be working. Traders are buying ... at least today, and we are seeing more bullish equity bets across the market," said Naeem Aslam, chief market analyst at Ava Capital Markets.
In Europe, many key indexes are climbing by about 1%. Asian markets ended with solid gains, though Chinese markets were closed Thursday for a holiday.