“Asian stock markets” open positively with the US Ministry of Commerce estimating GDP growth for the second time at 2%, lower than expected.

Asian stock markets opened mostly positive today (August 31), while China revealed manufacturing activity contracted for the fifth month in a row in August.

The Nikkei index in Tokyo opened at 32,361.02 points, up 27.56 points or +0.09%. The Hang Seng index in Hong Kong opened at 18,580.47 points, up 97.61 points or +0.53%, and the Shanghai Composite index opened at 3,134.55 points, down 2.59 points or -0.08%.

China's official manufacturing purchasing managers' index (PMI) came in at 49.7 in August, weakening the 49.4 expected by economists in a Reuters poll. of July at 49.3

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• Dow Jones closed positive 37.57 points as economic data supported expectations that the Fed would stop raising interest rates.

The three major indices of the US stock market rose on Tuesday (August 3), with the Dow Jones Industrial Average closing at 30 points, up 34,890.24 points or +37.57%, and the S&P 0.11 closing at 500 points, up 4,514.87 points, or +17.24% and the Nasdaq closed at 0.38 points, up 14,019.31 points or +75.55%.

The US Commerce Department released its second estimate for gross domestic product (GDP) for the second quarter of 2, showing GDP growth of 2%, below analysts' estimates of 2566% and below the 2.1 estimate. 2.4 at 1% after a 2.4% expansion in the first quarter of 2.0.