NewsWare’s Trade Talk: Wednesday, March 1

S&P Futures are moving higher after a rocky month of trading in February. Today's move higher is due to a spike in Factory activity out of China overnight. China's PMI data jumped from 50.1 in Jan to 52.6 in Feb and caused global markets to move higher. This morning, traders are anticipating U.S. manufacturing data releases and earnings reports from a host of key retailers. European stocks are higher and oil is lower due to elevated production levels.